New commodity ETF from L & G on Xetra: access to the broad commodities sector via futures contracts excluding agriculture and livestock

Since Thursday, a new exchange-traded fund issued by Legal & General Investment Management has been tradable on Xetra and Börse Frankfurt.

The L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF offers investors access to the performance of a basket of commodities from the energy, industrial and precious metals sectors via futures contracts with different maturity dates. The agricultural and live cattle sector is not included.

The ETF is fully collateralised. As futures contracts have a limited maturity, they are usually closed before expiry and rolled over into a new contract with a later maturity. Depending on whether the futures contract purchased is cheaper or more expensive than the futures contract sold, roll gains or roll losses are realised. 

NameAsset classISINOngoing chargesDistribution policyReference index
L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETFCommodity ETFIE000MQ5XEW10.30 per centAccumulatingBarclays Backwardation Tilt Multi-Strategy Ex-Agriculture & Livestock Capped TR Index

The product offering in Deutsche Börse’s XTF segment currently comprises a total of 2,157 ETFs. With this selection and an average monthly trading volume of around €14 billion, Xetra is the leading trading venue for ETFs in Europe.

Contact for media:

Carola Dürer

+49-(0) 69-2 11-1 47 39

Published on April 25, 2024

Share this Article