abrdn Bloomberg All Commodity Strategy K-1 Free Etf
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization2,480.39 mln
Business Description
This fund tracks the performance of a wide range of commodity futures markets, giving investors broad exposure to raw materials through a single investment. It operates by holding futures contracts via an offshore subsidiary based in the Cayman Islands. The fund concentrates its holdings rather than spreading them across many asset types.