LGIM expands ETF range with the launch of Multi Strategy Enhanced Commodities ETF

Legal & General Investment Management (LGIM) expands of its ETF range with the launch of the L&G Multi Strategy Enhanced Commodities UCITS ETF

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By ETFWorld.co.uk

Aanand Venkatramanan Head of ETFs, EMEA at Legal & General Investment Management (LGIM)

The L&G Multi Strategy Enhanced Commodities UCITS ETF aims to track the performance of the Barclays Backwardation Tilt Multi-Strategy Capped Total Return Index.

Fund snapshot

Broad commodities exposure

Basket of commodity futures with dynamically determined expiry dates

Diversification

Commodities are a distinct asset class with returns that are largely independent of stock and bond returns

Inflation hedge

Commodity indices tend to benefit from rising inflation

Source: ETFWorld.co.uk