Key stats
About L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD
Home page
Inception date
Jul 5, 2021
Structure
Irish VCIC
Replication method
Synthetic
Dividend treatment
Capitalizes
Primary advisor
LGIM Managers (Europe) Ltd.
ISIN
IE00BFXR6159
The investment objective of the L&G Multi-Strategy Enhanced Commodities UCITS ETF (the Fund) is to provide an exposure to futures contracts on physical commodities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash104.59%
Miscellaneous−4.59%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ENCO assets under management is 732.31 M EUR. It's fallen 6.68% over the last month.
ENCO fund flows account for −771.53 M EUR (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ENCO doesn't pay dividends to its holders.
ENCO shares are issued by Legal & General Group Plc under the brand L&G. The ETF was launched on Jul 5, 2021, and its management style is Passive.
ENCO expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
ENCO follows the Barclays Backwardation Tilt Multi-Strategy Capped Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ENCO invests in cash.
ENCO price has fallen by −3.73% over the last month, and its yearly performance shows a −0.06% decrease. See more dynamics on ENCO price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.41% over the last month, showed a 1.90% increase in three-month performance and has decreased by −1.34% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −4.41% over the last month, showed a 1.90% increase in three-month performance and has decreased by −1.34% in a year.
ENCO trades at a premium (0.66%) meaning the ETF is trading at a higher price than the calculated NAV.