BCI

ETFS Bloomberg All Commodity Strategy K-1 Free ETF
B

N/A
  • Overview
  • Efficiency
  • Tradability
  • Fit

BCI Fund Description

The ETFS Bloomberg All Commodity K-1 Free Strategy ETF seeks to outperform a broad-market commodity index through the active management of the fund’s collateral. The index includes 26 commodity futures with maturities of 1-3 months.

BCI Factset Analytics Insight

Actively managed BCI is best thought of as an index-tracking fund with an active overlay. The fund generally follows its benchmark—the Bloomberg Commodity Index—but attempts to boost returns through the active management of the fund’s collateral. The index includes up to 26 commodity futures contracts in the agriculture, energy, livestock, and metals sectors. Futures positions are weighted 2/3 by trading volume and 1/3 by world production. The index rebalances each January with weight-caps applied at the commodity, sector, and group levels. Contract tenor selection is determined by a set roll schedule that varies by commodity. BCI’s active manager invests the fund’s collateral in cash and short-term, highly rated corporate and government debt.

BCI is organized as an open-ended ETF, rather than a commodity pool, so taxable investors pay the usual long- and short-term capital gains rates on sale and avoid receiving an annual K-1 tax form. The fund manages this feat by gaining its commodity exposure through a wholly owned Cayman Islands subsidiary, a common structure in the commodity ETF space.

BCI MSCI ESG Analytics Insight

The MSCI ESG Fund Quality Score measures the ability of ETF underlying holdings to manage key medium to long-term risks and opportunities arising from environmental, social, and governance factors, as determined by MSCI ESG Research LLC. As of February 19, 2018 the ETFS Bloomberg All Commodity Strategy K-1 Free ETF MSCI ESG Fund Quality Score is 6.89 out of 10.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. BCI ranks in the 91st percentile within its peer group and in the 91st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
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BCI Top 10 Holdings

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BCI Summary Data

ETFS
03/30/17
Open-Ended Fund
0.00%
$136.09M
$2.08M
0.09%

BCI Portfolio Data

Futures
Variable
N/A
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BCI Index Data

No Underlying Index
Multi-Factor
Fixed
S&P GSCI

Related ETFs to BCI

DJP, UCI, DJCI, UCIB, COMB
Total Return
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max

BCI Portfolio Management

0.00%
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BCI Tax Exposures

20.00% / 39.60%
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No

BCI Fund Structure

Open-Ended Fund
No
No
N/A
N/A
Low
Daily
Bats Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

BCI Factset Analytics Block Liquidity

As of 02/20/18
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BCI. BCI is rated a 5 out of 5.

BCI Tradability

84,614
$2.08M
35,345
$860.86K
0.09%
$0.02
0.09%
1.57% / -3.17%
None
100.00%
50,000
0.71
0.02%
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$24.51
5

BCI Sector Breakdown

BCI Tenor Strategy

BCI uses the contract expiration to execute the roll process in choosing contracts 1-3 months to maturity.

BCI Performance Statistics

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0.00%

BCI Rolling Strategy

Lead future and Next futures contracts rolled to avoid physical delivery monthly.

BCI MSCI ESG Ratings

6.89 / 10
90.57
90.85
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