BCD

Aberdeen Standard Bloomberg All Commodity Longer Dated K-1 Free Strategy ETF
*Unless otherwise stated, data provided by FactSet.

BCD Fund Description

BCD seeks to outperform a broad-market commodity index through the active management of the fund’s collateral. The index includes longer-dated futures contracts on roughly more than 20 commodities.

BCD Factset Analytics Insight

BCD is perhaps best thought of as an index-tracking fund with an active overlay. The fund generally follows its benchmark — Bloomberg Commodity Index 3 Month Forward, but attempts to boost returns through the active management of the fund’s collateral. The index includes the following commodity futures contracts: agriculture, energy, livestock, and metals sectors, there are 25 eligible commodities but may vary. 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 sector level. Contracts are selected several months out on the futures curve and held for 2-4 months, according to a set roll schedule that varies by commodity. BCD’s active manager invests the fund’s collateral in cash and short-term, highly rated corporate and government debt. The fund manages its commodity exposure through a wholly owned Cayman Islands subsidiary, a common structure in the commodity ETF space.

PERFORMANCE [as of 07/26/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BCD 4.21% 9.35% 23.39% 43.82% 8.98% -- --
BCD (NAV) 4.61% 9.09% 24.85% 44.36% 8.66% -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI 1.63% 9.18% 32.04% 51.38% -1.53% 3.60% -6.87%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BCD Summary Data

Aberdeen
03/30/17
Open-Ended Fund
0.29%
$40.49M
$389.01K
0.24%

BCD Portfolio Data

Futures
Extended Term
N/A
--

BCD Index Data

No Underlying Index
Multi-Factor
Fixed
S&P GSCI

BCD Portfolio Management

0.29%
--
--
--

BCD Tax Exposures

20.00% / 39.60%
--
No

BCD Fund Structure

Open-Ended Fund
No
No
N/A
N/A
High
Daily

BCD Factset Analytics Block Liquidity

As of 07/27/21
5
4
3
2
1

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

BCD Tradability

12,831
$389.01K
11,269
$347.75K
0.24%
$0.07
0.14%
1.44% / -0.67%
None
100.00%
50,000
0.23
0.02%
--
0
$31.46
5

BCD Top 10 Targeted Commodity Weights[View All]

21.53%
9.52%
8.04%
7.42%
6.68%
5.69%
4.95%
4.45%
4.20%
4.20%
76.68%

BCD Tenor Strategy

BCD uses the contract expiration to determine roll process to choose contracts 4-6 months to maturity.

BCD Rolling Strategy

Based on a set roll schedule to avoid physical delivery and maintain intermediate exposure.

BCD Performance Statistics

0.70
0.57
--
--
0.00%