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 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BCD 6.33% 6.51% 25.41% 38.75% 9.17% -- --
BCD (NAV) 5.36% 7.02% 27.43% 41.70% 9.59% -- --
No Underlying Index -- -- -- -- -- -- --
S&P GSCI 7.21% 4.51% 35.37% 56.07% -1.32% 3.96% -5.17%
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%
$47.68M
$417.48K
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
Medium
Daily

BCD Factset Analytics Block Liquidity

As of 09/24/21
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

13,308
$417.48K
13,017
$407.43K
0.24%
$0.08
0.15%
1.44% / -0.67%
None
100.00%
50,000
0.26
0.02%
--
0
$32.11
5

BCD Top 10 Targeted Commodity Weights[View All]

24.60%
9.01%
7.13%
6.81%
6.29%
5.97%
5.66%
5.66%
4.19%
3.77%
79.10%

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

0.73
0.60
--
--
0.00%