BCIM

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF
*Unless otherwise stated, data provided by FactSet.

BCIM Fund Description

BCIM tracks an index of four industrial metals futures with maturities of 1 to 3 months combined with cash collaterals invested in 3-month US treasuries.

BCIM Factset Analytics Insight

BCIM is a passively managed, collateralized commodity investment. The fund generally tracks an index of four industrial metals futures (copper, aluminum, zinc, and nickel)—combined with collaterals in an attempt to enhance returns. The underlying index includes futures contracts with maturities of 1 to 3 months, rolled according to a fixed schedule. At each annual rebalancing, these futures positions are weighted by liquidity and production data, subject to diversification rules. The fund manages its commodity exposure through a wholly owned Cayman Islands subsidiary—a common structure in the commodity ETF space. On another note, its cash collaterals are invested mainly in 3-month US Treasuries whose returns are calculated using the most recent weekly auction high rate. BCIM comes on the back of BCI and BCD, and rounds out abrdn K-1 Free ETF trust.

PERFORMANCE [as of 06/23/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BCIM -13.04% -25.56% -6.33% -- -- -- --
BCIM (NAV) -13.47% -24.75% -6.41% -- -- -- --
Bloomberg Industrial Metals Subindex -13.17% -24.39% -5.97% 5.69% 14.04% 8.97% 1.98%
S&P GSCI Industrial Metals Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BCIM Summary Data

Abrdn Plc
Aberdeen
09/23/21
Open-Ended Fund
0.39%
$31.53M
$169.10K
0.67%

BCIM Portfolio Data

Futures
Front Month
N/A
--

BCIM Index Data

Bloomberg Industrial Metals Subindex
Multi-Factor
Fixed
S&P GSCI Industrial Metals Index

BCIM Portfolio Management

0.39%
--
--
--

BCIM Tax Exposures

20.00% / 39.60%
--
No

BCIM Fund Structure

Open-Ended Fund
No
--
N/A
N/A
Medium
None

BCIM Factset Analytics Block Liquidity

As of 06/24/22
5
4
3
2
1

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

BCIM Tradability

6,141
$169.10K
2,364
$66.39K
0.67%
$0.19
0.18%
3.28% / -6.55%
None
100.00%
25,000
0.09
--
--
18
$24.10
5

BCIM Sector Breakdown


BCIM
Segment Benchmark
51.10%
--
48.90%
--

BCIM Top 10 Targeted Commodity Weights[View All]

47.49%
16.55%
14.98%
7.08%
3.01%
2.25%
2.25%
1.51%
1.51%
1.51%
98.15%

BCIM Tenor Strategy

BCIM invests solely in second-month futures contracts. This means that the fund will be particularly sensitive to changes in spot prices, but may be priced higher or lower than spot, sometimes dramatically.

BCIM Rolling Strategy

BCIM rolls contracts over an annually pre-determined 5 day period each month.

BCIM Performance Statistics

--
--
--
--
0.00%

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.