BEF

Aberdeen Standard Bloomberg Energy Commodity Longer Dated Strategy K-1 Free ETF
C

N/A
*Unless otherwise stated, data provided by FactSet.

BEF Fund Description

BEF seeks to outperform an energy futures index through the active management of the fund’s collateral. The index includes targeted exposure to energy futures contracts with maturities of 4-6 months.

BEF Factset Analytics Insight

Actively managed BEF is perhaps best thought of as an index-tracking fund with an active overlay. The fund generally follows its benchmark—the Bloomberg Energy Index 3 Month Forward—but attempts to boost returns through the active management of the fund’s collateral. The index includes contracts on WTI and Brent crude, natural gas, gasoline, and heating oil. Futures positions are weighted 2/3 by trading volume and 1/3 by world production. The index rebalances each January. Contracts are selected six months out on the futures curve and held for two months, according to a set roll schedule. BEF’s active manager invests the fund’s collateral in cash and short-term, highly rated corporate and government debt.BEF 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 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.

BEF 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 December 13, 2018 the Aberdeen Standard Bloomberg Energy Commodity Longer Dated 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. BEF ranks in the 0th percentile within its peer group and in the 91st percentile within the global universe of all funds in MSCI ESG Fund Metrics coverage.

BEF CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
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  • 1 Year
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  • 5 Years
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COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 12/13/18] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BEF -5.66% -10.78% 1.24% 14.15% -- -- --
BEF (NAV) -3.44% -10.53% 0.99% 7.50% -- -- --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BEF Top 10 Holdings

This chart is unavailable

BEF Summary Data

03/30/17
Open-Ended Fund
0.39%
$3.78M
$30.63K
0.26%

BEF Portfolio Data

Futures
Variable
Monthly
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BEF Index Data

No Underlying Index
Multi-Factor
Fixed
N/A

BEF Portfolio Management

0.39%
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BEF Tax Exposures

20.00% / 39.60%
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No

BEF Fund Structure

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

BEF Factset Analytics Block Liquidity

As of 12/14/18
5
4
3
2
1

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

BEF Tradability

954
$30.63K
256
$12.26K
0.26%
$0.07
-0.10%
4.20% / -6.34%
None
100.00%
50,000
0.01
0.02%
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$25.58
5

BEF Tenor Strategy

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

BEF Rolling Strategy

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

BEF Performance Statistics

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0.00%

BEF MSCI ESG Ratings

6.89 / 10
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90.97
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