Amundi Bloomberg Equal-weight Commodity ex-Agriculture UCITS ETF Acc
ISIN LU1829218749 WKN LYX0Z2 Rating ★★★☆☆
Replication
synthetic
Earnings
accumulating
TER
0.30 %
TD
0.67 %
Currency
EUR
Fund size
1500 Mio EUR
Perf. 2022
29.40 %
"Amundi Bloomberg Equal-weight Commodity ex-Agriculture UCITS ETF Acc" is an exchange-traded investment fund (ETF). It refers to the Bloomberg Energy and Metals Equal Weighted Index. This index reflects the development of securities . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings are automatically reinvested (accumulated). The fund company Amundi claims a total expense ratio (TER) of 0.30% per year. The yearly average divergence from the index performance (Tracking Difference) since 2011 was 0.67% per year. Therefore, the ETF was more expensive than the TER suggests.