The main objective of this fund is to provide investors with a predetermined claim under specified conditions, with no fixed term. Investors have the option to exercise the product at any redemption date by submitting a written declaration within the redemption period.
Fund Exposure
This fund is primarily exposed to commodity futures contracts, which are replaced before their maturity date through a process called "Roll Over." The fund's exposure is secured in terms of credit risk but does not offer capital protection. The fund's performance is influenced by the reference price, multiplied by the conversion ratio and converted into the fund's currency.
Risks
Investors should be aware that the fund's performance may be impacted by factors such as changes in commodity prices, interest rates, and the costs associated with the "Roll Over" process. Additionally, the fund does not provide capital protection, and the value of the investment may fluctuate based on market conditions.