Lumyna - BOFA MLCX Commodity Alpha UCITS Fund USD C-5 (acc)
ISIN LU1057469469 / Valor 24242197
Lumyna - BOFA MLCX Commodity Alpha UCITS Fund USD C-5 (acc)
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General Objective
The fund aims to track the BofA Merrill Lynch Commodity Index eXtra AF5T Total Return Index, providing a market neutral exposure to commodity markets.
Fund Exposure
The fund is passively managed and is managed in reference to the Index, which is based on sub-indices comprised of the principal commodity sectors: energy, base metals, and grains and oil seeds. The fund takes a long position in the BofA Merrill Lynch Commodity MLCXXA1 Excess Return Strategy and a corresponding short position in the Bloomberg Commodity exPrecious Metals Index. The fund will use swaps to implement its investment strategy and forward currency contracts for share class hedging purposes.
Risks
The fund carries risks such as derivatives risk, where the use of derivatives for investment purposes can result in greater fluctuations in the value of the fund. Additionally, there is commodity sector concentration risk, meaning the fund is more sensitive to commodity-related events. Other risks include counterparty risk, where the other party to a transaction with the fund may fail to fulfill its contractual obligations, exposing the fund to financial losses.
Source
https://www.lumyna.com/share/LU1057469113
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