Price Chart
Key Statistics
Previous Close
—Day Range
N/A52-Week Range
Avg Volume
24.0KDividend Yield
3.77%Expense Ratio
0.40%AUM
$29.3MShares Outstanding
—Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Aberdeen Investments
- Category
- Cash & Others
- Inception Date
- Sep 24, 2021
- Description
- 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 subsidiarya 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.
Similar ETFs
The abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) is an exchange-traded fund issued by Aberdeen Investments that launched on Sep 24, 2021. It currently manages $29.3M in assets under management. The fund charges an expense ratio of 0.40%. The fund holds 10 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 100.0% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | TREASURY BILL 03/22 0.00000 | 39.30% | 20,500,000 | $0 |
| 2 | 1HGZ1 | COPPER FUTURE DEC21 XCEC 20211229 | 16.80% | 81 | $0 |
| 3 | MALF22 | LME PRI ALUM FUTR JAN22 XLME 20220117 | 13.37% | 91 | $0 |
| 4 | — | US DOLLAR | 9.58% | 4,995,104 | $0 |
| 5 | MZNF22 | LME ZINC FUTURE JAN22 XLME 20220117 | 7.82% | 50 | $0 |
| 6 | MNIF22 | LME NICKEL FUTURE JAN22 XLME 20220117 | 5.89% | 27 | $0 |
| 7 | MALX21 | LME PRI ALUM FUTR NOV21 XLME 20211115 | 3.38% | 23 | $0 |
| 8 | MZNX21 | LME ZINC FUTURE NOV21 XLME 20211115 | 1.88% | 12 | $0 |
| 9 | MNIX21 | LME NICKEL FUTURE NOV21 XLME 20211115 | 1.53% | 7 | $0 |
| 10 | — | AIM GOVERNMENT AGENCY AIM GOVY AND AGENCY FD ASTITGA | 0.44% | 231,469 | $0 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | — | |
| 1M | — | |
| 3M | — | |
| 6M | — | |
| YTD | — | |
| 1Y | -3.89% | |
| 3Y | +1.12% | |
| 5Y | -18.71% |
Moving Averages
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Price with Moving Averages
Support & Resistance
52-Week High
$22.75
Current Price
$21.36
52-Week Low
$21.36
Current Yield
3.77%
Annual Dividend
—
Frequency
—
Last Ex-Date
—
Dividends
No dividend data available for this ETF.
Category Comparison
| Metric | BCIM | Cash & Others(1140 ETFs) | Copper(23 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.40% | 0.67% | 1.73% |
| AUM | $29.3M | $1.85B | $616.4M |
| Dividend Yield | 3.77% | 9.56% | 3.70% |
| Avg Volume | 24.0K | 759.2K | 266.8K |
| Holdings | 10 | 251 | 21 |
| Performance | |||
| 1-Month Return | — | -1.95% | -11.42% |
| 6-Month Return | — | +6.46% | -4.33% |
| YTD Return | — | +1.62% | +8.41% |
| 1-Year Return | — | +1.09% | -0.14% |
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