New commodity ETF from L & G on Xetra: access to the broad commodities sector via futures contracts excluding agriculture and livestock
April 25, 2024--Since Thursday, a new exchange-traded fund issued by Legal & General Investment Management has been tradable on Xetra and and Börse Frankfurt since Friday.
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The ETF is fully collateralised. As futures contracts have a limited maturity, they are usually closed before expiry and rolled over into a new contract with a later maturity. Depending on whether the futures contract purchased is cheaper or more expensive than the futures contract sold, roll gains or roll losses are realised.
Name: L&G Multi-Strategy Enhanced Commodities ex-Agriculture & Livestock UCITS ETF |
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