XTRACKERS DB BLOOMBERG COMMODITY OPTIMUM YIELD SWAP UCITS ETF (GBP) XBCS.GB

Xtrackers DB Bloomberg Commodity Optimum Yield Swap UCITS ETF seeks to deliver the performance of a commodities benchmark by using swap-based synthetic replication rather than holding physical commodities.

Its investment objective is to reflect the returns of the Bloomberg Commodity Index Total Return 3 Month Forward, a diversified benchmark that includes over 20 globally traded commodity futures from the energy, precious metals, industrial metals, grains, softs and livestock sectors, selecting and weighting components based on liquidity and economic significance.

The benchmark's methodology features futures contracts that are set three months forward relative to those used in the standard Bloomberg Commodity Index, and the index applies sector weight caps to avoid concentration risk across sectors.

The ETF is issued by Deutsche Asset Management under the Xtrackers range, domiciled in Luxembourg and structured as a UCITS ETF. The fund uses synthetic (swap-based) replication to achieve exposure to the reference index.