Fund Description
The iPath Pure Beta Broad Commodity ETN is linked to the Barclays Capital Commodity Index Pure Beta TR (the "Index") and reflects the returns that are potentially available through an unleveraged investment in the futures contracts on physical commodities comprising the Index, while mitigating the effects of certain distortions in the commodity markets on such returns through the application of the Barclays Capital Pure Beta Series 2 Methodology. The Index is comprised of a basket of exchange traded futures contracts. However, unlike many commodity indices which roll their exposure to the corresponding futures contract on a monthly basis in accordance with a pre-determined roll schedule, the Index may roll into one of a number of futures contracts with varying expiration dates, as selected using the Barclays Capital Pure Beta Series 2 Methodology. In addition, the Index reflects the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
Fund Profile
Fund Name iPath Pure Beta Broad Commodity ETN
Fund Exchange Ticker BCM
Fund Sponsor Barclays iPath
Fund ISIN US06740P1140
Net Expense Ratio 0.70 %
Fund Inception Date 20 April 2011
Fund Legal Structure ETN
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Commodities & Metals - Diversified Commodities
Asset Class Commodities & Metals
Index Linked Passive
Index Name Barclays Capital Commodity Index Pure Beta TR
Index Provider Barclays
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Commodity Types Diversified Commodities
Key Statistics
Return As of Date 11 August 2022
Asset Under Management 44.12 Million (USD)
1 Month Total Return 5.63 %
Year To Date Return 17.04 %
1 Year Total Return 26.46 %
3 Year Annualized Total Return 19.16 %
NAV 45.8809
Share Outstanding 961,657
Top 10 Holdings (Invalid date)
Constituent Name Constituent Ticker Constituent Type Weighting