abrdn Bloomberg Industrial Metals Strategy K-1 Free ETFabrdn Bloomberg Industrial Metals Strategy K-1 Free ETFabrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF

No trades
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Key stats


Assets under management (AUM)
‪20.96 M‬USD
Fund flows (1Y)
‪2.80 M‬USD
Dividend yield (indicated)
11.06%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪1.00 M‬
Expense ratio
0.40%

About abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF


Brand
aberdeen
Inception date
Sep 23, 2021
Structure
Open-Ended Fund
Index tracked
Bloomberg Industrial Metals Subindex
Replication method
Synthetic
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
abrdn, Inc.
Distributor
ALPS Distributors, Inc.
ISIN
US0032616098
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.

Broaden your horizons with more funds linked to BCIM via country, focus, and more.

Classification


Asset Class
Commodities
Category
Industrial metals
Focus
Broad market
Niche
Front month
Strategy
Multi-factor
Geography
Global
Weighting scheme
Multi-factor
Selection criteria
Fixed
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Cash
Bonds, Cash & Other100.00%
Government64.38%
Corporate25.45%
Cash10.16%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BCIM trades at 20.77 USD today, its price has fallen −0.67% in the past 24 hours. Track more dynamics on BCIM price chart.
BCIM net asset value is 20.76 today — it's risen 2.34% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BCIM assets under management is ‪20.96 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BCIM price has risen by 2.26% over the last month, and its yearly performance shows a −5.29% decrease. See more dynamics on BCIM price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.36% decrease in three-month performance and has increased by 5.39% in a year.
BCIM fund flows account for ‪2.80 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BCIM invests in bonds. See more details in our Analysis section.
BCIM expense ratio is 0.40%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BCIM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BCIM technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BCIM shows the sell signal. See more of BCIM technicals for a more comprehensive analysis.
Yes, BCIM pays dividends to its holders with the dividend yield of 11.06%.
BCIM trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BCIM shares are issued by Aberdeen Group Plc
BCIM follows the Bloomberg Industrial Metals Subindex. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 23, 2021.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.