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COMIX CM Commodity Index Fund - Class I Please read important disclosure Close important disclosure false us en false false

CM Commodity Index Fund Reverse Share Split

VanEck Constant Maturity (CM) Commodity Index Fund underwent a reverse share split effective September 11, 2023. Please see VanEck's press release here for more information.

CM Commodity Index Fund - Class I
COMIX
Class A Class Y Class I

CM Commodity Index Fund - Class I
COMIX
Class A Class Y Class I

  • NAV
    $73.30

    as of September 25, 2023
  • YTD RETURNS
    2.07%

    as of September 25, 2023
  • Net Assets (All Classes)
    $571.50M

    as of August 31, 2023
  • Gross Expense Ratio
    0.82%
  • Net Expense Ratio
    0.65%
  • Inception Date
    12/31/2010

Fund Description

The CM Commodity Index Fund seeks to track, before fees and expenses, the performance of the UBS Constant Maturity Commodity Total Return Index, a diversified commodity index that allocates across maturities with the aim of minimizing exposure to the front end of the futures curves and mitigating the impact of negative roll yield in contango environments.

Schedule a Call

Overview

Fund Highlights

  • By spreading its exposure across multiple maturities and maintaining a constant maturity per commodity, the Index seeks to minimize exposure to front end of the futures curve and mitigate the impacts of negative roll yield
  • Diversified across five commodity sectors and 29 commodity components; Monthly rebalancing to limit concentration risk and reduce volatility
  • In contrast with many “enhanced” commodity funds, offers “pure” commodity exposure by investing in commodity-linked derivative instruments and more conservative fixed income securities, such as U.S. Treasury Bills
  • No K-1s – Access to commodities without burdensome K-1 tax reporting

Performance

Portfolio

Distributions

Team

Fees

Literature

COMIX