CM Commodity Index Fund - Class A
CMCAX
CMCAX
CM Commodity Index Fund - Class A
CMCAX
CMCAX
-
NAV$66.46
as of August 29, 2024 -
YTD RETURNS2.47%
as of August 29, 2024 -
Net Assets (All Classes)$536.10M
as of July 31, 2024 -
Gross Expense Ratio1.32%
-
Net Expense Ratio0.95%
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Inception Date12/31/2010
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.
Overview
Fund Highlights
- Seeks improved roll returns with constant exposure across futures maturities
- Diversified across 29 commodities and five sectors
- No K-1s – investor-friendly tax reporting
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