BlackRock has launched the iShares Diversified Commodity Swap UCITS ETF, providing exposure to a variety of commodity markets. The ETF has a total expense ratio of 0.19% and trades in USD, but is also available in a pound sterling-denominated share class under the ticker COMM. BlackRock noted that the fund may prove popular with investors seeking portfolio diversification tools at a time when the correlation between historically uncorrelated asset classes, notably equities and fixed income, is rising.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
