UBS launches constant maturity commodities ETF

ETF roundup

Mining

UBS Global Asset Management has launched the UBS-ETF CMCI Composite SF (Swap Fund) exchange-traded fund (ETF), which provides investors with exposure to commodities via the UBS Bloomberg Constant Maturity Commodity Total Return Index. The individual commodities are weighted according to economic and liquidity data, reflecting their global consumption patterns. Inflows into exchange-traded funds (ETFs) and exchange-traded products (ETPs) reached a record of $107 billion in the year to the end