Bringing you live news and features since 2006 

iShares Commodities Select Strategy ETF lists on Nasdaq

RELATED TOPICS​

A new exchange-traded fund, iShares Commodities Select Strategy ETF (COMT), has begun trading on The Nasdaq Stock Market.

"We believe commodities play an important role in investor's portfolios, but investing in them can be a challenge," says Patrick Dunne, head of iShares global markets and investments at BlackRock. "The iShares Commodities Select Strategy ETF provides investors with comprehensive commodity exposure in a simple, efficient way through futures and equities and removes a tax barrier that may have kept investors away from commodities."
 
COMT is structured to provide cost-effective, simple access to a diversified mix of commodities through futures and commodity-related companies. The fund is intended to be an all-in-one commodity solution by providing comprehensive commodity exposure in a smarter, more efficient way through both futures and equities; removing a tax barrier that may have kept investors away from commodities and utilising a roll methodology that seeks to improve returns. The fund manager uses a roll methodology designed to minimise the negative return impact of 'contango', which describes a term structure of the futures curve where the future price is above the expected future spot price. Additionally, the ETF structure of COMT alleviates the need for investors to file a K-1 at tax time.
 
"We are thrilled to embark on a closer partnership with BlackRock and welcome their unique exchange-traded product to the Nasdaq family of listed companies and ETPs," says Walt Smith, Vice President, head of US equities at Nasdaq. "As an operator of leading electronic trading venues in multiple asset classes including cash equities and fixed income, we continue to facilitate various investment opportunities in these products."

Latest News

21Shares AG has announced that the firm has added staking to the 21Shares Cosmos ETP (ATOM) and the 21Shares Avalanche..
EFAMA has published its latest Monthly Statistical Release for May 2024...
Solactive writes that it has expanded its collaboration with Kiwoom Asset Management by providing the underlying indices to the KIWOOM..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor interest in private markets, high..

Related Articles

Scott Kefer, VictoryEx Capital Holdings
Bailey McCann writes that active ETFs are capturing investor interest, according to the latest data from Morningstar, which finds that...
Chris Lo, Columbia Threadneedle
In a recent insight on India by Columbia Threadneedle Investments, the firm reports that the country’s economic reforms, which aim...
With an election on the horizon in the United States a group of ETFs is poised to capture investments on...
Robot worker
Qraft Technologies, based in South Korea, specialises in the use of AI in security selection and portfolio construction....
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by