SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF
SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF
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About SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF
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- US
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The SPDR Bloomberg Enhanced Roll Yield Commodity Strategy No K-1 ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bloomberg Enhanced Roll Yield Total Return Index (the “Index”)The Index is designed to measure the performance of a rules-based, liquid and long-only exposure to the broad commodities market through synthetic positions in futures contracts featuring diversification constraints and tilting toward commodities that may have a downward sloping futures curve and greater liquidityCERY may potentially reduce the costs associated with rolling over commodity futures contracts while providing the potential diversification and inflation-hedging benefits of commodities to core portfolios
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