L&G Longer Dated All Commodities UCITS ETF

The Fund is a passively managed exchange traded Fund that aims to track the performance of the Bloomberg Commodity Index 3 Month Forward Total Return (the " Index "), subject to the deduction of the ongoing charges and other costs associated with operating the Fund. Shares in this Share Class (the " Shares ") are denominated in USD and can be bought and sold on stock exchanges by ordinary investors using an intermediary (e.g. a stockbroker). In normal circumstances, only Authorised Participants may buy and sell Shares directly with the Company. Authorised Participants may redeem their Shares on demand in accordance with the "Dealing Timetable" published on http://www.lgim.com . The index provides a return equivalent to a fully "collateralised" investment in a diversified portfolio of commodity "futures contracts" across the following sectors: (1) Energy; (2) Precious Metals; (3) Industrial Metals; (4) Livestock; (5) Grains; and (6) Softs. Within the Index, the commodities are primarily weighted according to their relative "liquidity" (a measure of how actively a commodity has historically traded) and "economic significance" (determined by reference to historical production levels). The Index return is comprised of: (1) the "spot" return which reflects the day-to-day changes in the prices of the commodity futures contracts; (2) the "roll" return associated with periodically selling the futures contracts that are nearing their expiry dates with later-dated equivalents in order to maintain exposure to the commodity futures on an ongoing basis; and (3) the "collateral" return which reflects the interest that a commodity investor would earn where they deposit with a bank (for safe-keeping) the cash that they will need to settle the contract at the future delivery date. The Index is a "longer dated" index which means that it refers to versions of the relevant commodity futures that have expiry dates further into the future than the versions of the commodity futures compr

Synthetic replication - unfunded swap backed by collateral

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No