UBS BBG Commodity Index SF UCITS ETF hCHF acc

What this fund is

UBS BBG Commodity Index SF UCITS ETF hCHF acc is an exchange-traded fund (ETF) from UBS, traded under the ticker 0Y2C (ISIN IE00B598DX38). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one company. In plain terms it is about tracking physical commodities like gold or oil, which often move differently from shares and are used to spread risk or hedge inflation, spread across its target market. It passively tracks the BBG Commodity Index index — mirroring that market instead of paying a manager to pick winners, which keeps costs low.

It is typically held as a diversifier — a slice that behaves differently from mainstream shares — rather than as a portfolio's main engine. Its ongoing charge (TER) is 0.19% a year — about €19 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in CHF.

Its price has swung about 17.7% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2011. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from UBS.)