UBS CMCI Commodity Carry SF UCITS ETF USD acc

What this fund is

UBS CMCI Commodity Carry SF UCITS ETF USD acc is an exchange-traded fund (ETF) from UBS, traded under the ticker CCUA (ISIN IE00BKFB6L02). 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 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 0.34% a year — about €34 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 USD. Its price has swung about 29.9% over the past year — a gauge of how much the value moves, not a judgement of quality.

It launched in 2020. 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.)