UBS BBG Commodity CMCI SF UCITS ETF hEUR acc

What this fund is

UBS BBG Commodity CMCI SF UCITS ETF hEUR acc is an exchange-traded fund (ETF) from UBS, traded under the ticker 0Y92 (ISIN IE00BYYLVJ24). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. 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 follows the BBG Commodity CMCI index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down.

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. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything. 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 EUR.

Its price has swung about 14.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2017. 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.)