Bank of America Merrill Lynch this week announced the launch of a basket of commodity-focused UCITS funds, the latest additions to BAML’s INVEST platform, widely regarded as one of the
Bank of America Merrill Lynch this week announced the launch of a basket of commodity-focused UCITS funds, the latest additions to BAML’s INVEST platform, widely regarded as one of the industry’s leading fully integrated UCITS-supported platforms. The three Commodity Alpha and Beta funds are: The MLCX Commodity Enhanced Beta Fund; the MLCX Agriculture Optimal Crop Fund and the MLCX Commodity Alpha Fund. Only the latter will use a L/S market neutral strategy to generate alpha, with the other two using a long only exposure to the commodities markets. All will track underlying indices developed by BAML Global Research. Investors will therefore be able to choose between the funds depending on the risk/return and degree of beta or alpha they’re looking to generate in their portfolios. The funds are Lux-domiciled and currently available to institutional and retail investors in Luxembourg, the UK, Ireland, Spain, Italy, Germany, Austria and Sweden.
