IQAM Strategic Commodity Fund RT/  AT0000A04UL2  /

The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors. Up to 80 per cent of the fund assets are invested in euro-denominated government bonds, money market instruments and covered bonds as collateral for the derivatives. The minimum rating of the bonds is A. No less than 80 per cent of the investment has to be of a higher rating. Other derivatives are currently used exclusively to hedge exchange rate risks arising from foreign currencies.

The fund’s aim is to participate in the performance of the commodities asset class. This aim is currently being pursued with the help of swaps (derivatives facilitating the swapping of income payments between two parties) on the Rogers International Commodity Index (RICI) and the Spängler IQAM Invest Commodity Index. Equal weighting between the two indices is preferred. The two indices comprise a wide range of commodity sectors.