LGIM adds Energy Transition Commodities ETF to fund range

18 commodities

Legal and General Investment Management has expanded its ETF range with the launch of the Energy Transition Commodities UCITS ETF.

The fund offers liquid and diversified exposure to a combination of commodities at the core of the energy transition, including transition metals, transition energy sources and carbon pricing. LGIM's Crossley: Hybrid property model could become 'blueprint' for illiquid open-ended funds Alongside an allocation to carbon markets, the fund offers access to 18 liquid commodities, with metals "most critical" to the energy transition receiving a 2x tilt weight. Index weights will be adjusted based on contract liquidity and ETF AUM, with futures contracts "aiming to select the optimal par...