PortView
abrdn ETFs - abrdn Bloomberg Industrial Metals Strategy K-1 Free (BCIM) ETF Holdings & Analysis
ETFOther
What BCIM does
BCIM functions as a passively managed, collateral-backed investment focusing on commodities. This fund generally aims to replicate the performance of an index that comprises futures contracts for four essential industrial metals: copper, aluminum, zinc, and nickel. These metal futures are combined with collateral holdings, with the objective of improving overall returns. The underlying index incorporates futures agreements that have maturities ranging from one to three months, and these are systematically rolled over on a fixed timetable. During its annual rebalancing process, the weighting of these futures positions is adjusted based on market liquidity and production data, all while adhering to established diversification guidelines. To manage its exposure to commodities, the fund utilizes a fully-owned subsidiary situated in the Cayman Islands, a common organizational structure within the commodity ETF sector. Furthermore, the fund's cash collaterals are primarily allocated to 3-month U.S. Treasury bills, with their returns determined by the highest rate achieved in the most recent weekly auction. BCIM is the latest addition to the abrdn K-1 Free ETF trust, following the earlier launches of BCI and BCD.
Fund profile
Top holdings
| Holding | Weight | |
|---|---|---|
| TREASURY BILL 03/22 0.00000 | 39.30% | |
| COPPER FUTURE DEC21 XCEC 20211229 | 16.80% | |
| LME PRI ALUM FUTR JAN22 XLME 20220117 | 13.37% | |
| US DOLLAR | 9.58% | |
| LME ZINC FUTURE JAN22 XLME 20220117 | 7.82% | |
| LME NICKEL FUTURE JAN22 XLME 20220117 | 5.89% | |
| LME PRI ALUM FUTR NOV21 XLME 20211115 | 3.38% | |
| LME ZINC FUTURE NOV21 XLME 20211115 | 1.88% | |
| LME NICKEL FUTURE NOV21 XLME 20211115 | 1.53% | |
| AIM GOVERNMENT AGENCY AIM GOVY AND AGENCY FD ASTITGA | 0.44% |
Sector allocation
| Cash & Others | 100.00% |
Geographic allocation
| Other | — |
PortView Portfolio Insights
PortView analyzes how BCIM fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.
Analyze BCIM in PortView →Related securities
Related stocks
Frequently asked questions
- What does BCIM track?
- BCIM is the abrdn ETFs - abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF, a Other ETF.
- What is the expense ratio of BCIM?
- Expense ratio data for BCIM is shown on the page when available from our data provider.
- What are the largest holdings in BCIM?
- Top holdings include TREASURY BILL 03/22 0.00000, 1HGZ1, MALF22, US DOLLAR, MZNF22.
- How can PortView analyze BCIM overlap with other ETFs?
- PortView computes the holdings overlap between BCIM and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.
The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.