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GB:ENCD Price & Analysis

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ENCD ETF Chart & Stats

ETF Overview

L&G Multi-Strategy Enhanced Commodities UCITS ETF USD

The L&G Multi-Strategy Enhanced Commodities UCITS ETF USD, trading under the ticker GB:ENCD, is a distinctive investment vehicle designed for those seeking diversified exposure within the expansive commodities market. As a Broad Market ETF, it offers investors a comprehensive approach to capitalizing on various commodity sectors, making it an ideal choice for those aiming to hedge against inflation or diversify their portfolios beyond traditional equities and fixed income. This ETF stands out by employing a multi-strategy approach, which strategically allocates assets across a wide array of commodities, including energy, metals, and agriculture. By doing so, it not only enhances potential returns but also mitigates risks associated with single commodity exposure. The fund's focus on a Broad Market category ensures that investors are not limited to a narrow segment, but rather have access to a broad spectrum of opportunities, capitalizing on both market upswings and downturns. Moreover, this ETF operates within the Extended Term niche, which is particularly advantageous for investors with a long-term horizon. This strategic positioning allows the fund to leverage long-term trends and cycles within the commodities market, aiming for sustained growth and value appreciation over time. The L&G Multi-Strategy Enhanced Commodities UCITS ETF USD is thus a compelling option for savvy investors looking to enhance their portfolios with a robust, strategically diversified commodity investment, backed by a sophisticated multi-strategy framework that adapts to the ever-evolving market dynamics.
Asset Class
Commodities
Region
Global
Issuer
L&G
Index Tracked
Barclays Backwardation Tilt Multi-Strategy Capped Index
Ticker Symbol
GB:ENCD

L&G Multi-Strategy Enhanced Commodities UCITS ETF USD (ENCD) Fund Flow Chart

L&G Multi-Strategy Enhanced Commodities UCITS ETF USD (ENCD) 1 year Net Flows: $41M

ENCD ETF FAQ

What was GB:ENCD’s price range in the past 12 months?
GB:ENCD lowest ETF price was $9.26 and its highest was $10.50 in the past 12 months.
    What is the AUM of GB:ENCD?
    As of Jan 29, 2025 The AUM of GB:ENCD is 40.57M.
      Is GB:ENCD overvalued?
      According to Wall Street analysts GB:ENCD’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does GB:ENCD pay dividends?
        GB:ENCD does not currently pay dividends.
        How many shares outstanding does GB:ENCD have?
        Currently, no data Available
        Which hedge fund is a major shareholder of GB:ENCD?
        Currently, no hedge funds are holding shares in GB:ENCD

        Top 10 Holdings

        Name
        Weight %
        USD_CASH
        U.S. Dollar
        100.32%
        USD_CASH
        DERIVATIVE SECURITIES (OTHER)
        -0.32%
        Total100.00%
        See All Holdings
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