PIT
VanEck Commodity Strategy ETF
PIT
VanEck Commodity Strategy ETF
-
NAV
$46.70
as of June 02, 2023 -
YTD RETURNS
-7.73%
as of June 02, 2023 -
Total Net Assets
$28.02M
as of June 02, 2023 -
Gross Expense Ratio
0.60% -
Net Expense Ratio
0.55% -
Inception Date
12/20/2022
Van Eck Absolute Return Advisers Corporation (the “Adviser”) will pay all expenses of the Fund, except for the fee payment under the investment management agreement, acquired fund fees and expenses, interest expense, offering costs, trading expenses, taxes and extraordinary expenses. Notwithstanding the foregoing, the Adviser has agreed to pay and/or reimburse the Fund for the offering costs and trading expenses that are net account or similar fees charged by futures commission merchants (“FCMs”) until at least February 1, 2024.
Fund Description
VanEck Commodity Strategy ETF (the “Fund”) seeks to provide long-term capital appreciation. The Fund invests primarily in exchange-traded commodity futures contracts across the energy, precious metals, industrial metals, agriculture and livestock sectors and seeks to maximize risk-adjusted returns.
Overview
Fund Highlights
- Actively managed exposure to a broad basket of commodity futures
- Considers risks, return and curve positioning to maximize expected risk adjusted returns
- Access to commodities without burdensome K-1 tax reporting
Bull Trap Alert: Low Breadth & Violent Rallies