iShares (BlackRock Asset Management Deutschland) (EXXY) Diversified Commodity Swap UCITS ETF (DE)

iShares Diversified Commodity Swap UCITS ETF (DE) (hereinafter the “Fund”) is an exchange traded fund (ETF) that aims to track the performance of the Bloomberg CommoditySM (Total Return Index). In this regard, it aims to replicate the benchmark. The Index measures the performance of broadly diversified commodity markets representing energy, agriculture, industrial metals, precious metals and livestock sectors. The Index reflects the total return on a fully collateralised position in futures contracts on physical commodities. The Index rebalances annually and is weighted based on liquidity of the futures contracts and production of the underlying commodities, subject to capping restrictions to maintain diversification. The index is not mapped directly by acquiring forwards that are included in the index, but indirectly via one or several swap agreements. This swaps the entire performance of stocks from a basket of stocks held by the Fund with the performance of the underlying index, so that, in economic terms, as a rule the performance of the underlying index is mapped. The following assets may be acquired: securities (equities and fixed-interest securities), money market instruments, bank deposits and derivatives.

• Leverage -
• Currency hedgingNo

• Value Assessment review date31 March 2025
• Value Assessment next review date -
• Is Assessment of Value required under COLL?No
• Outcome of COLL Assessment of Value -
• Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
• Other review related to value and or charges -
• Further information-