CI Global Asset Management (“CI GAM”) today launched three new investment options – two ESG-focused mandates offering both mutual fund and ETF series, and a commodity-focused liquid alternative ETF.
The CI Auspice Broad Commodity ETF (“CCOM”) seeks to replicate the performance of the Auspice Broad Commodity Excess Return Index (the “Index”) by investing in financial instruments, including futures contracts and derivatives. The Index uses a quantitative methodology to track a diversified portfolio of commodity futures contracts, or components, across three sectors: agriculture, energy and metals.
“This ETF launch is especially timely, given that commodities are benefiting from supply constraints combined with heightened demand driven in part by infrastructure spending and the transition to a greener and more sustainable society,” Mr. Ferreira said. “As a result, exposure to commodities holds the potential to add inflation protection to investors’ portfolios.