tiprankstipranks

GB:ENCO Price & Analysis

Compare

ENCO ETF Chart & Stats

ETF Overview

L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD

The L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD, ticker GB:ENCO, is an innovative financial instrument designed to offer investors diversified exposure to the global commodities market. This ETF falls under the Broad Market category, with a specific focus on commodities, catering to those keen on exploring extended term opportunities in this dynamic sector. By employing a multi-strategy approach, the fund seeks to enhance returns while managing risk, providing a robust alternative for investors looking to capitalize on fluctuations in commodity prices. The ETF invests across a wide range of commodities, including energy, metals, and agriculture, offering a comprehensive market view that is both expansive and refined. The accumulation feature of the ETF means that any income generated is automatically reinvested, helping to compound growth over time. This makes it particularly appealing for investors with a long-term horizon who are interested in the potential for capital appreciation. In essence, the L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD provides a sophisticated, yet accessible, entry point into the commodities market, ideal for those seeking to diversify their portfolios with a forward-thinking investment solution.
Asset Class
Commodities
Region
Global
Issuer
L&G
Index Tracked
Barclays Backwardation Tilt Multi-Strategy Capped Index
Ticker Symbol
GB:ENCO

L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD (ENCO) Fund Flow Chart

L&G Multi-Strategy Enhanced Commodities UCITS ETF AccumUSD (ENCO) 1 year Net Flows: -$617M

ENCO ETF FAQ

What was GB:ENCO’s price range in the past 12 months?
GB:ENCO lowest ETF price was $12.83 and its highest was $14.92 in the past 12 months.
    What is the AUM of GB:ENCO?
    As of Jan 29, 2025 The AUM of GB:ENCO is 953.03M.
      Is GB:ENCO overvalued?
      According to Wall Street analysts GB:ENCO’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does GB:ENCO pay dividends?
        GB:ENCO does not currently pay dividends.
        How many shares outstanding does GB:ENCO have?
        Currently, no data Available
        Which hedge fund is a major shareholder of GB:ENCO?
        Currently, no hedge funds are holding shares in GB:ENCO

        Top 10 Holdings

        Name
        Weight %
        USD_CASH
        U.S. Dollar
        100.32%
        USD_CASH
        DERIVATIVE SECURITIES (OTHER)
        -0.32%
        Total100.00%
        See All Holdings
        Popular ETFs
        What am I Missing?
        Make informed decisions based on Top Analysts' activity
        Know what industry insiders are buying
        Get actionable alerts from top Wall Street Analysts
        Find out before anyone else which stock is going to shoot up
        Get powerful stock screeners & detailed portfolio analysis