PMAA

Indexed Global Energy and Metals Fund

The Indexed Global Energy & Metals Fund is a unit-linked fund that gives you the opportunity to gain exposure to commodity returns.

(Formerly known as Global Commodities Fund)

Main features

  • Assets include: Precious Metals, Industrial metals, Energy.
  • Fund is priced in Euro but the bulk of the commodities are transacted in US$ and as such a currency risk arises for a euro investor.
  • Risk rating: 6

Who should invest in the fund?

  • This fund is designed to appeal to investors who are comfortable with a high level of risk and who wish to include some additional diversification within their portfolio.
  • Appeals to investors with a medium to long-term investment horizon.

Find out if this fund is available for your product choice (PDF - 278 KB)

How it works

The fund objective is to provide investors with exposure to the performance of commodity returns. The fund currently achieves this by investing in the S&P GSCI ENERGY & METALS CAPPED COMPONENT 35/20 UCITS ETF.

This is an Exchange Traded Fund (ETF) managed by BNP Paribas. Zurich Life reserves the right to replace this ETF with another fund at any stage.

BNP Paribas aims to replicate the performance of the S&P GSCI Energy & Metals Capped Component 35/20 Total Return Index indirectly using derivative instruments.

The Index covers the energy and metals commodity sectors including oil, gas, industrial metals and precious metals. The ETF is priced in euro. However, the vast bulk of commodities are denominated and transacted in US$, and therefore a currency risk arises for a euro investor.

Note: Prior to 14/12/2015 the fund provided exposure to Energy, Metals, Agriculture and Livestock.

BNP Paribas does not guarantee that the S&P GSCI ENERGY & METALS CAPPED COMPONENT 35/20 UCITS ETF will always exactly mirror the index due to, amongst other things, the time lag and costs of reflecting changes in the index.

BNP Paribas Investment Partners Luxembourg is authorised and regulated by the Commission de Surveillance du Secteur Financier.

 

 

 

Asset Split**

Annualised Performance (%)*

*Notes: Annual management charges (AMC) apply. The fund performance shown is before the full AMC is applied on your policy.

Returns are based on offer/offer performance and do not represent the return achieved by individual policies linked to the fund.

The fund price/performance shown is for the Pension / Gross of Tax Funds category.

*Source: Zurich Life

**Note: Asset Splits are updated monthly.

Why Zurich Life?

At Zurich Life, we believe that the macro economic environment is the key driver for investment market themes. We are business cycle investors, and our portfolios are constructed to take advantage of investment opportunities over all parts of the economic cycle.

Our investment managers closely co-operate to make decisions across assets, markets and sectors, taking a 'top-down' approach to identify trends and to bring the best investment opportunities to our clients.

It's widely accepted that long-term investment returns within an investor's portfolio are driven by asset allocation. Asset allocation decisions have become increasing complex over the years, due to a changing economic landscape and market volatility. At Zurich Life, we have a reputation for making the right investment decisions at the right time.

Warning: Past performance is not a reliable guide to future performance.
Warning: Benefits may be affected by changes in currency exchange rates.
Warning: The value of your investment may go down as well as up.
Warning: If you invest in these funds you may lose some or all of the money you invest.

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