Bank of America Merrill Lynch has launched a long/short index commodity alpha UCITS fund.
Created by the investment bank’s global research team the MLCX Commodity Alpha Fund is a long/short market neutral strategy with low volatility and a high sharpe ratio.
Eric Personne from Bank of America Merrill Lynch
It is designed to provide an alternative commodity allocation according to the level of risk/return required.
The bank has also launched two long-only index products: MLCX Commodity Enhanced Beta Fund and the MLCX Agriculture Optimal Crop Fund. The commodity alpha and beta family of UCITS