Thanks
UCIB is a commodity-linked, ETN, which is different than an ETF as it takes on third party risk. Fees are 0.55%. We do not have any particular concerns with it, and for commodity exposure we think it would be OK. However, it is very small at $27M and we would not endorse it due to this point alone. CCOM is $118M, with fees of 0.52%. It takes a quantitative approach, focusing on agriculture, energy and metals. It does not have a long history, and YTD return is 2.62%, with a 2.82% indicated yield. It owns mostly commodity futures, which can be negatively correlated to other assets (most of the time). We would like to see a longer performance history, of course, but for more direct commodity exposure we would consider it decent enough.