About Aberdeen Standard Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD)

The Aberdeen Standard Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) is an exchange-traded fund that offers investors exposure to a diversified basket of commodities. This ETF aims to provide long-term capital growth by investing in futures contracts and other derivative instruments tied to various commodities, including energy, metals, and agriculture commodities. BCD is designed to track the performance of the Bloomberg All Commodity Longer Dated Strategy K-1 Free Index, which is composed of 79 different commodity futures contracts. By investing in BCD, investors can gain exposure to a broad range of commodity markets without the need for a futures trading account or the physical delivery of commodities.

One key feature of BCD is that it is a K-1 Free ETF. This means that investors do not receive a Schedule K-1 tax form, which is commonly associated with partnerships and can be complicated to report on tax returns. Instead, BCD issues a standard Form 1099, making it easier for investors to report their taxable income. This can be particularly beneficial for investors who want exposure to commodities but do not want the added complexity of dealing with partnership tax documents.