Commodities are the staples of everyday life and continue to make headlines, fueled by ongoing geopolitical conflicts and inflationary pressures. Additionally, commodities are at the center of many asset allocation discussions due to their low correlation with other asset classes.

Please join Bob Minter of abrdn and Jim Wiederhold of Bloomberg for a CE webinar as they discuss the importance of index methodology when it comes to commodity investing. They will also discuss current market events, their impact on the commodity asset class and where broad commodities can fit within a diversified portfolio.

Main topics of the lesson:

● The importance of index methodology when it comes to commodity investing.

● How current events are affecting the broad commodity asset class.

● Where broad commodities can fit within a diversified investment portfolio.

CFP, CIMA®, CPWA®, CIMC®, RMA® and AEP® CE credits have been applied for and are awaiting approval.

Sponsored by

Robert Minter, CFA, CMT, CAIA
Director of ETF Investment Strategy
abrdn

Jim Wiederhold
Product Manager, Commodity Indices
Bloomberg

Dan Magnusson – Moderator
Sr. Director of Exchange Traded Funds
abrdn

An investor should carefully consider the investment objectives, risks, fees and expenses of the Funds before investing. To obtain a prospectus containing this and other important information, call 844-ETFs-BUY (844-383-7289) or visit www.abrdn.com/usa/etf. Read the prospectus carefully before investing.

Fund Risk: There are risks associated with investing, including possible loss of principal. Commodities are generally volatile and not suitable for all investors. There can be no assurance that the Fund's investment objective will be met at any time. Commodity markets and prices of various commodities can fluctuate widely based on a variety of factors. Because performance is linked to the performance of highly volatile commodities, investors should consider purchasing shares of the Fund only as part of an overall diversified portfolio and should be willing to assume the risks of potentially significant fluctuations in the value of the Fund.

The Fund uses a “passive management” – or indexing – investment approach designed to track the performance of the Index. The Fund will generally seek to hold interests similar to those included in the Index and will seek exposure to many of the commodities included in the Index under the same futures schedule as the Index. The Fund will also hold short-term fixed income securities, which may be used as collateral for the Fund's commodity futures holdings or to generate interest income and capital appreciation on cash balances that flow from the use of futures contracts (thereby ensuring a “total return” on the investment in the underlying commodity).

By holding futures, options and options on futures contracts, the Fund may be exposed to (i) losses on margin deposits in the event of the bankruptcy of the relevant broker and (ii) the risk that the relevant position cannot be closed out when required to its fundamental value. In pursuing its investment strategy, particularly when futures contracts, the Fund may engage in frequent trading of its portfolio of securities, resulting in a high portfolio turnover rate.

As a “non-diversified” fund, the Fund may hold a smaller number of portfolio securities than many other funds. To the extent that the Fund invests in a relatively small number of issuers, a decline in the market value of a particular security held by the Fund may affect its value more than if it invested in a larger number of issuers . The value of the shares may be more volatile than the values ​​of the shares of more diversified funds.

During situations where the cost of any futures contract for delivery at later dates in the future is higher than that of delivery closer in time, the value of the Fund holding such contracts will decrease over time, unless when the spot price of that contract increases at the same rate as the rate of change in the price of the futures contract. The rate of change can be quite significant and last for an indefinite period of time, reducing the value of the fund.

Changes in the laws of the United States and/or the Cayman Islands under which the Fund and the Subsidiary are organized, respectively, could result in the Subsidiary's inability to operate as intended and could adversely affect the Fund and its shareholders.

To the extent that a Fund is directly or indirectly exposed to leverage (through investments in commodity futures contracts), the value of that Fund may be more volatile than if there were no leverage.

To qualify for the favorable U.S. federal income tax treatment afforded to a regulated investment company (“RIC”), the Fund must derive at least 90% of its gross income in any year taxable from certain income categories (“qualifying income”) and must meet certain asset diversification requirements. Some of the Fund's investments will not generate income that is qualified income. The Fund intends to hold such commodity-linked investments indirectly, through the Subsidiary. The Fund believes that income from the New Venture will be qualifying income because it expects the New Venture to make annual distributions of its earnings and profits. However, there can be no assurance in this regard, as the Fund has not sought or obtained an opinion of counsel confirming that the operations of the Affiliate and the resulting distributions would produce qualified income for the Fund. If the Fund failed to meet the qualifying income test or asset diversification requirements and would not qualify as a RIC, it would be taxed in the same manner as a regular corporation and distributions to its shareholders would not be deductible from The fund in calculating its taxable income.

Investors buy and sell shares in a secondary market (ie not directly from the Trusts). Only market makers or “authorized participants” may trade directly with the Trusts, typically in blocks of 25,000 to 100,000 shares.

Bloomberg®, Bloomberg Commodity ReturnSM Total, Bloomberg Commodity Index 3-Month Prior Return TotalSM and Bloomberg Industrial Metals Subindex Total ReturnSM are service marks of Bloomberg Finance LP and its affiliates, including Bloomberg Index Services Limited (“BISL”), indices (together , “Bloomberg”) and are licensed for use for certain purposes by abrdn ETFs Advisors LLC. Bloomberg is not affiliated with abrdn ETFs Advisors LLC and Bloomberg does not endorse, approve, review or recommend abrdn Bloomberg All Commodity Strategy K-1 Free ETF, abrdn Bloomberg All Commodity Strategy K-1 Free ETF and abrdn Me Industritals K-1 Free ETF . Bloomberg does not guarantee the timeliness, accuracy or completeness of any data or information related to Bloomberg Commodity Index Total Return SM, Bloomberg Commodity Index 3-Month Forward Total Return SM and Bloomberg Industrial Total Return SM Sub-Index Metals.

ALPS Distributors, Inc. is the distributor for abrdn ETFs. ALPS is not affiliated with abrdn.

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