The Commodity Returns Strategy Portfolio
Data updated: 2021-02-26
C000086272 — The Commodity Returns Strategy Portfolio. Commodity · $13.58M AUM · 0.51% expense ratio. Holdings, fees, performance and SEC filings.
C000086272 Fund Overview
The Commodity Returns Strategy Portfolio is a US mutual fund managed by Hc Capital Trust, categorised as Commodity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Hc Capital Trust
- Category: Commodity
- Assets under management: $13.58M
- 1-year return: -9.7%
- SEC CIK: 0000934563
- SEC series ID: S000028206
- Share class ID: C000086272
C000086272 Investment Objective and Strategy
The Commodity Returns Strategy Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Hc Capital Trust.
Investment objective
The investment objective of The Commodity Returns Strategy Portfolio is to provide capital appreciation.
Principal investment strategy
Under normal circumstances, the Portfolio seeks to achieve its objective by investing primarily in a diversified portfolio of commodity-related investments including securities issued by companies in commodity-related industries, commodity-linked structured notes (derivative debt instruments with principal and/or coupon payments linked to the performance of commodity indices) and other similar derivative instruments, investment vehicles that invest in commodities and commodity-related instruments. Securities of companies in commodities-related industries may include common stocks, depositary receipts, preferred securities, rights to subscribe for or purchase any such securities, warrants, convertible securities and other equity and commodity-linked securities issued by such companies. For this purpose, commodities are assets that have tangible properties, such as oil, metal and agricultural products.
Commodity-related industries include, but are not limited to: (i) those directly engaged in the production of commodities, such as minerals, metals, agricultural commodities, chemicals, pulp and paper, building materials, oil and gas, other energy or natural resources, and (ii) companies that provide services to commodity producers. The Portfolio considers a company to be in a commodity-related industry if, as determined by the relevant Specialist Manager, at least 50% of the companys assets, revenues or net income are derived from, or related to, such activities. The Portfolio will invest more than 25% of its assets in securities issued by companies in commodity-related industries. The Portfolio may invest without limitation in foreign securities, including securities issued by companies in emerging markets.
The Portfolio may also use currency forwards in connection with the purchase and sale of securities denominated in foreign currencies and to hedge against fluctuations in the relative value of the currencies in which securities held by the Portfolio are denominated. The Portfolio may invest in securities issued by other investment companies, including ETFs, that invest in commodity-related investments. The Portfolio also intends to gain exposure to commodity markets by investing a portion of its assets in two wholly-owned subsidiaries organized under the laws of the Cayman Islands (the Subsidiaries). The Subsidiaries may invest without limitation in commodity-linked derivative instruments, such as swaps, futures and options. The Portfolio may invest in commodity swap, interest rate swap, variance swap and total return swap agreements and the Portfolio maintains liquid assets sufficient to cover the full notional value of any such swap positions.
The Subsidiaries may also invest in debt securities, some of which are intended to serve as margin or collateral for the Subsidiaries derivatives positions, and other investment vehicles that invest in commodities and commodity-related instruments. The Subsidiaries are managed by the same Specialist Managers that advise the Portfolio. The Portfolio may invest in equity and fixed income securities and may invest in companies of any market capitalization. Additionally, a portion of the Portfolio may be managed using a passive investment approach designed to approximate as closely as practicable, before expenses, the performance of either the Portfolios benchmark index or, from time to time, one or more identifiable subsets or other portions of that index. The Portfolio is authorized to operate on a multi-manager basis.
This means that the Portfolio may be managed by more than one Specialist Manager. The multi-manager structure is generally designed to provide investors access to broadly diversified investment styles. The Trust seeks to engage skilled Specialist Managers to provide a broad exposure to the relevant asset class and returns in excess of the Portfolios benchmark over time.
C000086272 Performance
Total returns for C000086272 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -9.7% |
C000086272 Risk Information
Risk metrics for C000086272, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 37.7%
C000086272 Costs and Fees
C000086272 costs about $51 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.51%
- Gross expense ratio: 0.51%
- Portfolio turnover: 2%
- Brokerage commissions: 7.02 bps of average net assets (SEC N-CEN)
C000086272 Cashflows
Over the 12 months to 2020-12, The Commodity Returns Strategy Portfolio had net inflows of $78.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2020-12 | $10.25K |
| 2020-11 | $44.28K |
| 2020-10 | $561.39K |
| 2020-09 | $783.28K |
| 2020-08 | $176.47K |
| 2020-07 | $2.36M |
C000086272 Debt Constituents
No individual debt constituents are reported in The Commodity Returns Strategy Portfolio's latest SEC N-PORT filing.
C000086272 Prospectus and SEC Filings
Official The Commodity Returns Strategy Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-10-28
- Prospectus (485BPOS) — filed 2019-11-08
- Prospectus supplement (497) — filed 2020-05-13
- Portfolio holdings (N-PORT) — filed 2021-02-26
- Portfolio holdings (N-PORT) — filed 2020-11-20
- Portfolio holdings (N-PORT) — filed 2020-08-26
- Annual census (N-CEN) — filed 2020-09-11
- Annual census (N-CEN) — filed 2019-09-11
Related Funds
Other Commodity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.