SUNWX — AIG Commodity Strategy Fund
Data updated: 2021-06-29
SUNWX — AIG Commodity Strategy Fund. Commodity · $28.39M AUM · 2.37% expense ratio · 47.3% 1-yr return. Holdings, fees, performance and SEC filings.
SUNWX Fund Overview
SUNWX — AIG Commodity Strategy Fund is a US mutual fund managed by SunAmerica Specialty Series, 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: SunAmerica Specialty Series
- Category: Commodity
- Assets under management: $28.39M
- 1-year return: 47.3%
- Ticker: SUNWX
- SEC CIK: 0001274768
- SEC series ID: S000023304
- Share class ID: C000068149
SUNWX Investment Objective and Strategy
AIG Commodity Strategy Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by SunAmerica Specialty Series.
Investment objective
"The AIG Commodity Strategy Fund (the ""Fund"") seeks to achieve long-term total return."
Principal investment strategy
"The Fund's subadviser, Wellington Management Company LLP (the ""Subadviser"" or ""Wellington Management""), seeks to provide long-term total return through a strategy that is designed to provide diversified exposure to the commodities markets. Approximately two-thirds ( 2 / 3 ) of the Fund's assets will be managed pursuant to an active strategy designed to outperform the Bloomberg Commodity Index (the ""Index"") (the ""Active Sleeve"") and approximately one-third ( 1 / 3 ) of the Fund's assets will be managed pursuant to an index strategy designed to track, before fees and expenses, the performance of the Index (the ""Index Sleeve""). The Fund seeks to achieve its investment goal by investing its assets in a combination of commodity-linked derivative instruments and fixed income securities.
The Fund's overall performance is not expected to correlate to the specific returns of any particular index. The commodity-linked derivative instruments in which the Fund intends to invest include commodity futures, swaps, options and options on futures. These investments provide exposure to the returns of real assets that trade in the commodities markets without direct investment in physical commodities. Real assets include, but are not limited to, such things as industrial and precious metals, gas, oil, livestock, agricultural or meat products and other items. The Fund will not invest directly in commodities. The Fund primarily gains exposure to the commodities markets by investing through the Subsidiary (as described below). The Fund may also seek commodity exposure through investments in exchange-traded funds (""ETFs"").
Assets of the Fund not invested in commodity-linked derivative instruments, including through the Subsidiary, will primarily be invested in U.S. Government securities and repurchase agreements. The primary purpose of the fixed income investments held by the Fund is to serve as collateral for the derivative instruments; however, these instruments may also earn income for the Fund. The Fund's return is expected to be derived principally from changes in the value of the assets underlying the commodity-linked derivative instruments and ETFs. Investments in the Wholly-Owned Subsidiary. The Fund primarily gains exposure to the commodities markets through investments in a wholly-owned subsidiary of the Fund organized under the laws of the Cayman Islands. The Subsidiary invests in a combination of the commodity-linked derivative instruments and fixed income securities described above.
The primary purpose of the fixed income investments held by the Subsidiary is to serve as collateral for the derivative instruments; however, these instruments may also earn income for the Subsidiary. The Subsidiary is managed by SunAmerica and advised by Wellington Management, and has the same investment goal as the Fund. The Fund may invest up to 25% of its total assets in the Subsidiary. Investment in the Subsidiary is expected to provide the Fund with commodity exposure within the limitations of the federal tax requirements that apply to the Fund. The principal investment strategies and principal investment techniques of the Fund may be changed without shareholder approval."
SUNWX Performance
Total returns for SUNWX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 47.3% |
SUNWX Risk Information
Risk metrics for SUNWX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.6%
SUNWX Costs and Fees
SUNWX costs about $237 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.37%
- Gross expense ratio: 5.88%
- Portfolio turnover: 1%
- Brokerage commissions: 7.22 bps of average net assets (SEC N-CEN)
SUNWX Cashflows
Over the 12 months to 2021-04, AIG Commodity Strategy Fund had net outflows of $2.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | −$511.12K |
| 2021-03 | −$450.82K |
| 2021-02 | −$220.46K |
| 2021-01 | −$1.46M |
| 2020-12 | −$454.60K |
| 2020-11 | −$76.66K |
SUNWX Debt Constituents
No individual debt constituents are reported in AIG Commodity Strategy Fund's latest SEC N-PORT filing.
SUNWX Prospectus and SEC Filings
Official AIG Commodity Strategy Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-02-26
- Prospectus (485BPOS) — filed 2020-03-11
- Prospectus (485BPOS) — filed 2019-03-11
- Portfolio holdings (N-PORT) — filed 2021-06-29
- Portfolio holdings (N-PORT) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2020-12-22
- Annual census (N-CEN) — filed 2021-01-14
- Annual census (N-CEN) — filed 2020-01-13
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.