# L&G Longer Dated All Commodities UCITS ETF (CMFP)

**Page:** https://fundology.uk/fund/cmfp · ISIN IE00B4WPHX27

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, CMFP (L&G Longer Dated All Commodities UCITS ETF, ISIN IE00B4WPHX27) closed at £23.56 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the five years to 13/11/2026 its total return was +61.7%, or +26.2% after UK CPIH inflation.

## Summary

L&G Longer Dated All Commodities UCITS ETF is an exchange-traded fund (ETF) from L&G, launched in 2010. It tracks the Bloomberg Commodity Index 3 Month Forward Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **£23.56** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CMFP |
| ISIN | IE00B4WPHX27 |
| Also listed as | COMF (London Stock Exchange, US dollars), ETL2 (Xetra, euros) |
| Category | Gold & commodities |
| Type | ETF |
| Provider | L&G |
| Tracks | Bloomberg Commodity Index 3 Month Forward Index |
| Income | Accumulating |
| Ongoing charge | 0.30% a year (£30 per £10,000) |
| Fund size | £660m |
| Launched | 2010 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 15/03/2010 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +18.27% | +14.08% | income reinvested |
| 3 years | +30.56% | +17.95% | income reinvested |
| 5 years | +61.69% | +26.21% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of L&G Longer Dated All Commodities UCITS ETF in pounds (price, with income reinvested in the fund): 2022 +32.8%, 2023 −11.4%, 2024 +8.0%, 2025 +6.3%; 2026 to 13/11/2026 +20.8%. Returns of L&G Longer Dated All Commodities UCITS ETF in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: +32.5%; to 30/09/2025: +9.9%; to 30/09/2024: −6.9%; to 30/09/2023: −8.7%; to 30/09/2022: +41.8%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | +32.8% | +21.6% | Price |
| 2023 | -11.4% | -15.0% | Price |
| 2024 | +8.0% | +4.3% | Price |
| 2025 | +6.3% | +2.7% | Price |
| 2026 to 13/11/2026 | +20.8% | +17.0% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 14.14% | -9.21% |
| 3 years | 13.00% | -11.40% |
| 5 years | 14.84% | -23.28% |

## Largest fall

Volatility of L&G Longer Dated All Commodities UCITS ETF in pounds, annualised from weekly returns to 13/11/2026: 14.1% over 1 year, 13.0% over 3 years, 14.8% over 5 years. Largest fall in the price of L&G Longer Dated All Commodities UCITS ETF since November 2021, in pounds: −23.3% from 10/06/2022 to 06/09/2024. The lowest 12-month return of L&G Longer Dated All Commodities UCITS ETF in pounds (price, with income reinvested in the fund) since January 2021 was −20.4% (12 months to 09/06/2023); the highest was +69.1% (12 months to 20/05/2022). On 13/11/2026 the price of L&G Longer Dated All Commodities UCITS ETF was 7.1% below its highest weekly close since November 2021 (09/10/2026), in pounds.

## Charges compared with similar funds

Ongoing charge of L&G Longer Dated All Commodities UCITS ETF 0.30% a year. Compared on 14/11/2026, 103 of the 149 other gold and commodity funds charge more, 7 the same and 39 less (share classes counted once).

## Funds tracking the same index

2 funds track Bloomberg Commodity Index 3 Month Forward Index, this one included and share classes counted once; their ongoing charges range from 0.30% to 0.54% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| L&G Longer Dated All Commodities UCITS ETF (this fund) | 0.30% | +18.3% | +30.6% | +61.7% |
| WisdomTree Broad Commodities Longer Dated | 0.54% | +20.9% | +30.9% | +55.6% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.30%** per year (as of 10/11/2026)
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## Questions people ask

**What is the ongoing charge of CMFP?**

The ongoing charge of CMFP is 0.30% a year — about £30 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of L&G Longer Dated All Commodities UCITS ETF 0.30% a year. Compared on 14/11/2026, 103 of the 149 other gold and commodity funds charge more, 7 the same and 39 less (share classes counted once).

**What does CMFP track?**

CMFP tracks the Bloomberg Commodity Index 3 Month Forward Index.

**Is CMFP accumulating or distributing?**

CMFP is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of CMFP?**

The ISIN of CMFP is IE00B4WPHX27. An ISIN identifies one exact share class of a fund; CMFP is its ticker on the London Stock Exchange. The same share class is also listed as COMF (London Stock Exchange, US dollars) and ETL2 (Xetra, euros).

**What were CMFP’s returns in each of the last five years?**

Calendar-year returns of CMFP in pounds (price, with income reinvested in the fund): 2022 +32.8%, 2023 −11.4%, 2024 +8.0%, 2025 +6.3%; 2026 to 13/11/2026 +20.8%. Past performance is not a guide to future returns.

**How has CMFP done after inflation?**

Over the five years to 13/11/2026 CMFP’s total return was +61.7%, or +26.2% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at L&G](https://fundcentres.landg.com/en/uk/private-investors/fund-centre/ETF/Longer-Dated-All-Commodities/IE00B4WPHX27/)
- Links checked 12/10/2026.

---

We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments.

Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.
