# UBS CMCI Ex-Agriculture SF UCITS ETF Accum USD (CXAP)

**Source:** https://fundology.uk/fund/cxap · ISIN IE00BZ2GV965 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## 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 05/10/2026, CXAP (UBS CMCI Ex-Agriculture SF UCITS ETF Accum USD, ISIN IE00BZ2GV965) closed at £237.40 on the London Stock Exchange. Its ongoing charge is 0.34% a year (about £34 on £10,000). Over the five years to 05/10/2026 its total return was +82.0%, or +42.2% after UK CPIH inflation.

## Summary

UBS CMCI Ex-Agriculture SF UCITS ETF Accum USD is an exchange-traded fund (ETF) from UBS, launched in 2016. It tracks the UBS Bloomberg CMCI Ex-Agriculture Ex-Livestock Capped Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.34% a year — about £34 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: **£237.40** (05/10/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | CXAP |
| ISIN | IE00BZ2GV965 |
| Category | Gold & commodities |
| Type | ETF |
| Provider | UBS |
| Tracks | UBS Bloomberg CMCI Ex-Agriculture Ex-Livestock Capped Index |
| Income | Accumulating |
| Ongoing charge | 0.34% a year (£34 per £10,000) |
| Fund size | £79.1m |
| Launched | 2016 |
| Domicile | Ireland |

## Past returns (periods to 05/10/2026)

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

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +37.73% | +33.41% | income reinvested |
| 3 years | +47.38% | +32.99% | income reinvested |
| 5 years | +81.96% | +42.25% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of UBS CMCI Ex-Agriculture SF UCITS ETF Accum USD 0.34% a year, as of 03/10/2026: 89 of the 137 other gold and commodity funds charge more, 3 the same and 45 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.34%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Questions people ask

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

The ongoing charge of CXAP is 0.34% a year — about £34 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 UBS CMCI Ex-Agriculture SF UCITS ETF Accum USD 0.34% a year, as of 03/10/2026: 89 of the 137 other gold and commodity funds charge more, 3 the same and 45 less (share classes counted once).

**What does CXAP track?**

CXAP tracks the UBS Bloomberg CMCI Ex-Agriculture Ex-Livestock Capped Index.

**Is CXAP accumulating or distributing?**

CXAP 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 CXAP?**

The ISIN of CXAP is IE00BZ2GV965. An ISIN identifies one exact share class of a fund; CXAP is its ticker on the London Stock Exchange.

**How has CXAP done after inflation?**

Over the five years to 05/10/2026 CXAP’s total return was +82.0%, or +42.2% after UK CPIH inflation. Past performance is not a guide to future returns.

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