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United States Commodity Index Fund, LP
USCI (United States Commodity Index Fund, LP) is an index Commodities ETF by United. With a 1.07% MER, it provides diversified exposure through 1 holdings.
USCI by United is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 1.07% MER reflects the costs of a more specialized management approach. It does not pay a significant distribution — returns are reinvested for capital growth.
As a US-listed ETF, it is typically held in an RRSP to minimize withholding tax on US dividends (Canada-US tax treaty).