abrdn ETFs - abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF
BCIM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1900 Market Street, Suite 200 Philadelphia PA United States of America 19103
- IPO Date
- Sep 24, 2021
- CIK
- 0001597934
- Similar Companies
- Business
- abrdn ETFs Advisors LLC serves as the sponsor and manager for a suite of exchange-traded funds focused on commodities, precious metals, and other alternative strategies, including the abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM), which provides exposure to futures contracts on aluminum, copper, nickel, and zinc via the Bloomberg Industrial Metals Total Return Subindex; the abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI) tracking broad commodity futures; and additional ETFs covering precious metals and thematic investments. The firm invests in fixed income securities such as short-term U.S. government and money market instruments for collateral, employs wholly-owned Cayman Islands subsidiaries for commodity derivatives, and co-manages certain funds with partners like Vident Investment Advisory, LLC. Operations target U.S. investors seeking diversified, K-1 free commodity exposure with low expense ratios around 0.40%, emphasizing liquidity and tax efficiency through representative sampling techniques. Headquartered in Philadelphia, Pennsylvania, with additional U.S. offices in New York and Boston, abrdn ETFs Advisors LLC functions as a wholly-owned subsidiary of Aberdeen Group plc (formerly abrdn plc), the Edinburgh, Scotland-based global asset manager founded in 1825 and listed on the London Stock Exchange. The firm distributes ETFs via Aberdeen Fund Distributors LLC and extends reach to institutional and retail clients across North America, leveraging the parent company's expertise in equities, fixed income, and multi-asset solutions. In recent developments, Aberdeen Group plc reverted its trading name from abrdn to aberdeen on March 4, 2025, and officially changed to Aberdeen Group plc on March 13, 2025, to eliminate branding distractions and refocus on client delivery. Aberdeen Investments announced the liquidation of the BCIM ETF in November 2025, ceasing creations on November 24, halting trading on December 3, and distributing proceeds by December 5 as part of a portfolio rationalization to prioritize higher-demand products. Concurrently, the firm expanded its active ETF offerings with launches including the abrdn Focused U.S. Small Cap Active ETF (AFSC) and abrdn Emerging Markets Dividend Active ETF (AGEM) in February 2025, alongside mutual fund conversions to ETFs such as abrdn Ultra Short Municipal Income Active ETF and further consolidations into AGEM in October 2025; it also pursued U.S. growth via a December 2025 agreement to acquire $2 billion in closed-end fund assets from MFS Investment Management.