Barclays Wealth seeks to boost commodity exposure

Commodity Select, available to 20 June, is a five-year investment linked to a diverse basket of commodities – including energy, agriculture, base and precious metals. Broadly based on the S&P GSCI index, Barclays Wealth will weight the range to reflect its views on each component of the asset class, with direct exposure given to corn, wheat and soybeans. Investors receive 115% of the performance of the basket with no cap on returns, which are paid gross. Capital will be repaid in full at maturity regardless of the performance of the basket, with returns subject to capital gains tax unless...