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KMLM is benchmarked to the KFA MLM Index, which consists of a portfolio of twenty-two liquid futures contracts traded on U S and foreign exchanges The Index includes futures contracts on 11 commodities, 6 currencies, and 5 global bond markets
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The KraneShares Mount Lucas Managed Futures Index Strategy ETF (KMLM) is an exchange-traded fund that is based on the KFA MLM index The fund aims to track an index of long and short managed futures, based on a trend following methodology
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