I assume it contains the slightest bit because
- when you use it by hand, it changes the surface to 800 grit and leaves a matte finish.
- when you use it with a spinner and press hard, it can and usually does leave the lightest of shines. If you don't press so hard, well, ... if you press lightly, you generally get a matte finish.
I don't know for sure. Maybe Kevin Valentino will post. He knows for sure.
FYI It's an excellent product. One of the few products that is always right next to my spinner, not just sitting on the shelf.
--------------------
"None are so blind as those who will not see."