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About Dynamic Active Discount Bond ETF Trust Units
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Inception date
Nov 8, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
1832 Asset Management LP
ISIN
CA26785J1049
The fund seeks to provide monthly distributions and some long-term capital appreciation by holding a diversified portfolio of primarily Canadian investment grade corporate bonds with a remaining term to maturity between 3 to 7 years. It attempts to build a portfolio with a weighted average price lower than its benchmark index. The fund adviser utilizes a top-down and bottom-up investment process that includes ESG considerations and focuses on risk/reward relationship. The fund may also hold government securities including muni bonds, US Treasurys, and TIPS. High-yield securities may also be included, provided that the portfolios weighted average credit rating is at least investment grade. The fund may allocate up to 49% of its assets in foreign securities and may invest in other funds to gain exposure. It may use warrants and derivatives such as options, forwards, futures, and swaps for hedging and non-hedging purposes. The fund may also engage in short-selling and enter into lending transactions, repurchase and reverse purchase transactions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate90.92%
Government8.40%
Cash0.68%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DXDB invests in bonds. The fund's major sectors are Corporate, with 90.92% stocks, and Government, with 8.40% of the basket. The assets are mostly located in the North America region.
DXDB top holdings are Canada Treasury Bonds 0.5% 01-DEC-2030 and Royal Bank of Canada 3.626% 10-DEC-2028, occupying 7.87% and 7.19% of the portfolio correspondingly.
DXDB last dividends amounted to 0.08 CAD. The month before, the issuer paid 0.08 CAD in dividends,
DXDB assets under management is 659.55 M CAD. It's risen 4.16% over the last month.
DXDB fund flows account for 103.45 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DXDB pays dividends to its holders with the dividend yield of 4.15%. The last dividend (Sep 29, 2025) amounted to 0.08 CAD. The dividends are paid monthly.
DXDB shares are issued by The Bank of Nova Scotia under the brand Dynamic. The ETF was launched on Nov 8, 2022, and its management style is Active.
DXDB expense ratio is 0.44% meaning you'd have to pay 0.44% of your investment to help manage the fund.
DXDB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DXDB invests in bonds.
DXDB price has risen by 1.07% over the last month, and its yearly performance shows a 1.69% increase. See more dynamics on DXDB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.47% over the last month, showed a 2.23% increase in three-month performance and has increased by 6.21% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.47% over the last month, showed a 2.23% increase in three-month performance and has increased by 6.21% in a year.
DXDB trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.