Key stats
About DYNAMIC ACTIVE CROSSOVER BOND ETF UNIT
Expense ratio
0.56%
Home page
Inception date
Jan 20, 2017
ISIN
CA26789J1003
The fund provides exposure to North American corporate debt securities of any maturity that are rated between BBB+ and BB-, obtained indirectly by investing primarily in the Dynamic Active Crossover Bond Fund. By investing close to the line dividing investment grade and high-yield credit, the fund takes advantage of the dynamics that tend to surround credit upgrades and downgrades. As an actively managed ETF, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion. As such, the fund may use warrants and derivatives to hedge against losses, gain exposure to individual securities and markets, and/or generate income. The fund may also hold cash and cash equivalents.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate94.24%
Cash5.36%
Government0.40%