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About CORTON ENHANCED INCOME FUND UNITS ETF(POST REV SPLT)
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Inception date
Sep 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Primary advisor
Corton Capital, Inc.
The fund primarily invests in European and US floating rate collateralized loan obligations (CLOs) with an AAA credit rating. It may include CLOs of any maturity purchased from both primary and secondary markets. To construct the portfolio, the adviser utilizes a bottom up approach to determine if a security is an attractive investment opportunity. While targeting AAA-rated CLOs, the fund may also include securities with an AA or A credit rating. The fund may invest up to 20% of its net assets in cash, cash equivalents, and/or other floating rate debt instruments, including other exchange-traded funds. The fund will seek to hedge its non-Canadian dollar currency exposure at all times, may invest in derivatives for hedging and non-hedging purposes, and may enter into repurchase transactions and reverse repurchase transactions as permitted by securities regulations.
Classification
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