First Asset Enhanced Short Duration Bond ETF (U.S. Dollars)
Actively managed by Marret Asset Management Inc., the First Asset Enhanced Short Duration Bond ETF (the "Fund") aims to provide positive absolute returns over any twelve month period with very low volatility and attractive monthly distributions, regardless of the interest rate or credit environment. The Fund will primarily focus on U.S. and Canadian corporate bonds, utilizing government bond futures to target an overall portfolio duration of less than 2 years. Additionally, the Fund will utilize government debt or futures to hedge the interest rate risk of its corporate debt in order to isolate the credit risk of such holdings.
The indicated rates of return are the historical annual compounded total returns, including changes in unit value and do not take into account sales, redemption or optional charges or income taxes payable by a security holder that would have reduced returns.
Rating Summary (%)
|As at 29 Sep, 2017|