Dynamic Active Discount Bond ETF (DXDB.TO)
20.83
+0.02
(+0.10%)
CAD |
TSX |
Jun 17, 16:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.40% | 0.07% | 509.45M | 9644.50 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 4.32% | 352.0% | 169.18M | Upgrade |
Basic Info
| Investment Strategy | |
| The fund seeks to provide interest income and the potential for some long-term capital growth by investing in an actively managed diversified portfolio of primarily Canadian investment grade corporate bonds with an overall weighted average price below that of DXDB’s benchmark, which consists of generally recognized Canadian corporate bond indices. The portfolio advisor follows a comprehensive top-down and bottom-up investment process, focusing on the risk/reward relationship of individual investments within a diversified portfolio. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Canadian Corporate Fixed Income |
| Category Index | Morningstar Can Corp Bd GR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | 1832 Asset Management L.P |
| Prospectus Benchmark Index | |
| ICE BofA 3-5 Can Corp TR CAD | 50.00% |
| ICE BofA 5-7 Can Corp TR CAD | 50.00% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 1.57 yrs |
Performance Versus Category
As of June 17, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of June 17, 2024.
Basic Info
| Investment Strategy | |
| The fund seeks to provide interest income and the potential for some long-term capital growth by investing in an actively managed diversified portfolio of primarily Canadian investment grade corporate bonds with an overall weighted average price below that of DXDB’s benchmark, which consists of generally recognized Canadian corporate bond indices. The portfolio advisor follows a comprehensive top-down and bottom-up investment process, focusing on the risk/reward relationship of individual investments within a diversified portfolio. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | Medium Quality/Moderate Sensitivity |
| Broad Asset Class | -- |
| Broad Category | Fixed Income |
| Category Name | Canadian Corporate Fixed Income |
| Category Index | Morningstar Can Corp Bd GR CAD |
| Global Category Name | Canada Fixed Income |
| YCharts Categorization | Canada Bond |
| YCharts Benchmark | Bloomberg Global Aggregate CAD (^BBGATRCAD) |
| Prospectus Objective | -- |
| Fund Owner Firm Name | 1832 Asset Management L.P |
| Prospectus Benchmark Index | |
| ICE BofA 3-5 Can Corp TR CAD | 50.00% |
| ICE BofA 5-7 Can Corp TR CAD | 50.00% |
| Broad Asset Class Benchmark Index | |
| ^BBGATRCADH | 100.0% |
| Manager Tenure | |
| Not Disclosed | 1.57 yrs |