Dynamic Active Investment Grade Floating Rate ETF - Distributing - CAD Stock

ETF

DXV

CA26801N1050

Market Closed - Toronto S.E. 01:45:04 2024-04-24 pm EDT 5-day change 1st Jan Change
19.59 CAD -0.76% Intraday chart for Dynamic  Active Investment Grade Floating Rate ETF - Distributing - CAD -0.66% +0.26%
Dynamic Chart

Investment objective

The ETF seeks to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds and through using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations. Exposure to these types of fixed income securities and derivatives will be obtained by investing primarily in Dynamic Active Investment Grade Floating Rate Fund, and/or by investing directly in them, in securities of one or more investment funds, and/or through the use of derivatives. To achieve its objective, the ETF will invest, directly or indirectly, primarily in Canadian investment grade corporate bonds while using interest rate derivatives to minimize interest rate risk and deliver a floating rate of income. The ETF may also invest in high yield securities as long as the weighted average credit rating of the ETF remains BBB- or above. For the purposes of determining whether securities qualify as investment grade or high yield and measuring the weighted average credit rating of the portfolio, unrated securities may be treated as equivalent to having a particular credit rating.
In partnership with
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Date Price Change Volume
24-04-24 19.59 -0.76% 4,806
24-04-23 19.74 +0.10% 4,325
24-04-22 19.72 0.00% 1,254
24-04-19 19.72 +0.25% 1,665
24-04-18 19.67 0.00% 1,572

Delayed Quote Toronto S.E.

Last update April 24, 2024 at 01:45 pm EDT

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Description

CA26801N1050
Total Expense Ratio 0.33%
Asset Class
Currency
Provider

Features and characteristics

Jurisdiction
Fund Structure
Date of creation
2018-03-27
Dividend Policy
Credit Rating
Geographical Focus

Distribution

Retail investor

AuM evolution ( 2024-03-27 )

AuM (EUR) 96 M€
AuM 1M 94 M€
AuM 3 months 88 M€
AuM 6 months 87 M€
AuM 12 months 88 M€