Dynamic Active Investment Grade Floating Rate ETF

NAVPS

NAVPS:

$19.70

Change

-$0.01 (-0.05%)

As at 10-03-2023
Loading...
Loading...

Dynamic Active Investment Grade Floating Rate ETF

Compare to:

Inception Return
(03-23-2018)

2.35%

YTD Return

4.17%

NAVPS
(10-03-2023)

$19.70
-$0.01 (-0.05%)

MER

0.33%

Assets ($mil)

-

1 Yr Return

5.84%

Registered Plan Eligible

Yes

Load

No Load

CIFSC Category

Cdn Short Term Fixed Inc

Share Class

Do-It-Yourself

Fund Codes

Fund Details

Classification

Exchange Traded Fund

Legal Status

Trust

Sales Status

Open

Currency

CAD

Start Date

March 23, 2018

Distribution Frequency

Monthly

Investment Objectives

DXV 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 directly in them, in securities of one or more Other Funds, and/or through the use of derivatives.

Investment Strategy

To achieve its objective, DXV will invest primarily in Canadian investment grade corporate bonds while using interest rate derivatives to minimize interest rate risk and deliver a floating rate of income. DXV may also invest in high yield securities as long as the weighted average credit rating of DXV remains BBB- or above.

Portfolio Manager

Marc-André Gaudreau
03-28-2018

Jeremy Lucas
07-13-2020

Roger Rouleau
07-13-2020

Investment Minimums

RSP Eligible

Yes

PAC Allowed

No

PAC Initial Investment

-

PAC Subsequent

-

SWP Allowed

No

SWP Min Balance

-

SWP Min Withdrawal

-

Fees

MER

0.33%

Management Fee

0.30%

FE Max

-

DSC Max

-

LL Max

-

Trailer Fee Max (FEE)

-

Trailer Fee Max (DSC)

-

Trailer Fee Max (NL)

0.00%

Trailer Fee Max (LL)

-

Management and Organization

Fund Manager

1832 Asset Management L.P.

Advisor

1832 Asset Management L.P.

Custodian

State Street Trust Company Canada

Registrar

State Street Trust Company Canada

Distributor

-

Auditor

PriceWaterhouseCoopers LLP

As at August 31, 2023

Inception Return
(03-23-2018)

2.35%

YTD Return

4.17%

NAVPS (10-03-2023)

$19.70
$0.01 / -0.05%

Best Month

1.91%

Worst Month

-2.45%

Loading...
Loading...
Loading...
Loading...