Key stats
About BETAPRO EQL WGT CDN BK 2X DAI BEAR ETF SHS
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Inception date
Sep 13, 2022
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Global X Investments Canada, Inc.
The fund provides a way for traders to speculate aggressively on negative sentiment towards Canadas six largest banks: National Bank of Canada, Royal Bank of Canada, Bank of Montreal, Toronto Dominion Bank, Bank of Nova Scotia, and Canadian Imperial Bank of Commerce. The underlying index provides concentrated, equally-weighted leveraged inverse exposure that resets daily. Traders holding shares of the ETF for longer than a day should not anticipate the same performance return as the index. The product is designed for short-term traders.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash126.65%
Miscellaneous−26.65%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ATMD assets under management is 1.72 M CAD. It's fallen 8.13% over the last month.
ATMD fund flows account for −1.60 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, ATMD doesn't pay dividends to its holders.
ATMD shares are issued by Mirae Asset Global Investments Co., Ltd. under the brand BetaPro. The ETF was launched on Sep 13, 2022, and its management style is Passive.
ATMD expense ratio is 3.32% meaning you'd have to pay 3.32% of your investment to help manage the fund.
ATMD follows the Solactive Equal Weight Canada Banks Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ATMD invests in cash.
ATMD price has fallen by −12.51% over the last month, and its yearly performance shows a −40.37% decrease. See more dynamics on ATMD price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.81% over the last month, showed a −20.72% decrease in three-month performance and has decreased by −39.24% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −8.81% over the last month, showed a −20.72% decrease in three-month performance and has decreased by −39.24% in a year.
ATMD trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.