DYNAMIC ACTIVE CROSSOVER BOND ETF UNITDYNAMIC ACTIVE CROSSOVER BOND ETF UNITDYNAMIC ACTIVE CROSSOVER BOND ETF UNIT

DYNAMIC ACTIVE CROSSOVER BOND ETF UNIT

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Key stats


Assets under management (AUM)
‪72.15 M‬CAD
Fund flows (1Y)
‪15.51 M‬CAD
Dividend yield (indicated)
5.53%
Discount/Premium to NAV
0.3%

About DYNAMIC ACTIVE CROSSOVER BOND ETF UNIT


Issuer
The Bank of Nova Scotia
Brand
Dynamic
Expense ratio
0.56%
Home page
Inception date
Jan 20, 2017
Index tracked
No Underlying Index
Management style
Active
The fund provides exposure to North American corporate debt securities of any maturity that are rated between BBB+ and BB-, obtained indirectly by investing primarily in the Dynamic Active Crossover Bond Fund. By investing close to the line dividing investment grade and high-yield credit, the fund takes advantage of the dynamics that tend to surround credit upgrades and downgrades. As an actively managed ETF, the portfolio managers can analyze market and financial data to make buy, sell, and hold decisions at their discretion. As such, the fund may use warrants and derivatives to hedge against losses, gain exposure to individual securities and markets, and/or generate income. The fund may also hold cash and cash equivalents.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of September 30, 2024
Exposure type
Bonds, Cash & Other
Corporate
Bonds, Cash & Other100.00%
Corporate92.22%
Cash5.29%
Government2.49%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows