Key stats
About WAVEFRONT ALL WEATHER ALTERNATIVE UNIT ETF
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Inception date
Jan 15, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Arrow Capital Management, Inc.
The fund is actively managed and seeks long-term capital appreciation through diversified investments in global asset classes. It utilizes a variety of instruments, including exchange-traded securities, futures, options, ETFs, debts, and derivatives. Up to 50% of assets may be allocated to a global diversified investment fund. The fund aims to reduce volatility and risk through diversification and a risk-parity approach. Security selection within these classes is guided by value, carry, momentum, and factor investing strategies. Global macro strategies also influence security selection and primarily dictate tactical shifts from baseline risk-parity exposures.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
WAAV assets under management is 1.42 M CAD. It's risen 42.18% over the last month.
WAAV fund flows account for 406.79 K 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.
Yes, WAAV pays dividends to its holders with the dividend yield of 0.99%. The last dividend (Apr 15, 2025) amounted to 0.05 CAD. The dividends are paid quarterly.
WAAV shares are issued by Arrow Capital Management LLC under the brand WaveFront. The ETF was launched on Jan 15, 2025, and its management style is Active.
WAAV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
WAAV trades at a premium (0.60%) meaning the ETF is trading at a higher price than the calculated NAV.