ASTORIA REAL ASSETS ETF (7OH0)
XBER 
Summary
7OH0 Chart
S&P 500: Hot PPI Tests Stock Rebound as Tech Selling Pressures Nasdaq
Stocks steady as Dow gains offset AI weakness, while hot PPI keeps Fed risk in play and lower Treasury yields support gold's recovery.
Gold holding overnight gains above $4,100 even as US PPI rises 6.3% in September
After a solid overnight rally, rising inflation fears are limiting gold's recovery Thursday, as higher producer prices show that the growing threat is unlikely to abate anytime soon.The headline Producer Price Index (PPI) jumped 1.3% in September, following August's revised 0.5% increase, the U.S. Labor Department announced Thursday. The latest headline data was significantly hotter than expected, as economists had forecast a 0.6% increase.
Gold, silver prices tumble as hot PPI, oil shock lift yields - Kitco PM Report
Spot gold and silver prices are sharply lower in late-afternoon U.S. trading Thursday, as hotter wholesale inflation, a crude-oil surge and a jump in Treasury yields overwhelmed safe-haven demand tied to the U.S.-Iran war.
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ASTORIA REAL ASSETS ETF Profile
| XBER Exchange | US Country |
Overview
The fund operates as an actively managed exchange-traded fund (ETF) with a strategic focus on inflation-adaptable investments. It aims to capitalize on the increase in the rate of rising costs of goods and services by investing mainly in securities spread over multiple asset classes. Its investment strategy targets assets expected to offer benefits amidst inflationary pressures, thereby providing a specialized investment solution for those looking to hedge against inflation in their portfolios. The fund's management team actively selects investments with the potential for growth or stability in an environment characterized by rising inflation, leveraging their expertise to navigate the complex landscape of inflation-impacted assets. Although it is a non-diversified fund, its investment choices span various sectors and asset types, aiming to capture growth from inflationary trends without being confined to a single category of assets.
Products and Services
The fund offers a unique blend of investment in securities across different sectors and asset classes tailored to thrive in inflationary conditions. Their products and services include:
- Equity Securities - Focus on investing in the stocks of companies operating within sectors traditionally benefitting from inflation, such as energy, financials, industrials, and materials. These companies are believed to possess the ability to pass on higher costs to consumers or benefit from increased prices of goods and services, thereby potentially performing well during inflationary periods.
- Investments in Other ETFs - Part of the fund's strategy includes allocating investments to other ETFs. These ETFs may directly or indirectly target commodities or fixed income securities, expanding the fund's reach into assets that are often considered to be good hedges against inflation. Commodities, for instance, can provide a direct benefit from rising prices, while certain fixed income securities might offer inflation-protected returns.
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