iMGP DBi Managed Futures Strategy ETF (DBMF)
XDUS 
Summary
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iMGP DBi Managed Futures Strategy ETF (DBMF) FAQ
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iMGP DBi Managed Futures Strategy ETF Profile
| XDUS Exchange | US Country |
Overview
The fund is designed for investors seeking to achieve their investment objective through a combination of strategies that include managed futures, investing in a wholly-owned subsidiary in the Cayman Islands, and direct investment in select debt instruments. Primarily focused on a managed futures strategy, the fund allocates a portion of its assets to its subsidiary for further investment accordance with the fund's goals, while also employing direct debt instrument investments for cash management and other purposes. Notably, it operates as a non-diversified fund, implying a concentration of investments that can lead to greater volatility or risk.
Products and Services
- Managed Futures Strategy
At its core, the fund invests its assets following a managed futures strategy. This approach involves speculating on the future prices of financial instruments and physical commodities, with the aim of generating profits from the changes in these prices. It is a sophisticated investment strategy that may include leveraging, thus it carries a higher level of risk, potentially leading to substantial returns or losses.
- Investment in Wholly-Owned Subsidiary
Up to 20% of the fund's total assets are allocated to its wholly-owned subsidiary, established under the laws of the Cayman Islands. This subsidiary adheres to the same investment objective and policies as the fund and is advised by the Sub-Advisor. This structure allows the fund to engage in investment activities and strategies that may not be wholly permissible directly in certain jurisdictions, thereby potentially enhancing the fund's ability to meet its investment objectives.
- Direct Investment in Select Debt Instruments
Aside from its main strategies, the fund also directly invests in select debt instruments. This facet of the fund's strategy serves both cash management and other operational purposes. Direct investment in debt instruments can provide a stable income stream to the fund, contributing to its overall performance and providing a counterbalance to the more volatile elements of its investment portfolio.
