Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM)
ARCA ARCA Primary Summary
HYRM Chart
Xtrackers Risk Managed USD High Yield Strategy ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| MM Michelle McCarthy Vantage Financial Partners LLC | 73,057 | $1.72M | $1.7M | -$17,473.34 | -1.02% |
Xtrackers Risk Managed USD High Yield Strategy ETF (HYRM) FAQ
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Xtrackers Risk Managed USD High Yield Strategy ETF Profile
| ARCA Exchange | US Country |
Overview
The described company operates within the financial market, specifically focusing on the U.S. dollar-denominated high yield corporate bond market. Its primary objective is to track the performance of this market under normal conditions, while also resorting to a safer USD cash position, accruing interest at the Effective Federal Funds Rate during adverse market conditions. The company is committed to investing at least 80% of its total assets in securities and other instruments of the index or in comparable investments. Despite its focused investment strategy, the company is classified as non-diversified, implying a concentrated investment approach in the high yield corporate bond market.
Products and Services
- U.S. Dollar-Denominated High Yield Corporate Bond Market Tracking
- USD Cash Position during Adverse Market Conditions
This product aims to mirror the performance of the U.S. dollar-denominated high yield corporate bond market. The company achieves this by investing a substantial portion of its assets in securities that are part of this market or have similar economic characteristics. This focus allows investors to gain exposure to the high yield sector, which can offer higher returns compared to investment-grade bonds, albeit at a higher risk.
As a risk management strategy, the company transitions to a US dollar cash position that accrues interest at the Effective Federal Funds Rate during periods of market volatility or downturns. This approach is designed to protect the investment from extreme market movements by taking a defensive position, thereby potentially reducing losses that might occur from holding onto high yield corporate bonds during such periods.
