Day Hagan has listed a new ETF on the NYSE Arca today — the Day Hagan Smart Buffer ETF (DHSB). The actively managed fund offers exposure to U.S. equity markets while aiming to mitigate downside risk and provide upside potential.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Cynthia Schlanger Ashton Thomas Private Wealth, LLC | 597,794 | $12.89M | $12.75M | -$136,428.64 | -1.06% |
| ARCA Exchange | US Country |
The fund operates as a "fund of funds," primarily focusing on investing in unaffiliated fixed income exchange traded funds (ETFs) that encompass various fixed income categories. Its investment strategy under normal market conditions is designed to meet its investment goals by majorly allocating its assets in fixed income securities, either directly or indirectly through its investments in the underlying ETFs. In adherence to its investment strategy, the fund commits at least 80% of its net assets (plus any borrowings for investment objectives) to fixed income securities or other instruments that mirror the economic characteristics of such securities. Notably, the fund adopts a non-diversified investment approach.
The fund specializes in investing predominantly in unaffiliated fixed income ETFs. These ETFs invest across various segments of the fixed income market, allowing the fund to indirectly gain exposure to a wide range of debt instruments. This approach facilitates a comprehensive coverage of the fixed income domain, targeting both income generation and capital preservation within the framework of fixed income investments.
Adhering to its core investment strategy, at least 80% of the fund’s net assets, in addition to any borrowings for investment purposes, are invested in fixed income securities or equivalent instruments. These may include but are not limited to, government and corporate bonds, municipal bonds, and other debt instruments. Through this investment conduit, the fund aims to harness the benefits of fixed income securities, such as predictable income and reduced volatility, compared to more aggressive investment categories.