ETF profile for Return Stacked Bonds & Merger Arbitrage ETF (RSBA) from the issuer: top holdings, net assets, expense ratio and shares outstanding.
RSBA ETF Profile
| Family: |
Return Stacked |
| Name: |
Return Stacked Bonds & Merger Arbitrage ETF |
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| Inception Date: |
17-Dec-2024 |
| Termination Date: |
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| Investment Objective: |
The Fund is an exchange-traded fund that employs a hybrid management approach to achieve its investment objective by investing in two complementary strategies: an actively managed Bond strategy and a passively managed Merger Arbitrage strategy. The Fund uses leverage to "stack" the total return of holdings in the Fund's Bond strategy together with the potential returns of the Fund's Merger Arbitrage strategy. Essentially, one dollar invested in the Fund provides approximately one dollar of exposure to the Fund's Bond strategy and approximately one dollar of exposure to the Fund's Merger Arbitrage strategy. So, the return of the Merger Arbitrage strategy is essentially stacked on top of the returns of the Bond strategy. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in (a) the Bond strategy and (b) the Merger Arbitrage strategy. Bond strategy: The Fund will invest in U.S. Treasury securities, U.S. Treasury ETFs, and/or futures contracts on U.S. Treasury securities. Merger Arbitrage strategy: The Fund will invest in U.S. equity securities with both long and short exposures. The Fund may either invest directly in U.S. equity securities or access them via derivative contracts (i.e., via options and swaps). |
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| Prospectus |
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| Top 10 Holdings |
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Top 10 Holdings Weight: |
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| Number of Holdings: |
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| Shares Outstanding: |
2,600,000 |
| Total Net Assets: |
53,040,000 |
| NAV: |
20.40 |
| Net Expense Ratio: |
1.01% |
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| Asset Class: |
Target Date / Multi-Asset |
| Developed or Emerging: |
Developed Market Funds |
| Country: |
US |
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| Leverage Direction/Factor: |
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| Is Currency Hedged: |
No |
| US or Ex-US: |
Domestic |
