American Beacon Ionic Inflation Protection ETF (CPII)
American Beacon Ionic Inflation Protection ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Irving, TX, US. The stock last traded at $18.87, down 0.08% on the session, giving a market capitalisation of $11.3M. Its beta of -0.56 implies it has historically moved less than the broad market.
The American Beacon Ionic Inflation Protection ETF (CPII) is an actively managed exchange-traded fund designed to protect against inflation. It achieves this by investing in a portfolio that includes inflation swaps, options on U.S. interest rates (known as swaptions), and a range of U.S. Treasury Securities, prominently including Treasury Inflation-Protected Securities (TIPS). Under normal market conditions, up to 30% of the fund's net assets may be allocated to inflation swaps and swaptions to further its investment aim. It is classified as a non-diversified fund.
American Beacon Ionic Inflation Protection ETF is most often compared with the following Financial Services names: