iMGP DBi Managed Futures Strategy ETF (DBMF)
iMGP DBi Managed Futures Strategy ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Walnut Creek, CA, US. The stock last traded at $31.43, up 0.32% on the session, giving a market capitalisation of $1.66B. Its beta of 0.08 implies it has historically moved less than the broad market.
The fund utilizes a multi-pronged strategy to achieve its investment objectives. Primarily, it dedicates its assets to a managed futures investment approach. Furthermore, it may channel up to 20% of its total capital into a fully-owned offshore subsidiary. This entity, legally established in the Cayman Islands and guided by the Sub-Advisor, will consistently align with the fund's main investment goals and rules. Lastly, for managing cash flow and other operational requirements, the fund directly acquires specific debt securities. It is important to note that this fund is structured as a non-diversified investment.
iMGP DBi Managed Futures Strategy ETF is most often compared with the following Financial Services names: