Return Stacked Global Stocks & Bonds ETF (RSSB)
Return Stacked Global Stocks & Bonds ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $31.29, up 0.64% on the session, giving a market capitalisation of $362.3M. Its beta of 1.01 implies it has historically moved more than the broad market.
RSSB is actively managed to provide simultaneous exposure to equities and a US Treasury futures strategy. The fund seeks to reflect the overall global equity markets on a market cap-weighted basis by investing in global equity ETFs, other broad-based ETFs, individual equity securities, and equity index futures. Underlying ETFs generally comprise 75 to 80% of the fund's portfolio. The fund provides indirect exposure to the US Treasury market by investing in futures contracts on US Treasurys with 2 to 30 years to maturity, with a target duration of 2 to 8 years. The fund will frequently roll futures, causing a high portfolio turnover rate. RSSB uses leverage to stack total returns of its two strategies. It targets a 100% notional exposure to investments in each strategy or an aggregate notional exposure of 200%. The fund holds US T-bills and cash equivalents as collateral.
Return Stacked Global Stocks & Bonds ETF is most often compared with the following Financial Services names: