Cabana Target Drawdown 5 ETF (TDSA)
Cabana Target Drawdown 5 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $20.47, down 0.02% on the session, giving a market capitalisation of $6.1M. Its beta of 0.37 implies it has historically moved less than the broad market.
This actively managed Exchange-Traded Fund (ETF) endeavors to meet its investment objective by achieving limited volatility and displaying a reduced correlation to the overall performance of equity markets. It accomplishes this through a strategic allocation of its capital across five primary asset classes: equities, fixed income securities, real estate, global currencies, and various commodities. Although the Sub-Adviser has established a 5% target drawdown for the fund, it is important to note that neither the fund, its Adviser, nor the Sub-Adviser provides any representation or guarantee that this specific target will consistently be maintained.
Cabana Target Drawdown 5 ETF is most often compared with the following Financial Services names: