Cabana Target Drawdown 13 ETF (TDSD)
Cabana Target Drawdown 13 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $22.43, down 0.11% on the session, giving a market capitalisation of $69.4M. Its beta of 0.71 implies it has historically moved less than the broad market.
This actively managed Exchange Traded Fund (ETF) is designed to pursue its investment objective with reduced volatility and diminished correlation to overall equity market performance. It achieves this by strategically allocating its assets among five core classes: equities, fixed income, real estate, currencies, and commodities. While the Sub-Adviser aims for a maximum drawdown of 13%, it is important to note that neither the fund nor its associated advisers provide any assurance or guarantee that this target will be maintained.
Cabana Target Drawdown 13 ETF is most often compared with the following Financial Services names: