Cabana Target Drawdown 16 ETF (TDSE)
Cabana Target Drawdown 16 ETF operates in the Asset Management industry of the Financial Services sector, headquartered in US. The stock last traded at $22.61, down 0.01% on the session, giving a market capitalisation of $45.9M. Its beta of 0.73 implies it has historically moved less than the broad market.
This actively managed exchange-traded fund (ETF) endeavors to meet its investment objectives by aiming for moderate volatility and diminished reliance on the overall performance of stock markets. It achieves this by strategically investing its capital across a diversified portfolio of five primary asset categories: equities, fixed income instruments, real estate, global currencies, and commodities. The Sub-Adviser has set a specific goal for the fund's maximum anticipated loss, targeting a drawdown of 16%; however, neither the fund, the Adviser, nor the Sub-Adviser can provide any assurance or guarantee that this target will be consistently maintained.
Cabana Target Drawdown 16 ETF is most often compared with the following Financial Services names: