Dynamic Active Crossover Bond ETF
(DXO:TSX)

Close

$21.14

Change

$0.00 (0.00%)

Open

$21.25

Day High

$21.26

Day Low

$21.14

Volume

1,320

As at 08-12-2020
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Dynamic Active Crossover Bond ETF

Compare to:

Inception Return
(01-25-2017)

5.09%

Assets ($mil)

$30

NAVPS
(08-12-2020)

$21.10
-$0.03 (-0.16%)

MER

0.56%

YTD Return

1.43%

1 Yr Return

4.29%

52 Week Low

$17.50

52 Week High

$21.28

Annual Dividend

$0.82

Annual Yield

-

Index

-

Shares Outstanding

-

Registered Plan Eligible

Yes

CIFSC Category

High Yield Fixed Income

Share Class

Do-It-Yourself

Fund Details

Classification

Exchange Traded Fund

Legal Status

Trust

Sales Status

Open

Currency

CAD

Start Date

January 25, 2017

Distribution Frequency

Monthly

Investment Objectives

Dynamic iShares Active Crossover Bond ETF seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and high-yield credit. Exposure to these types of fixed income securities will be obtained by investing primarily in Dynamic Active Crossover Bond Fund (the "Dynamic ACB Fund").

Investment Strategy

To achieve its objective, DXO will invest primarily in fixed income corporate securities from North America that are close to the line dividing investment grade and high-yield credit in order to take advantage of market dynamics that tend to surround upgrades to investment grade and downgrades from investment grade. These include securities rated between BBB+ and BB- by nationally recognized credit agencies. DXO may also invest in a broader range of fixed income securities.

Fees

MER

0.56%

Management Fee

0.56%

ETF Characteristics

Exposure

1x performance

Asset Class High

-

Asset Class Medium

-

Asset Class Low

-

Leveraged

-

Inverse

-

Advisor Series

-

Covered Call Strategy

No

Management and Organization

Fund Manager

BlackRock Institutional Trust Company, N.A., BlackRock Asset Management Canada Limited

Advisor

BlackRock Asset Management Canada Limited

Custodian

State Street Trust Company Canada

Registrar

State Street Trust Company Canada

Distributor

-

Auditor

PriceWaterhouseCoopers LLP

As at July 31, 2020

Inception Return
(01-25-2017)

5.09%

YTD Return

1.43%

NAVPS (08-12-2020)

$21.10

Best Month

3.57%

Worst Month

-9.89%

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