The 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, and/or by investing directly in them, in securities of one or more investment funds, and/or through the use of derivatives. To achieve its objective, the ETF will invest, directly or indirectly, 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. The ETF may also invest in a broader range of fixed income securities.
The DXO ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.