FolioBeyond Rising Rates ETF (RISR)
About FolioBeyond Rising Rates ETF (RISR)
To pursue its objective, the Fund is an actively managed exchange-traded fund (ETF) that seeks to generate attractive current income while providing protection against rising interest rates (i.e., an interest rate hedge). The Fund invests primarily in interest-only mortgage-backed securities (MBS IOs) and U.S. Treasury bonds. Under normal circumstances, the Fund will invest at least 80 percent of its net assets (plus any borrowings for investment purposes) in income producing fixed income securities. Mortgage-backed securities (MBS) are fixed-income instruments that represent an interest in a pool of mortgages. Stripped MBS also represents interest in a pool of mortgages, the cash flow from which has been separated into interest and principal components. MBS IOs represent the interest portion of the MBS. To provide an interest rate hedge, the Fund seeks to achieve a general duration target of approximately negative three to negative ten years (the Duration Target Range).
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FolioBeyond Rising Rates ETF News
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Exchange Traded Funds (ETFs): Investors should carefully consider the information contained in the prospectus, which contains the Fund’s investment objectives, risks, charges, expenses, and other relevant information. You may obtain a prospectus from the Fund company’s website. Please read the prospectus carefully prior to investing.
Shares of ETFs must be bought and sold at market price, which can vary significantly from the Fund’s net asset value (NAV). Investment returns are subject to market volatility and shares may be worth more or less their original value when redeemed. The diversification of an ETF will not protect against loss. An ETF may not achieve its stated investment objective. Rebalancing and other activities within the fund may be subject to tax consequences.
Performance data quoted represents past performance. Past performance does not guarantee future results. Investment returns and principal value of an investment will fluctuate and when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the standardized performance data quoted. Select the Standardized Performance link for the latest quarterly performance.