NYSE ARCA | ETF
The adviser seeks to achieve the fund"s investment objective by investing in high yield bonds also known as "junk bonds" primarily by purchasing exchange traded funds and applying a credit hedge derivatives strategy to the fund"s investments.
Under normal circumstances, the fund will invest at least 80% of its net assets in high yield securities.
The fund may invest up to 20% of its portfolio in derivatives.
Top 1 Holdings
Asset | Name | Sector | Industry | Weight |
---|---|---|---|---|
HYG | iShares Trust - iShares iBoxx $ High Yield Corporate Bond ETF | -60.69% |