Dynamic Active Crossover Bond ETF
Overview
The investment objective of the Fund is to provide interest income and the potential for some long-term capital growth. The fund 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, andor by investing directly in them, in securities of one or more investment funds, andor through the use of derivatives. To achieve its objective, the Fund 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 Fund may also invest in a broader range of fixed income securities.