GLDB 0.00 Stock Price Strategy Shares Gold-Hedged Bond ETF
Range: | 19.27-26.5552 | Vol Avg: | 10110 | Last Div: | 0.77 | Changes: | -0.02 |
Beta: | 2.09 | Cap: | 0.01B | Currency: | USD | Exchange: | CBOE |
Sector: | Financial Services | IPO: | Tue May 18 2021 | Empoloyees: | |
CUSIP: | 86280R878 | CIK: | 0001506213 | ISIN: | US86280R8786 | Country: | US |
|
The index is designed to provide broad exposure to the U.S. dollar-denominated investment grade corporate bond sector while at the same time mitigating or "hedging" against U.S. dollar currency risk through the implementation of a gold inflation hedge. Under normal conditions, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) directly, or indirectly through total return swaps, in bonds. It is non-diversified.
The content provided on this site is for informational purposes only and does not constitute financial, investment, or professional advice. We are not registered investment advisors or financial planners, and we do not provide recommendations or advice on buying, selling, or holding any particular stocks or securities. Any investment decisions should be made based on your own research and consultation with a qualified financial professional. We are not responsible for any financial loss or damages incurred from reliance on the information provided on this site. Please invest responsibly and seek professional advice when needed.