FXED

Sound Enhanced Fixed Income ETF

$18.14

+0.00%

Market closed. Last update: 11:36 PM ET

📎 Investment Objective

The FXED - Sound Enhanced Fixed Income ETF seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

Overview

ETF tracking Sound Enhanced Fixed Income ETF

Category Fixed Income

Issuer Other

Inception Date 2024-06-21

Market Cap $43.5M

Average Volume N/A

Dividend Yield 2.21%

52-Week Range $16.96 - $18.92

VWAP $18.11

Performance

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Investment Summary

📎 Investment Objective

The FXED - Sound Enhanced Fixed Income ETF seeks to provide current income and capital preservation by investing in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund aims to achieve its objective by investing primarily in investment-grade fixed-income securities, such as government bonds, corporate bonds, and mortgage-backed securities. The portfolio is actively managed to maintain a targeted duration and credit quality profile.

✨ Key Features

Diversified fixed-income portfolio focused on investment-grade securities
Active management to manage interest rate risk and credit quality
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of default by the issuers of the fixed-income securities
Liquidity risk: Some fixed-income securities may be difficult to sell, especially during times of market stress
Lack of performance history: With limited track record, it's difficult to evaluate the fund's long-term performance

👤 Best For

The FXED - Sound Enhanced Fixed Income ETF may be suitable for investors seeking current income and capital preservation through a diversified fixed-income portfolio. It may be appropriate as a core fixed-income holding or as a complement to a broader investment portfolio. However, due to the fund's limited performance history, investors should carefully consider their risk tolerance and investment time horizon before investing.