RAAA
Reckoner Yield Enhanced AAA CLO ETF
📎 Investment Objective
The Reckoner Leveraged AAA CLO ETF seeks to provide investment results that, before fees and expenses, correspond to a multiple of the performance of the Bloomberg Barclays US Securitized: AAA-Rated CLO Index.
Overview
ETF tracking Reckoner Yield Enhanced AAA CLO ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Reckoner Leveraged AAA CLO ETF seeks to provide investment results that, before fees and expenses, correspond to a multiple of the performance of the Bloomberg Barclays US Securitized: AAA-Rated CLO Index.
🎯 Investment Strategy
The ETF uses a leveraged investment strategy, aiming to provide a 2x or 3x multiple of the index's performance. It invests primarily in collateralized loan obligations (CLOs) and other securitized debt instruments that are rated AAA.
✨ Key Features
- Provides leveraged exposure to the AAA-rated CLO market
- Seeks to deliver 2x or 3x the performance of the underlying index
- Invests in a portfolio of highly-rated securitized debt instruments
- Expense ratio of 0.00%
⚠️ Primary Risks
- Leveraged investment strategy amplifies both gains and losses
- Exposure to the CLO market, which can be complex and illiquid
- Potential for volatility and risk of loss greater than the index
- Lack of long-term performance history to evaluate
👤 Best For
This ETF is best suited for experienced, risk-tolerant investors seeking leveraged exposure to the AAA-rated CLO market as part of a diversified portfolio. It may not be appropriate for investors with a low risk tolerance or a short investment horizon.