RSBA

Return Stacked Bonds & Merger Arbitrage ETF

$21.50
+0.00%
Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The RSBA ETF seeks to provide exposure to a combination of fixed income and merger arbitrage strategies, aiming to generate income and capital appreciation.

Overview

ETF tracking Return Stacked Bonds & Merger Arbitrage ETF

Issuer Other
Inception Date 2024-12-18
Market Cap $19.4M
Average Volume N/A
Dividend Yield 0.01%
52-Week Range $19.80 - $21.64
VWAP $21.53

Performance

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Investment Summary

📎 Investment Objective

The RSBA ETF seeks to provide exposure to a combination of fixed income and merger arbitrage strategies, aiming to generate income and capital appreciation.

🎯 Investment Strategy

The fund invests in a portfolio of bonds and engages in merger arbitrage, which involves taking long and short positions in companies involved in announced mergers and acquisitions. The goal is to capture the spread between the current market price and the expected acquisition price.

✨ Key Features

  • Diversified fixed income exposure through bonds
  • Merger arbitrage strategy to potentially generate additional returns
  • Low expense ratio of 0.00%
  • Limited performance history as the fund is new

⚠️ Primary Risks

  • Interest rate risk as bond prices may fluctuate with changes in interest rates
  • Credit risk if the underlying bond issuers default
  • Merger arbitrage risk if announced deals fail to close as expected
  • Liquidity risk due to the fund's small asset size

👤 Best For

The RSBA ETF may be suitable for investors seeking a diversified fixed income allocation with the potential for additional returns from merger arbitrage. However, the fund's limited track record means it may be more appropriate for experienced investors willing to accept higher risk in pursuit of potential returns.