iMGP DBi Managed Futures Strategy ETF

Frequently Asked Questions About DBMF

What does DBMF invest in?

The fund seeks to achieve its objective by: (i) investing its assets pursuant to a managed futures strategy; (ii) allocating up to 20% of its total assets in its wholly-owned subsidiary, which is organized under the laws of the Cayman Islands, is advised by the Sub-Advisor, and will comply with the fund's investment objective and investment policies; and (iii) investing directly in select debt instruments for cash management and other purposes. It is non-diversified.

What is the expense ratio of DBMF?

iMGP DBi Managed Futures Strategy ETF (DBMF) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.

How big is DBMF?

iMGP DBi Managed Futures Strategy ETF (DBMF) manages $1.89B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is DBMF actively managed or an index fund?

DBMF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was DBMF launched?

iMGP DBi Managed Futures Strategy ETF (DBMF) launched in May 2019 and is managed by iM.

How has DBMF performed?

DBMF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.