iMGP DBi Managed Futures Strategy ETF

Frequently Asked Questions About DBMF

What does DBMF invest in?

The fund utilizes a multi-pronged strategy to achieve its investment objectives. Primarily, it dedicates its assets to a managed futures investment approach. Furthermore, it may channel up to 20% of its total capital into a fully-owned offshore subsidiary. This entity, legally established in the Cayman Islands and guided by the Sub-Advisor, will consistently align with the fund's main investment goals and rules. Lastly, for managing cash flow and other operational requirements, the fund directly acquires specific debt securities. It is important to note that this fund is structured as a non-diversified investment.

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 $4.18B 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 IMGP.

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.