Ocean Park High Income ETF

Frequently Asked Questions About DUKH

What does DUKH invest in?

DUKH invests in unaffiliated high-yield fixed income ETFs using a proprietary trend-following strategy. The underlying ETFs, which could be passively or actively managed, may invest in government and corporate high-yield bonds of any maturity from around the world. The fund expects to allocate nearly all its assets to these ETFs. In selecting investments, the fund adviser determines buy and sell signals by calculating the upper and lower bands of the short-term exponential moving averages. A buy signal is initiated when a potential uptrend in a candidate ETF is detected. To limit drawdowns of the overall fund, an ETF is sold when a sell signal is identified. In the absence of uptrends, the fund may reinvest in US Treasury ETFs and/or cash equivalents. It applies the same trend-following strategy for Treasury ETFs. The fund is not limited by any constraints on the number or type of underlying ETFs it may invest in. The adviser periodically reviews and adjusts the allocation of the fund.

What is the expense ratio of DUKH?

Ocean Park High Income ETF (DUKH) charges an expense ratio of 2.24%. This is the annual fee deducted from fund assets to cover management and operations.

What is DUKH's dividend yield?

DUKH's trailing-twelve-month yield is 5.64%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of DUKH?

Effective duration measures DUKH's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DUKH's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DUKH?

DUKH's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DUKH?

Yield to maturity (YTM) is the total return you'd earn from DUKH if every bond in the portfolio is held to maturity at the current price. DUKH's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.