# iM RBA Responsible Global Allocation ETF (IRBA): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/irba for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: — · Inception: 2022-02-01 The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its total assets in affiliated and unaffiliated ETFs and other exchange-traded products (“ETPs”) (collectively, “Underlying Vehicles”) that satisfy the ESG characteristics and that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, currencies, cash and cash equivalents. ## Key Facts | Metric | Value | |---|---| | Price | $9.40 | | Expense Ratio | 0.69% | | Assets Under Management | $7.3M | | NAV | $9.41 | | Holdings Count | 14 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | Annual | | 52-Week Range | $8.51 – $9.74 | | Beta | 0.66 | ## Latest Distribution - Amount: $0.2234 /share - Ex-date: 2023-12-27 - Pay date: 2023-12-29 ## Frequently Asked Questions ### What does IRBA invest in? The investment seeks long-term capital appreciation. Under normal market conditions, the fund invests at least 80% of its total assets in affiliated and unaffiliated ETFs and other exchange-traded products (“ETPs”) (collectively, “Underlying Vehicles”) that satisfy the ESG characteristics and that provide exposure to various investment asset classes, including equity and fixed income securities, real estate, commodities, currencies, cash and cash equivalents. ### What is the expense ratio of IRBA? iM RBA Responsible Global Allocation ETF (IRBA) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is IRBA? iM RBA Responsible Global Allocation ETF (IRBA) manages $7.3M 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 IRBA actively managed or an index fund? IRBA's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was IRBA launched? iM RBA Responsible Global Allocation ETF (IRBA) launched in February 2022 and is managed by the fund issuer. ### How has IRBA performed? IRBA'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. ### Does IRBA pay a dividend? iM RBA Responsible Global Allocation ETF (IRBA) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does IRBA pay dividends? iM RBA Responsible Global Allocation ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is IRBA's dividend yield? IRBA's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is IRBA's next ex-dividend date? The most recently announced ex-dividend date for IRBA was 2023-12-27. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will IRBA's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.69% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IRBA charge its expense ratio? The expense ratio is deducted in tiny daily slices from IRBA's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IRBA cost more than a fund like VOO? IRBA's strategy (current expense ratio 0.69%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where IRBA sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to IRBA? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IRBA (0.69%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/irba - Distribution history: https://www.dividenddata.com/funds/irba/dividend - Holdings & diversification: https://www.dividenddata.com/funds/irba/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/irba/expenses - Peer comparison: https://www.dividenddata.com/funds/irba/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.