Key stats
About DYNAMIC ACTIVE CANADIAN BOND ETF UNIT
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Inception date
Oct 24, 2023
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Primary advisor
1832 Asset Management LP
The fund provides diversified exposure to Canadian bond markets. The portfolio consists of Canadian investment grade fixed income securities issued by federal or provincial governments and corporations. The fund employs a disciplined approach to manage risk in response to movements in the level of bond yields and the shape of the yield curve. The adviser actively manages the portfolio’s duration and yield curve exposure based on fundamental and technical analysis of debt markets. In addition, the adviser adjusts sector weightings and performs independent corporate credit quality assessment to optimize the fund’s risk/return profile. The fund aims for an overall weighted average credit rating of A or better, as rated by S&P or the equivalent by another major North American credit rating agency. The adviser may also employ hedging strategies to generate positive returns and/or protect the portfolio against currency fluctuations, interest rate changes, and credit risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Government
Bonds, Cash & Other100.00%
Corporate66.58%
Government32.45%
Cash1.00%
Miscellaneous−0.04%
Stock breakdown by region
North America99.30%
Europe0.70%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DXBC invests in bonds. The fund's major sectors are Corporate, with 66.58% stocks, and Government, with 32.45% of the basket. The assets are mostly located in the North America region.
DXBC top holdings are Canada Housing Trust No. 1 4.25% 15-MAR-2034 and Province of Ontario 2.05% 02-JUN-2030, occupying 20.71% and 4.88% of the portfolio correspondingly.
DXBC last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends, which shows a 3.39% decrease.
DXBC assets under management is 66.85 M CAD. It's risen 0.40% over the last month.
DXBC fund flows account for 40.75 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, DXBC pays dividends to its holders with the dividend yield of 3.27%. The last dividend (May 30, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
DXBC shares are issued by The Bank of Nova Scotia under the brand Dynamic. The ETF was launched on Oct 24, 2023, and its management style is Active.
DXBC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DXBC invests in bonds.
DXBC price has fallen by −0.92% over the last month, and its yearly performance shows a 4.30% increase. See more dynamics on DXBC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.04% over the last month, showed a −0.98% decrease in three-month performance and has increased by 8.19% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.04% over the last month, showed a −0.98% decrease in three-month performance and has increased by 8.19% in a year.
DXBC trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.