Global X Interest Rate Hedge ETF/  US37960A7845  /

Fonds
NAV2024-07-03 Chg.-0.4500 Type of yield Investment Focus Investment company
20.0900USD -2.19% paying dividend Special Type Worldwide Global X Management 

Investment strategy

The Global X Interest Rate Hedge ETF (RATE) is an actively-managed ETF designed to benefit when long-term interest rates increase. RATE seeks to achieve its investment objective primarily by investing in long interest rate swap options ("swaptions") and long positions in short term U.S. Treasury securities. The latter is mainly utilized for cash management purposes. RATE may invest in U.S. Treasury bills directly or through other ETFs. The Global X Interest Rate Hedge ETF (RATE) seeks to provide a hedge against sharp increases in long-term U.S. interest rates and is expected to benefit during periods of market stress when interest rate volatility is elevated.
 

Investment goal

The Global X Interest Rate Hedge ETF (RATE) is an actively-managed ETF designed to benefit when long-term interest rates increase. RATE seeks to achieve its investment objective primarily by investing in long interest rate swap options ("swaptions") and long positions in short term U.S. Treasury securities. The latter is mainly utilized for cash management purposes. RATE may invest in U.S. Treasury bills directly or through other ETFs.
 

Master data

Type of yield: paying dividend
Funds Category: Special Type
Region: Worldwide
Branch: ETF Special
Benchmark: -
Business year start: 12-01
Last Distribution: 2024-06-05
Depository bank: Brown Brothers Harriman & Co.
Fund domicile: United States of America
Distribution permission: -
Fund manager: -
Fund volume: -
Launch date: 2022-07-05
Investment focus: -

Conditions

Issue surcharge: 0.00%
Max. Administration Fee: -
Minimum investment: 1.00 USD
Deposit fees: -
Redemption charge: 0.00%
Key Investor Information: -
 

Investment company

Funds company: Global X Management
Address: 600 Lexington Ave, 20th Floor, 10022, New York
Country: United States of America
Internet: www.globalxfunds.com
 

Countries

Global
 
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