Global X Interest Rate Hedge ETF
US37960A7845
Global X Interest Rate Hedge ETF/ US37960A7845 /
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
|