SGI Enhanced Core ETFSGI Enhanced Core ETFSGI Enhanced Core ETF

SGI Enhanced Core ETF

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Key stats


Assets under management (AUM)
‪165.83 M‬USD
Fund flows (1Y)
‪162.86 M‬USD
Dividend yield (indicated)
2.34%
Discount/Premium to NAV
−0.2%

About SGI Enhanced Core ETF


Issuer
Summit Global LLC
Brand
Summit Global Investments
Expense ratio
0.98%
Home page
Inception date
Feb 29, 2024
Index tracked
No Underlying Index
Management style
Active
USDX aims for income and enhanced yield by actively managing a broad portfolio of short-term fixed-income instruments, while employing an options strategy. The fund invests in short-term money market instruments and mutual funds or fixed-income and other debt-related instruments perceived to be of higher yield and quality. The fund also employs a put-and-call options strategy that selects deep out-of-the-money strike prices to the value of the S&P 500 Index or other broad benchmark indices that expire within 1-7 days. Through this strategy, the fund targets enhanced yield compared to traditional option-based strategies by selling short-term options, which typically generate more income than longer-term options over the same period. As such, this limits participation in potential gains if shares increase in value. The fund may hold short-term US Treasurys as collateral. USDX is not a money market fund and does not seek to maintain a fixed or stable NAV.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Ultra-short term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Cash
Bonds, Cash & Other100.00%
Mutual fund71.58%
Cash28.47%
Rights & Warrants−0.05%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
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Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.