Imgp Dbi Managed Etf Profile
| DBMF Etf | USD 27.25 0.12 0.44% |
Performance0 of 100
| Odds Of DistressLess than 9
|
IMGP DBi is trading at 27.25 as of the 24th of November 2024. This is a 0.44 percent increase since the beginning of the trading day. The etf's lowest day price was 27.18. IMGP DBi has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for iMGP DBi Managed are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
The fund seeks to achieve its objective by investing its assets pursuant to a managed futures strategy allocating up to 20 percent of its total assets in its wholly-owned subsidiary, which is organized under the laws of the Cayman Islands, is advised by the Sub-Advisor, and will comply with the funds investment objective and investment policies and investing directly in select debt instruments for cash management and other purposes. More on iMGP DBi Managed
Moving against IMGP Etf
| 0.75 | JPM | JPMorgan Chase Fiscal Year End 10th of January 2025 | PairCorr |
| 0.73 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
| 0.69 | CTA | Simplify Exchange Traded | PairCorr |
| 0.61 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
| 0.54 | DIS | Walt Disney | PairCorr |
| 0.53 | SHLD | Global X Funds | PairCorr |
IMGP Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Absolute Returns ETFs, Long/short ETFs, Systematic Trend, iM Global Partner Fund Management (View all Sectors) |
| Issuer | iM Global Partner |
| Inception Date | 2019-05-07 |
| Entity Type | Regulated Investment Company |
| Asset Type | Multi Asset |
| Category | Absolute Returns |
| Focus | Long/Short |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | iM Global Partner Fund Management, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Andrew Beer, Mathias Mamou-Mani |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 30.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.95 |
| Management Fee | 0.85 |
| Country Name | USA |
| Returns Y T D | 8.23 |
| Name | iMGP DBi Managed Futures Strategy ETF |
| Currency Code | USD |
| Open Figi | BBG00P35J7V9 |
| In Threey Volatility | 14.05 |
| 1y Volatility | 12.54 |
| 200 Day M A | 28.4469 |
| 50 Day M A | 27.5296 |
| Code | DBMF |
| Updated At | 24th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.17 |
| Type | ETF |
iMGP DBi Managed [DBMF] is traded in USA and was established 2019-05-07. The fund is listed under Systematic Trend category and is part of iM Global Partner Fund Management family. The entity is thematically classified as Absolute Returns ETFs. iMGP DBi Managed currently have 920.59 M in assets under management (AUM). , while the total return for the last 3 years was 5.6%.
Check IMGP DBi Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on IMGP Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding IMGP Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as iMGP DBi Managed Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
iMGP DBi Managed Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in IMGP DBi. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.11) |
IMGP DBi Against Markets
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in iMGP DBi Managed. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of iMGP DBi Managed is measured differently than its book value, which is the value of IMGP that is recorded on the company's balance sheet. Investors also form their own opinion of IMGP DBi's value that differs from its market value or its book value, called intrinsic value, which is IMGP DBi's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because IMGP DBi's market value can be influenced by many factors that don't directly affect IMGP DBi's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between IMGP DBi's value and its price as these two are different measures arrived at by different means. Investors typically determine if IMGP DBi is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, IMGP DBi's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.