BAMU

BAMU is an actively managed ETF that invests in US Treasurys and investment grade corporate bonds with a weighted average maturity range of 0-2 years, as well as unaffiliated ETFs with similar exposure. The fund aims for high and sustainable level of current income and liquidity through ultra-short term US Treasurys, supplemented by publicly issued, investment grade, ultra-short term US corporate bonds and ETFs to potentially generate additional income. The portfolio's average duration is adjusted to reflect the expected near-term interest rate outlook and the shape of the yield curve. The yield curve compares the returns of short-term bonds to long-term bonds and identifies the trade-off between the time to maturity and returns. As an actively managed ETF, the fund manager has full discretion to adjust holdings at any time.