Key stats
About Aptus International Enhanced Yield ETF
Expense ratio
0.45%
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Inception date
Jul 22, 2021
IDUB is an actively managed fund that selects a portfolio of low cost ETFs that invest in non-US companies, of any size, in developed and emerging markets. Approximately 4580% of the funds exposure is expected to be in developed markets and 1045% in emerging markets. For selection, the adviser uses a proprietary framework which considers factors such as yield, growth, and valuation along with momentum to identify attractive markets, regions, or countries. To potentially generate income, up to 10% of the funds assets may be invested in equity-linked notes (ELNs). Such products invest in derivatives to provide the combined economic characteristics as non-US stocks and option spreads. The ELNs used by the fund are highly customizable, bilateral instruments that typically have a maturity between one week and six months. Such securities exposure investors to counterparty risk. Prior to May 1, 2023 the fund name was International Drawdown Managed Equity ETF and traded under the ticker: IDME.
Classification
What's in the fund
Exposure type
ETF
Cash
Stock breakdown by region