Key stats
About Corton Enhanced Income Fund ETF Trust Units
Home page
Inception date
Sep 18, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Corton Capital, Inc.
ISIN
CA2207972035
The fund primarily invests in European and US floating rate collateralized loan obligations (CLOs) with an AAA credit rating. It may include CLOs of any maturity purchased from both primary and secondary markets. To construct the portfolio, the adviser utilizes a bottom up approach to determine if a security is an attractive investment opportunity. While targeting AAA-rated CLOs, the fund may also include securities with an AA or A credit rating. The fund may invest up to 20% of its net assets in cash, cash equivalents, and/or other floating rate debt instruments, including other exchange-traded funds. The fund will seek to hedge its non-Canadian dollar currency exposure at all times, may invest in derivatives for hedging and non-hedging purposes, and may enter into repurchase transactions and reverse repurchase transactions as permitted by securities regulations.
Related funds
Classification
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized99.76%
Mutual fund1.16%
Cash−0.92%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
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.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
RAAA trades at 25.06 CAD today, its price has fallen −0.16% in the past 24 hours. Track more dynamics on RAAA price chart.
RAAA net asset value is 25.05 today — it's risen 0.02% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
RAAA assets under management is 28.70 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
RAAA fund flows account for 4.77 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
RAAA invests in bonds. See more details in our Analysis section.
No, RAAA isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, RAAA technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RAAA shows the strong sell signal. See more of RAAA technicals for a more comprehensive analysis.
Today, RAAA technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating RAAA shows the strong sell signal. See more of RAAA technicals for a more comprehensive analysis.
Yes, RAAA pays dividends to its holders with the dividend yield of 2.27%.
RAAA trades at a premium (0.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
RAAA shares are issued by Corton Capital, Inc.
RAAA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 18, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.