iMGP DBi Managed Futures Strategy ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$27.35
- Net Assets:$0 Million
- NAV:$27.57
- Premium-0.8%
- Peer Rank:310 of 397
- Investment Rating:C
- Performance:C
- RiskC+
We rate iMGP DBi Managed Futures Strategy at C. Positive factors that influence this rating include a greater than above average total return, low price volatility and low expense structure. The fund may be considered for investors seeking an Equity Income strategy.
Total return ranks above peers over the last three years. The iMGP DBi Managed Futures Strategy has returned an annual rate of 8.57% since inception. More recently, the fund has generated a total return of 7.21% in the last three years, -0.62% in the last year, and 2.35% in the last six months. How does that compare to other equity funds? In the last three years, it has outperformed 72% of them. It has also outpaced 13% of its competitors on a one year basis for the period ending 2/29/2024. On a year to date basis, DBMF has returned 7.03%.
Downside risk has been below average. DBMF has a draw down risk of -24.83%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 13.2%. This fund has had moderate volatility in its monthly performance over the last 36 months.
High expense ratio hinders performance. As DBMF is an exchange traded fund, it has no front end or back end load.
The iMGP DBi Managed Futures Strategy is managed by Andrew D. Beer at iM Global Partner Fund Management L. This fund is one of 2 iM Global Partner Fund Management L exchange-traded funds launched since 5/8/2019 that we track.