Equity Overview
Price & Market Data
Price: $19.81
Daily Change: +$0.0149 / 0.08%
Daily Range: $19.79 - $19.83
Market Cap: $0
Daily Volume: 183,640
Performance Metrics
1 Week: -0.03%
1 Month: -1.47%
3 Months: -0.75%
6 Months: -1.91%
1 Year: -1.66%
YTD: -1.02%
Details
Under normal circumstances, the fund invests at least 80% of its net assets in catastrophe bonds. Catastrophe bonds, also known as event-linked or insurance-linked bonds, are structured securities whereby insurers or reinsurers transfer specific risks, typically those associated with severe events such as catastrophes or natural disasters, to capital market investors. The fund is non-diversified.