Exchange Listed Funds Trust - Cabana Target Drawdown 10 ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. It is co-managed by Cabana LLC. The fund invests in public equity, fixed income, currency and commodity markets of the United States. For its equity portion, the fund invests through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests through other funds in debt securities of varying maturities. For its commodity portion, the fund invests through other funds in commodities. For its currency portion, the fund invests through other funds in currencies. The fund seeks to benchmark the performance of its portfolio against the S&P Target Risk Moderate Index. It employs proprietary research to create its portfolio. Exchange Listed Funds Trust - Cabana Target Drawdown 10 ETF was formed on September 16, 2020 and is domiciled in the United States.
Thursday's lone launch is a pure bet on chipmakers listed outside the US, an exposure most semiconductor funds skew away from. The xETFs International Semiconductor Index ETF carries a 0.65% net expense ratio.
Exchange Listed Funds Trust - Cabana Target Drawdown 10 ETF is an exchange traded fund launched and managed by Exchange Traded Concepts, LLC. It is co-managed by Cabana LLC.