DBMF — iMGP DBi Managed Futures Strategy ETF
iMGP DBi Managed Futures Strategy ETF (ticker: DBMF) is a alternatives ETF issued by iM Global Partner US LLC tracking ACTIVE - No Index. It was launched on 2019-05-08.
About DBMF
The iMGP DBi Managed Futures Strategy ETF (DBMF) is an actively managed exchange-traded fund that seeks to replicate the pre-fee returns of the largest managed futures hedge funds. It employs a quantitative strategy to gain exposure to a diversified portfolio of futures contracts across various asset classes, including currencies, commodities, equity indices, and fixed income. The fund utilizes a proprietary system to identify and mimic the positions of leading commodity trading advisors (CTAs) by analyzing their reported holdings and trading strategies.
DBMF may be considered by investors looking for an alternative investment exposure within their portfolio, specifically to managed futures strategies. Its active management aims to capture trends and potentially diversify traditional equity and fixed income holdings.
- DBMF is an actively managed ETF in the Alternatives: Hedge Fund Strategies segment.
- The fund's strategy is to replicate the returns of leading managed futures hedge funds.
- It holds 12 positions, with top holdings including Treasury bills, Euro FX futures, and MSCI Emerging Markets futures.
- The ETF's expense ratio is 0.85%.
- DBMF launched on May 8, 2019, and currently has $3.99 billion in assets under management.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | -0.13% |
| 1 Week | 1.42% |
| 1 Month | -0.06% |
| 3 Months | 1.62% |
| 6 Months | 7.93% |
| YTD | 9.62% |
| 1 Year | 20.03% |
| 3 Years | 23.96% |
| 5 Years | 42.01% |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | US 2YR NOTE (CBT) SEP25 | TUU5 | 91.86% |
| 2 | US 2YR NOTE (CBT) SEP25 | TUU5 | 91.86% |
| 3 | US 2YR NOTE (CBT) SEP25 | TUU5 | 91.86% |
| 4 | US 2YR NOTE (CBT) SEP25 | TUU5 | 91.86% |
| 5 | US 2YR NOTE (CBT) SEP25 | TUU5 | 91.86% |
| 6 | US 2YR NOTE (CBT) JUN25 | TUM5 | 88.86% |
| 7 | US 2YR NOTE (CBT) JUN25 | TUM5 | 88.86% |
| 8 | US 2YR NOTE (CBT) JUN25 | TUM5 | 88.86% |
| 9 | US 2YR NOTE (CBT) JUN25 | TUM5 | 88.86% |
| 10 | US 2YR NOTE (CBT) DEC25 | TUZ5 | 86.90% |
Fund Profile
| Issuer | iM Global Partner US LLC |
|---|---|
| Brand | iM |
| Asset Class | alternatives |
| Strategy | Active |
| Structure | ETF |
| Category | Hedge Fund |
| Segment | Alternatives: Hedge Fund Strategies |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2019-05-08 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | DBMF |
|---|---|
| Full Name | iMGP DBi Managed Futures Strategy ETF |
| Issuer | iM Global Partner US LLC |
| Asset Class | alternatives |
| Expense Ratio | 0.01% |
| AUM | $3.84B |
| Inception | 2019-05-08 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does DBMF track?
DBMF (iMGP DBi Managed Futures Strategy ETF) tracks ACTIVE - No Index, a alternatives benchmark.
What is the expense ratio of DBMF?
DBMF has an expense ratio of 0.01% per year.
What is the AUM of DBMF?
DBMF has approximately $3.84B in assets under management.
Does DBMF pay a dividend?
DBMF distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues DBMF?
DBMF is issued by iM Global Partner US LLC under the iM brand, launched on 2019-05-08.
Open the interactive DBMF dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.