iMGP and DBi Launch iMGP DBi Absolute Return ETF (DBAR)
PARIS & NEW YORK--(BUSINESS WIRE)--iM Global Partner (iMGP) and DBi today announced that the iMGP DBi Absolute Return ETF (NYSE Arca: DBAR) launched on September 30. DBAR is an actively managed ETF that targets 100% exposure to DBi's managed futures strategy and 30% exposure to U.S. equities. The fund seeks long-term capital appreciation through exposure to both a proprietary Managed Futures Strategy and a U.S. Equity Strategy. DBAR's managed futures sleeve uses the same hedge fund replication.