The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Under normal market conditions, the fund invests at least 80% of its net assets in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. It is an actively managed exchange-traded fund ("ETF") that does not seek to replicate the performance of a specified index. To pursue its investment goal, it may invest in certain interest rate-related derivative transactions, principally interest rate, bond, U.S. Treasury and fixed income index futures contracts.
Exchange Traded Funds Futures Contract Fixed Income U.S. Treasury Source Uk Services Derivative U.S. Government Betashares