iMGP Launches DBAR With 100% Managed Futures Plus 30% U.S. Equities

iMGP Global Partner has launched the iMGP DBi Absolute Return ETF (DBAR), an actively managed ETF combining roughly 100% exposure to a managed futures strategy with an additional 30% exposure to U.S. large-cap equities. The managed futures sleeve uses DBi’s Dynamic Beta Engine to approximate the positioning of a diversified pool of large commodity trading advisor hedge funds through 10-15 liquid futures and derivatives across equities, fixed income, currencies and commodities. The model analyzes trailing 60-day CTA performance and is generally rebalanced at least monthly, targeting annualized volatility of 8-10%. The equity sleeve uses stocks, ETFs and derivatives for broad U.S. large-cap exposure. Because both strategies are held simultaneously, DBAR’s aggregate notional exposure exceeds its net assets, increasing both potential gains and losses.