A multinational's first U.S. ETF has grown by 136 percent in four months. And the team is celebrating a big anniversary for the fund, too.
iM Global Partner's
] iM DBi Managed Futures Strategy ETF
(DBMF) now has $141.82 million in AUM, up from about $60 million at the end of 2021. And the fund reached
its third anniversary
on May 7.
"DBMF was our first ETF launched at iMGPFM in the US in 2019 and is an integral solution for the $2.5 billion iM Global Partner US ETF/Fund Platform," states Jeff Seeley
, deputy CEO of iM Global partner and CEO of its U.S. distribution platform, iM Global Partner Fund Management.
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