OWNS
CCM Affordable Housing MBS ETF
📎 Investment Objective
The CCM Affordable Housing MBS ETF (OWNS) seeks to provide exposure to mortgage-backed securities (MBS) that are backed by affordable housing loans.
Overview
ETF tracking CCM Affordable Housing MBS ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The CCM Affordable Housing MBS ETF (OWNS) seeks to provide exposure to mortgage-backed securities (MBS) that are backed by affordable housing loans.
🎯 Investment Strategy
The fund invests primarily in MBS issued by government agencies and government-sponsored enterprises that are collateralized by affordable housing loans. The fund aims to provide investors with income and potential capital appreciation by investing in these specialized MBS.
✨ Key Features
- Focuses on MBS backed by affordable housing loans, which can provide diversification from traditional residential MBS
- Potential for income generation through the fund's MBS holdings
- Managed by an experienced team focused on the affordable housing market
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Interest rate risk, as the value of MBS may decline when interest rates rise
- Prepayment risk, as homeowners may refinance their loans, leading to early repayment of the MBS
- Credit risk, as the underlying borrowers may default on their loans
- Liquidity risk, as the MBS market may experience periods of reduced trading activity
👤 Best For
The CCM Affordable Housing MBS ETF may be suitable for investors seeking exposure to the affordable housing market, as well as those looking to diversify their fixed-income portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with MBS investments.