PPRM invests at least 65% of its assets in US$ fixed income securities that mature within 397 days. Alternatively, the fund may invest in US government agency securities which mature in less than 2 years. PPRM looks to maximize current income while preserving capital and liquidity and the average duration of the portfolio does not exceed 90 days. The fund invests mainly securities rated higher than A by Moody’s.
ActiveETFs | InFocus
Providing the most extensive and focused coverage of Active ETFs
