DBMF Holds Steady as Markets Fall on U.S. Rating Downgrade
August 02, 2023 at 14:06 PM EDT
Markets dropped on news of Fitch Ratings’ downgrade of the U.S. credit rating from AAA to AA+ Wednesday. While stocks and bonds fell, one fund remaining afloat was the iMGP DBi Managed Futures Strategy ETF (DBMF), proving once more its value in times of market turbulence. Fitch Ratings, one of the three major rating agencies globally, [...] The post DBMF Holds Steady as Markets Fall on U.S. Rating Downgrade appeared first on ETF Trends .