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Obra Defensive High Yield ETF
ODHY (Obra Defensive High Yield ETF) is an index High Yield Fixed Income ETF by Obra. With a 0.50% MER, it provides diversified exposure through 39 holdings.
ODHY by Obra is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.50% MER, its fees are in line with category averages. It does not pay a significant distribution — returns are reinvested for capital growth.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.