Corton Capital Inc. ("Corton"), an investment management firm, is pleased to announce the expansion of its suite of actively-managed funds with the launch of the Class ETF Units of the Corton Enhanced Income Fund (“RAAA”). The investment objective of RAAA is to provide investors with a high level of current income by investing in a diversified portfolio of European and U.S. floating rate collateralized loan obligations (“CLO”). The rating will be predominantly AAA at purchase but also include AA or A securities, as rated by a nationally recognized statistical rating organization.
RAAA closed its initial offering of ETF Units at the close of business on September 17, 2024 and the ETF Units are expected to commence trading on the Toronto Stock Exchange (“TSX”) when markets open today under the ticker symbol "RAAA". Corton is the manager, trustee and promoter and Astra Asset Management UK Limited is the sub-advisor of RAAA.
Astra, a leader in structured credit investments, developed this long-only ETF to meet the growing demand for retail access to institutional markets in Canada. The company partnered with Corton to ensure the successful launch and ongoing management of the fund.
Contact Information:
For further information please visit www.cortoncapitalinc.ca, by email at
telephone at 1-888-822-1171 or by contacting your financial adviser.
Contact Person:
David Jarvis
President and Chief Executive Officer
Corton Capital Inc