Overview
Description
The CCM Affordable Housing MBS ETF is an exchange-traded fund that focuses on investing in mortgage-backed securities primarily associated with affordable housing projects. Its main function is to provide investors with exposure to the fixed-income market, specifically targeting securities that support affordable housing initiatives. By doing so, the fund supports efforts to expand housing opportunities for low- and moderate-income families.
Notably, this ETF invests in securities guaranteed by government-sponsored entities like Ginnie Mae, Fannie Mae, and Freddie Mac, which are fundamental in the housing finance market. Its portfolio consists of securities that underpin the financial backing of residential housing, hence impacting the housing sector significantly. Furthermore, the CCM Affordable Housing MBS ETF plays a crucial role in the social investing landscape, appealing to investors interested in generating social impact alongside financial returns. This ETF highlights the growing trend of combining mission-driven investing with conventional financial instruments to address significant societal needs. In the broader market, the fund provides diversification benefits and represents a socially responsible investment opportunity within the fixed-income domain.
About
Address
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Phone
888-220-8888
Website
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Instrument type
ETF
Country
United States
MIC code
ARCX