Frontier Asset Core Bond ETF (FCBD)

The Frontier Asset Core Bond ETF (FCBD) is an actively managed fund of funds from Frontier Asset Management, launched in 2024. It seeks high income consistent with preservation of capital.

The fund typically holds around six to twelve underlying exchange-traded funds that invest mainly in U.S. investment-grade bonds of varying maturities, such as Treasuries, mortgage-backed securities and corporate debt. It may add smaller allocations to other fixed income segments in a core-plus style.

Rather than tracking an index, Frontier's managers allocate among the underlying ETFs based on their assessment of interest rates, credit conditions and diversification.