Kensington Credit Opportunities ETF (KAMO)

The Kensington Credit Opportunities ETF (KAMO) is an actively managed fund from Kensington Asset Management. It invests in credit markets with the goal of generating income and capital appreciation.

The fund can hold a range of fixed income instruments, including corporate bonds, high-yield debt and other credit securities, and the adviser adjusts exposure as market conditions change. Kensington is known for tactical, rules-based strategies that seek to shift between risk exposure and more defensive positions such as cash or short-term Treasuries depending on market signals.

Because it is actively managed, the portfolio does not follow a fixed index, and its credit quality, duration and allocation across sectors can vary over time.