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Brookmont Capital Management has launched the first U.S.-listed Catastrophe Bond ETF (NYSE: ILS), providing investors access to a $50 billion market through a tradable ETF structure. The fund exclusively focuses on catastrophe bonds tied to natural disasters, offering floating-rate yields typically in the low teens.
The ETF is actively managed with King Ridge Capital Advisors as sub-adviser, targeting broad exposure to the global Cat bond market through securities selected based on geographic diversity, peril type, and risk-adjusted return potential. These bonds are fully cash-collateralized through special purpose vehicles, ensuring greater financial stability with minimal counterparty risk.
The catastrophe bond market is projected to exceed $80 billion by decade's end. The fund carries a total expense ratio of 1.58% and aims to provide institutional-level exposure through an exchange-listed, diversified, and transparent investment strategy.