The Bold Leap into the Unknown: Reckoner Capital Launches First-Ever Leveraged AAA CLO ETF.
Known for pushing boundaries, Reckoner Capital Management has once again changed the game. This time, by launching the industry’s first-ever leveraged AAA CLO ETF, staked on the NYSE ARCA platform as (RAAA). Unlike the standard CLO ETFs, RAAA brings an unprecedented approach to the investment table. An approach that doesn’t shy away from the calculated high-stakes risk to provide potentially higher yields on investor portfolios.
RAAA’s investment exposure is approximately equal to 200% of the fund’s net assets, demonstrating a bold step in the financial world. The aim is to offer a high degree of capital preservation while also seeking out higher returns through modest leveraging. Of course, this isn’t a strategy designed for everyone, as CEO and co-founder of Reckoner, John Kim, pointed out. He warned that such leveraged returns make RAAA riskier than its non-leveraged counterparts.
This showcases a pioneering spirit in the domain of financial investment. But it’s no surprise coming from Reckoner Capital Management, an organisation helmed by the former Panagram CEO, John Kim. Having launched their global alternative credit platform operations earlier this year with the backing of the formidable private investment firm RedBird Capital Partners, Reckoner is all set to continue its streak of innovation in the financial world.
- •Reckoner launches US CLO ETF using ‘modest’ leverage pitchbook.com11-07-2025