Investment objective & strategy
As of Aug. 29, 2022 · prospectusObjective. The Fund?s investment objective is to generate capital appreciation.
Strategy. The Fund?s adviser (the ?Adviser?) seeks to achieve the Fund?s investment objective principally through investing in exchange traded funds (?ETFs?), including inverse and leveraged ETFs, that invest in the following asset classes: (1) U.S., foreign and emerging market common stocks of any capitalization; (2) commodities and commodity-related sectors; (3) fixed income securities of any maturity including high yield (?junk?) bonds, U.S. Government bonds, inflation-protected bonds and bonds issued by foreign and emerging market issuers; and (4) alternative assets such as currencies, real estate investment trusts (?REITs?) and master limited partnerships (?MLPs?). MLPs are limited partnerships in which the ownership units are publicly traded. The Adviser utilizes a model-driven investment process that evaluates a global universe of ETFs in determining the … The Fund?s adviser (the ?Adviser?) seeks to achieve the Fund?s investment objective principally through investing in exchange traded funds (?ETFs?), including inverse and leveraged ETFs, that invest in the following asset classes: (1) U.S., foreign and emerging market common stocks of any capitalization; (2) commodities and commodity-related sectors; (3) fixed income securities of any maturity including high yield (?junk?) bonds, U.S. Government bonds, inflation-protected bonds and bonds issued by foreign and emerging market issuers; and (4) alternative assets such as currencies, real estate investment trusts (?REITs?) and master limited partnerships (?MLPs?). MLPs are limited partnerships in which the ownership units are publicly traded. The Adviser utilizes a model-driven investment process that evaluates a global universe of ETFs in determining the Fund?s portfolio. The Adviser?s model ranks each potential ETF investment option based on the price data of each ETF using proprietary relative strength and momentum indicators. ETFs with the highest rankings are selected for investment and periodically re-evaluated. The Adviser seeks to adjust allocations within the Fund?s portfolio to capitalize on opportunities across global equity, commodity and commodity related, fixed income and alternative asset markets. An ETF is sold by the adviser when it is no longer considered to be the highest rated fund by the Adviser?s model for that asset class. ETFs selected by the Adviser for investment may have different policies and restrictions than those of the Fund. The Adviser may engage in frequent trading of the Fund?s Portfolio in pursuing the Fund?s investment objective.
Top holdings
As of July 31, 2022 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| Federated Inst'l Prime Obligations Fund | POIXX | $803.86K | 16.18% |
| State Street Consumer Staples Select Sector SPDR ETF | XLP | $565.38K | 11.38% |
| SPDR S&P 500 ETF Trust | — | $546.30K | 11.00% |
| State Street Health Care Select Sector SPDR ETF USD Class | XLV | $543.90K | 10.95% |
| Vanguard Real Estate Index Fund ETF Shares | VNQ US | $537.45K | 10.82% |
| Sprott Physical Gold Trust USD Class | PHYS | $524.87K | 10.57% |
| UTILITIES SELECT SECTOR SPDR MUTUAL FUND | XLU | $494.87K | 9.96% |
| STATE STREET ENERGY SELECT SECTOR SPDR ETF MUTUAL FUND | XLE | $482.68K | 9.72% |
Portfolio moves
Apr 30, 2022 → Jul 31, 2022How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Main BuyWrite Fund · BUYWX | 25% | 1.44% |
| Premise Capital Diversified Tactical ETF | 12% | 0.86% |
| AMT Tactical Offensive Equity Fund | 12% | — |
Footnotes
- Net assets and holdings count as of July 31, 2022, from the fund's N-PORT filing.
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