EIPX is an actively managed exchange-traded fund (“ETF”) that seeks risk-adjusted total return by investing at least 80% of its net assets (plus any borrowing for investment purposes) in a portfolio of equity securities in the broader energy market. EIPX offers an opportunity to invest in dividend-paying energy companies. By expanding selection across companies in the energy sector, the utility sector (excluding water utilities) and other sectors, the fund provides broader access to today’s energy and related industries.
JUCY follows an actively managed strategy seeking attractive income with capital preservation. The strategy typically invests in a portfolio of lower-duration US Treasuries and Agency Securities to provide stability and income. It then seeks to enhance the portfolio’s yield by using an option overlay to provide more distributable income.
HFND seeks to create a portfolio with return characteristics similar to the hedge fund industry’s gross of fees returns, and believes the fund may outperform the hedge fund industry net of fees returns by charging comparatively lower expenses. The fund does this by using a proprietary machine learning algorithm to create a portfolio which best matches the most recent month’s returns of each major hedge fund style (such as long/short equity, global macro, event-driven, fixed income arbitrage, emerging markets, managed futures, and multi-strategy). The fund then aggregates these portfolios based on the relative asset levels in each hedge fund style into a total hedge fund industry model.
CARY seeks the best risk-adjusted opportunities in fixed income that offer the potential for both stable income and price appreciation. The team employs a top-down approach to identify relative value opportunities and a bottom-up credit selection process to select individual issues. The primary focus of Fund assets will be within residential mortgage-backed securities, asset-backed securities, commercial mortgage-backed securities and collateralized loan obligations. The managers will invest opportunistically across a wide range of credits and issuer types based on relative value within structured credit.
HAPI employs an indexing investment approach designed to track the performance of the Index. The Fund invests at least 80% of its total assets in securities that are included in the Index. The Index consists of a modified market capitalization-weighted portfolio of equity securities of approximately 150 U.S. companies identified by Irrational Capital LLC (“Irrational Capital”) as those it believes to possess strong corporate culture based on its proprietary scoring methodology.
DFSU is designed to purchase a broad and diverse group of securities of U.S. companies. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the U.S. Universe, while adjusting the composition of the Portfolio based on sustainability impact considerations.
TUA seeks to provide total return, before fees and expenses, that matches or outperforms the performance of the ICE US Treasury 7-10 Year Bond Index on a calendar quarter basis. The Fund does not seek to achieve its stated investment objective over a period of time different than a full calendar quarter. The fund looks to target the duration of the ICE 7-10 Year US Treasury Index by investing in Treasury futures at the short end of the curve. The fund is designed to provide significant duration from only a modest capital allocation while simultaneously attempting to harvest yield curve efficiencies from the short end of the curve.
DFSE is designed to purchase a broad and diverse group of securities associated with emerging markets. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the Emerging Markets Universe, while adjusting the composition of the Portfolio based on sustainability impact considerations.
DFSI is designed to purchase a broad and diverse group of securities of non U.S. companies in developed markets. The Portfolio invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the International Universe, while adjusting the composition of the Portfolio based on sustainability impact considerations.
THLV seeks to provide investment results that generally correspond, before fees and expenses, to the performance of the THOR U.S. Sector Low Volatility Index (the “Index”). The Fund seeks to achieve its investment objective by investing at least 80% of its total assets in securities included in the Index. The rules-based index is comprised of U.S. equity exchange-traded funds (“ETFs”). The primary goal of the Index is to gain exposure to U.S. large-cap equities while attempting to lower volatility by avoiding sectors that are currently in a down-trending cycle.
CLSA seeks to provide long-term growth. The fund seeks to achieve this objective primarily by allocating among ETFs that invest in companies of various sectors of the U.S. market. The fund selects investments in sectors of the market that it identifies utilizing a strategy designed to optimize performance while seeking to manage portfolio volatility and reduce exposure to down markets. The fund may invest in ETFs that provide exposure to additional asset classes, such as fixed income, commodities, real estate, and currencies to achieve its objective.
DFSB invests in a broad portfolio of investment grade debt securities of U.S. and non U.S. corporate and government issuers, including mortgage backed securities, while excluding or underweighting securities of corporate and certain non sovereign government issuers based upon the Portfolio’s sustainability impact considerations. At times, the Portfolio may invest a majority of its net assets in securities of U.S. and non U.S. government issuers. The Advisor expects that the Portfolio will primarily invest in the obligations of issuers that are in developed countries.
UVIX seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the Long VIX Futures Index (Ticker: LONGVOL). The Long VIX Futures Index expresses the daily performance of a theoretical portfolio of first and second month VIX futures contracts that are rolled daily. The Index determines its daily settlement price from the Time Weighted Average Price (TWAP) of its theoretical portfolio over the last 15 minutes of the regular equity trading session.
The return on NRGD is linked to a three times leveraged participation in the performance of the Index, compounded daily, minus the applicable fees. The ETNs provide levered exposure to the Solactive MicroSectors U.S. Big Oil Index. The Solactive MicroSectors U.S. Big Oil Index, an equal-dollar weighted index, was created by Solactive AG in 2019 to provide exposure to the 10 largest U.S. energy and oil companies. MicroSectors provide concentrated exposure to 10 stocks in a given sub-sector, or microsector.
