Description: The investment seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Adaptive Wealth Strategies U.S. Factor Index (the "index"). The fund invests at least 80% of its total assets in the securities of the index. Its 80% investment policy is non-fundamental and requires 60 days prior written notice to shareholders before it can be changed. The index is designed to dynamically allocate across three sub-indices that provide exposure to U.S. equities that exhibit characteristics of one of three primary factors: value, momentum and low volatility. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Mid-Cap Value
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock US | 99.79 | 0.00 | 99.79 |
| Cash | 0.21 | 0.00 | 0.21 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Healthcare | 30.61 | 10.95 |
| Energy | 14.84 | 6.35 |
| Consumer Defensive | 11.83 | 6.69 |
| Financial Services | 8.53 | 19.16 |
| Technology | 8.22 | 8.50 |
| Industrials | 7.52 | 16.22 |
| Utilities | 5.71 | 6.59 |
| Communication Services | 5.48 | 2.95 |
| Consumer Cyclicals | 3.43 | 10.87 |
| Real Estate | 2.59 | 6.31 |
| Basic Materials | 1.25 | 5.41 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 100.00 | 94.88 |
| Japan | 0.00 | 0.33 |
| Asia Emerging | 0.00 | 0.21 |
| Latin America | 0.00 | 0.24 |
| Asia Developed | 0.00 | 0.51 |
| United Kingdom | 0.00 | 1.64 |
| Europe Developed | 0.00 | 2.06 |
| Africa/Middle East | 0.00 | 0.12 |