Description: Advocate Rising Rate Hedge ETF is an exchange traded fund launched by The Advisors' Inner Circle Fund III. The fund is managed by Advocate Capital Management, LLC. It invests in public equity, fixed income, commodity and currency markets of the United States. The fund employs long/short strategy and uses derivatives such as forwards, futures, options and swaps to create its portfolio. For its equity portion, the fund invests directly and through other funds in stocks of companies operating across diversified sectors. It invests in growth and value stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests directly and through derivatives in U.S. treasury securities with maturities between 1-30 years. For its currency portion, it invests through derivatives in currencies. For its commodity portion, it invests through derivatives in commodities. Advocate Rising Rate Hedge ETF was formed on October 28, 2021 and is domiciled in the United States.
Exchange: NYSE ARCA
Country: US
Currency: US Dollar ($)
Category: Allocation--50% to 70% Equity
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Cash | 1424.02 | 50.68 | 1373.35 |
| Stock US | 25.16 | 0.00 | 25.16 |
| Other | 0.00 | 30.17 | -30.17 |
| Bond | 350.29 | 1618.62 | -1268.34 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Energy | 52.11 | 5.56 |
| Healthcare | 47.89 | 15.70 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| North America | 100.00 | 84.72 |
| Japan | 0.00 | 2.05 |
| Australasia | 0.00 | 0.55 |
| Asia Emerging | 0.00 | 1.25 |
| Latin America | 0.00 | 0.35 |
| Asia Developed | 0.00 | 1.23 |
| United Kingdom | 0.00 | 2.65 |
| Europe Emerging | 0.00 | 0.03 |
| Europe Developed | 0.00 | 6.92 |
| Africa/Middle East | 0.00 | 0.24 |