Tuesday, April 6, 2021

New Active ETF filed: Turner Quant Advantage ETF

Turner Quant Advantage ETF

Ticker: TBD

Exchange: TBD

Expense ratio:

Original filing date: April 5, 2021

Effective date: June 21, 2021

Listing Date: TBD

CUSIP: TBD

Active: Yes

Index / Benchmark: Not Applicable

 

Investment Objective:

Seeks to grow and protect capital.

 

Investment Strategy:

Market Neutral: US stocks

  • Bull market: Hold 30 up-trending U.S. stocks, equal weight based on top-down, bottom up analysis 
  • Bear market: Hold 1x and/or 2x inverse ETFs (Do they managed the daily resets of these inverse ETFs by rebalancing daily?)
  • Transition market: Cash


Constituents: 30 in bull market

 

Adviser Empowered Funds, LLC

Sub-Adviser: Turner Capital Investments, LLC

 

Adminstrator: U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services

Fund accountant: U.S. Bancorp Fund Services, LLC, doing business as U.S. Bank Global Fund Services

Custodian: U.S. Bank National Association

Distributor: Quasar Distributors, LLC

Legal counsel: Pellegrino, LLC

External accounting: TBD

 

Prospectus is here.








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