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The fund seeks to outperform SGOV, an iShares bond index ETF, in absolute return and provide enhanced monthly income.  The fund is an option overlay bond index ETF comprising shares of SGOV, an iShares bond index ETF, and an income-generating option-spread portfolio. The fund maintains a low expense ratio and charges a variable performance fee only when the fund return exceeds the return of SGOV.  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* The fund charges a variable performance fee with a high watermark provision. The performance fee comprises 50% of the fund's excess return, if any, above SGOV, an iShares bond index ETF.              

                   NAV                              $0.01

                       as of xx/xx/2024

             YTD Return                         0.01%

                       as of xx/xx/2024

         YTD Return of SGOV             0.01%

                         as of xx/xx/2024

         30-Day SEC Yield                   5.31%

                         as of xx/xx/2024

 

            Expense Ratio                     0.00%*

        

 

 

     Fund Facts           

        

 

 

    Summary Prospectus          

        

Stable 0-3 Month Treasury Bill Plus ETF

SSNP

Overview | Performance & Distribution | Fees | Holdings | Fund Documents

Overview

The Stable 0-3 Month US Treasury Plus ETF seeks to:

  • ​Outperform SGOV, an iShares bond index ETF, in absolute return.

  • Provide enhanced monthly income.

The fund comprises shares of SGOV, an iShares bond index ETF, as the primary portfolio and an income-generating option spread portfolio as the secondary one.  

The potential benefits the Fund offers include:

  • To provide enhanced monthly income.

  • To offer the opportunity to obtain an extra return above the benchmark index return.

Key Fund Facts

Performance & Distribution

Performance

Key Facts of Distributions

Distributions per Share

Distributions History

Fees

Annual Fund Operating Expenses

Variable Performance Fee

50% of the return generated by the tail risk hedge portfolio or, equivalently, the excess return the entire Fund portfolio makes above the return from the S&P SmallCap 600 Index constituent portfolio.  The performance fee includes a high watermark provision, requiring that the cumulative capital loss, if any, the tail risk portfolio incurred in the past be fully recovered before the Fund charges the performance fee. 

Holdings

Top 10 Holdings
as of XX/XX/2024

Fund Documents

Fact Sheet
 

Summary Prospectus
 

Prospectus
 

Annual Report
 

Semi-Annual Report
 

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