Tactical Income ETF // as of 2017-10-18

ETF Data
Ticker FFTI
Primary Exchange BATS
CUSIP 66538H 666
Inception Date 06/06/2017
Net Assets $ 131,629,805.97
Shares Outstanding 5,250,000
Expense Ratio 1.00%
NAV $ 25.07
Daily Change $ -0.01
Market Price $ 25.09
Daily Change $ 0.01
Premium Discount $ 0.020

Quarter End Performance History // as of 2017-09-30

NAV Market Price
1 Month 0.11 -0.24
3 Month 1.13 0.28
6 Month N/A N/A
1 Year N/A N/A
QTD 1.13 0.28
YTD N/A N/A
Since Inception 0.97 0.22

Top Holdings // as of 2017-10-18

Name Symbol Net Asset % Market Price ($) Shares Held Market Value
iShares iBoxx $ Investment Grade Corporate Bond LQD 21.73 % 121.21 235,935 28,597,681
Vanguard Total International Bond ETF BNDX 21.34 % 54.75 513,135 28,094,141
iShares iBoxx $ High Yield Corporate Bond ETF HYG 19.61 % 88.6 291,270 25,806,522
SPDR Bloomberg Barclays High Yield Bond ETF JNK 19.58 % 37.27 691,425 25,769,410
VanEck Vectors High-Yield Municipal Index ETF HYD 5.7 % 31.32 239,610 7,504,585
iShares US Preferred Stock ETF PFF 5.6 % 38.45 191,730 7,372,019
PowerShares Fundamental High Yield Corporate Bond PHB 5.48 % 19.12 377,580 7,219,330
US DOLLARS USD 1.26 % 1 1,661,760 1,661,760
Download All Holding (.CSV)

Portfolio holdings are subject to change and should not be considered investment advice.

ETF Description & Information //

The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model’s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing.