A data-driven portfolio that dynamically aligns with current macro economic conditions.
Picture yourself trying to pack for vacation, but you don’t know if you are headed to the beach or skiing in the mountains. Skiing in a swimsuit or walking the beach in your snow gear would intuitively seem unpleasant. As you can envision, packing the right outfit will certainly lead to a more enjoyable experience.
The same can be said for your investments. The economy experiences different climates or “seasons” too, so properly preparing your portfolio for the correct season is important. The GGM Macro Alignment ETF targets the right outfits (investment sectors and styles) for the current economic climate, and automatically shifts its assets as the economic forecast changes.
GGM
GGM Macro Alignment ETF
Our All Seasons Approach
INVESTMENT OBJECTIVE
The GGM Macro Alignment ETF is a diversified actively managed exchange traded fund that seeks long-term capital appreciation by dynamically shifting among sectors and styles best suited for the prevailing macro-economic environment. By mapping and measuring current economic variables, the strategy aims to beat the S&P 500 Index through a full economic cycle while maintaining a lower risk profile.
Fund Data
Fund Details
Primary Exchange: NYSE
Ticker: GGM
CUSIP: 66538F 157
Net Assets: $21,991,877
Median 30-day bid/ask spread: 0.0141
Fund Inception Date: 09/25/2023
Shares Outstanding: 750000
Net Asset Value (NAV)
NAV: $29.32
Daily Change($): $0.18
Daily Change(%): 0.6200%
Market Price
Closing Price: $29.18
Daily Change($): $0.17
Daily Change(%): 0.5900%
DATA AS OF : 10/09/2024
Holdings
| Name | % | Ticker | Shares | Market Value |
|---|---|---|---|---|
| SPDR-TECH SEL S | 20.54% | XLK | 19600 | $4,517,212.00 |
| SPDR S&P SEMICONDUCTOR ET | 20.2% | XSD | 18441 | $4,443,358.95 |
| ISHARES US TELECOMMUNICAT | 19.98% | IYZ | 170955 | $4,393,543.50 |
| SPDR-CONS STAPLE | 19.64% | XLP | 52968 | $4,319,540.40 |
| SPDR-UTIL SELECT | 19.16% | XLU | 53463 | $4,212,884.40 |
| US DOLLARS | 0.52% | USD | 114917.8 | $114,917.80 |
| Receivables/Payables | -0.05% | RECPAY | -10023.57 | $-10,023.57 |
Holdings are subject to change and do not constitute a recommendation or solicitation to buy or sell a particular security.
Historical Performance
Date as of: 10/10/2024
| 1 Month | 3 Month | YTD | ITD | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|---|
| Fund NAV | 2.99% | 5.01% | 10.81% | 17.2% | 21.56% | ||
| Market Price | 2.96% | 4.44% | 10.11% | 16.66% | 20.88% |
Quarter End as of: 09/30/2024
| 1 Month | 3 Month | YTD | ITD | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|---|
| Fund NAV | 2.61% | 7.48% | 11.34% | 18.2% | 20.99% | ||
| Market Price | 1.95% | 6.47% | 10.6% | 17.61% | 20.03% |
Premium Discount
| 4Q 2022 | 1Q 2023 | 2Q 2023 | 3Q 2023 | 4Q 2023 | 1Q 2024 | 2Q 2024 | 3Q 2024 | 4Q 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| At NAV | nan | nan | nan | 24.66 | 24.95 | 26.58 | 27.07 | 28.25 | 29.24 |
| At Premium | nan | nan | nan | 24.70 | 24.98 | 26.60 | 27.10 | 28.22 | 29.09 |
| At Discount | nan | nan | nan | 0.05 | 0.03 | 0.02 | 0.03 | -0.03 | -0.15 |
The Premium/Discount of an ETF is defined as the amount the ETF is trading above/below the NAV of the underlying holdings.
Total Operating Expense .88%
NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times. The performance data quoted represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 1-800-966-9991.
Distribution Data
| exDate | recordDate | payDate | Short-Term Gains | Long-Term Gains | Income | Total Distribution | Account ID |
|---|---|---|---|---|---|---|---|
| 12/26/2023 12:00:00 AM | 12/27/2023 12:00:00 AM | 1/2/2024 12:00:00 AM | 0.1313 | 0.1313 | 1499 |
Premium/Discount Chart
The Premium/Discount of an ETF is defined as the amount the ETF is trading above/below the NAV of the underlying holdings.