ETF profile

Northern Lights Fund Trust III - PlanRock Market Neutral Income ETF (PRMN)

ETF overview

This exchange-traded fund (ETF) utilizes a sophisticated, systematic investment strategy. It primarily invests in a global portfolio of high-dividend-yielding stocks and exchange-traded funds (ETFs) that are publicly traded and exhibit substantial liquidity. To offset directional market risk and achieve a market-neutral posture, the fund strategically employs short positions in equity index futures. Furthermore, the strategy leverages a broader array of derivatives, including both long and short equity index futures, volatility futures, options, and options on futures, to meticulously manage overall portfolio volatility, aiming for stability comparable to that of the global bond market. The overarching objective is to generate consistent, high dividend income alongside long-term capital appreciation.

WebsiteN/A
CountryN/A
ExchangeAMEX
Trades inUSD

Delisted · last close 12 Jun 2025

Current price
27.02 USD+0.26%
Last close 12 Jun 2025
Benchmarks

Fund facts

Expense ratio
1.30%
Fund assets
63.71M USD (all share classes)
Inception date
Dec 19, 2023

Breakdown

Historical returns do not guarantee future returns. This is not investment advice.

Delisted · last close 12 Jun 2025

Northern Lights Fund Trust III - PlanRock Market Neutral Income ETF (PRMN)

PRMN · AMEX
27.02 USD+0.26%
Benchmarks
Fund facts
Expense ratio
1.30%
Fund assets
63.71M USD (all share classes)
Inception date
Dec 19, 2023
Breakdown
ETF overview

This exchange-traded fund (ETF) utilizes a sophisticated, systematic investment strategy. It primarily invests in a global portfolio of high-dividend-yielding stocks and exchange-traded funds (ETFs) that are publicly traded and exhibit substantial liquidity. To offset directional market risk and achieve a market-neutral posture, the fund strategically employs short positions in equity index futures. Furthermore, the strategy leverages a broader array of derivatives, including both long and short equity index futures, volatility futures, options, and options on futures, to meticulously manage overall portfolio volatility, aiming for stability comparable to that of the global bond market. The overarching objective is to generate consistent, high dividend income alongside long-term capital appreciation.

CountryN/A
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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