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.
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.
Northern Lights Fund Trust III - PlanRock Market Neutral Income ETF (PRMN)
- Expense ratio
- 1.30%
- Fund assets
- 63.71M USD (all share classes)
- Inception date
- Dec 19, 2023
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.
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