JOJO

ATAC Credit Rotation ETF

$15.48

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The ATAC Credit Rotation ETF (JOJO) seeks to provide total return by dynamically allocating its portfolio between different credit-focused asset classes based on the fund's proprietary market risk indicator.

Overview

ETF tracking ATAC Credit Rotation ETF

Category Fixed Income

Issuer Other

Inception Date 2021-07-16

Market Cap $6.6M

Average Volume N/A

Dividend Yield 3.96%

52-Week Range $14.38 - $15.85

VWAP $15.47

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a quantitative, rules-based approach to rotate its portfolio between high-yield bonds, investment-grade bonds, and cash/cash equivalents depending on the fund's assessment of current market conditions. The goal is to capitalize on changing credit market environments by increasing exposure to higher-risk, higher-return assets when the risk indicator is favorable, and shifting to more conservative fixed income holdings when the risk indicator signals higher market volatility.

✨ Key Features

Dynamic credit market rotation strategy aiming to generate total return
Quantitative model to shift portfolio allocation based on market risk conditions
Exposure to high-yield and investment-grade bonds as well as cash/cash equivalents
Actively managed, non-diversified fund structure

⚠️ Primary Risks

Market risk - The fund's performance is subject to overall conditions in the credit and fixed income markets
Credit risk - Investments in high-yield and investment-grade bonds carry the risk of issuer default or credit downgrades
Liquidity risk - Lower liquidity in certain bond markets may impact the fund's ability to execute trades
Non-diversification risk - As a non-diversified fund, JOJO may be more vulnerable to movements in a particular sector or security

👤 Best For

The ATAC Credit Rotation ETF may be suitable for investors seeking dynamic exposure to credit-focused fixed income assets as part of a diversified portfolio. The fund's tactical allocation approach and focus on total return may appeal to investors comfortable with higher volatility in pursuit of potentially higher long-term returns. However, the fund's non-diversified structure and credit-centric strategy make it a higher-risk investment, so it is generally not recommended for conservative or risk-averse investors.