Key stats
About Virtus ETF Trust II Virtus AlphaSimplex Managed Futures ETF
Expense ratio
0.80%
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Inception date
May 15, 2024
ASMF seeks absolute return through a broad range of liquid futures and forward contracts across different asset classes. Targeting stable volatility for the portfolio, the fund dynamically takes long and/or short positions across global equity, fixed income, currency, and commodity markets. The fund expects to benefit from persistent price trends resulting from the behavioral biases of market participants. Similar to hedge funds, ASMF aims to profit and mitigate risk by identifying these trends in rising or falling markets. The strategy combines active risk management, advanced replication techniques, and insights from quantitative models to capture the risk/return characteristics of the top 20 largest managed futures funds. The fund caps its exposure to commodities and commodity-linked derivatives by 25% through a wholly owned Cayman Islands subsidiary. The fund may invest up to 75% in cash equivalents. The fund manager has full discretion and flexibility to adjust the allocation of investments at any time.
Classification
What's in the fund
Exposure type
Miscellaneous
Bonds, Cash & Other100.00%
Miscellaneous226.78%
Corporate−0.23%
Mutual fund−8.83%
Cash−117.73%