Key stats
About MKAM ETF
Expense ratio
0.96%
Home page
Inception date
Apr 12, 2023
MKAM looks to participate in rising US equity markets by investing similarly to the S&P 500 while cutting volatility and drawdown risk. The fund tactically shifts the portfolio exposure using a market risk model that is based on macro trends and individual security fundamentals. The fund generally invests in favor of equities but may change exposure based on the models signals. A daily assessment of these signals can result in an allocation to equity, fixed-income securities, or a mix of both ranging from 0-100% of portfolio assets. During stock declines, the fund aims to take a defensive position resulting in higher allocation to fixed-income securities. Fixed income exposure may include US Treasury, money-market instruments, and mutual funds. The fund may also purchase put options and sell futures contracts as forms of hedging from market drawdowns.
Classification
What's in the fund
Exposure type
ETF
Government
Bonds, Cash & Other100.00%
ETF53.08%
Government46.54%
Mutual fund0.46%
Cash−0.08%