Key stats
About Tralucent Global Alt (Long/Short) Equity Fund Trust Unit E
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Inception date
Nov 16, 2023
Primary advisor
Tralucent Asset Management, Inc.
ISIN
CA89300V1013
The fund utilizes a long/short strategy on a basket of exchange-traded securities from around the globe. The fund invests in equities, although it may also purchase other securities including bonds. On the long side, the fund may leverage up to 10% of its net assets. The fund shorts securities and writes naked calls to earn some premium income, potentially shorting up to 50% of its net assets. A fundamental, bottom-up approach is employed by the fund adviser to make investment decisions. The resulting long portfolio consists of over 100 securities, while the fund shorts dozens of names to ensure diversification. The fund has a net long exposure. The aggregate amount of cash borrowing, shorts, and derivatives used for non-hedging purposes will not exceed 300% of the fund's NAV.
Related funds
Classification
What's in the fund
Exposure type
Finance
Electronic Technology
Technology Services
Stocks103.09%
Finance25.62%
Electronic Technology22.25%
Technology Services19.47%
Consumer Services7.99%
Retail Trade6.35%
Producer Manufacturing4.16%
Commercial Services3.34%
Health Technology2.42%
Transportation2.26%
Health Services2.13%
Distribution Services1.31%
Consumer Non-Durables1.11%
Consumer Durables0.50%
Communications0.16%
Process Industries0.15%
Bonds, Cash & Other−3.09%
Miscellaneous1.06%
Cash0.81%
Rights & Warrants−4.96%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TGAF trades at 26.10 CAD today, its price has risen 0.42% in the past 24 hours. Track more dynamics on TGAF price chart.
TGAF net asset value is 26.23 today — it's risen 2.27% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TGAF assets under management is 28.62 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TGAF price has risen by 2.34% over the last month, and its yearly performance shows a 19.40% increase. See more dynamics on TGAF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.27% over the last month, showed a 11.71% increase in three-month performance and has increased by 8.93% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.27% over the last month, showed a 11.71% increase in three-month performance and has increased by 8.93% in a year.
TGAF fund flows account for 12.87 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TGAF invests in stocks. See more details in our Analysis section.
No, TGAF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TGAF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TGAF shows the buy signal. See more of TGAF technicals for a more comprehensive analysis.
Today, TGAF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TGAF shows the buy signal. See more of TGAF technicals for a more comprehensive analysis.
No, TGAF doesn't pay dividends to its holders.
TGAF trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TGAF shares are issued by Tralucent Asset Management, Inc.
TGAF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 16, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.