The objective of the U.S. Equity Rotation Strategy ETF is to seek capital appreciation in any given market environment. Under normal market conditions, the ETF invests in companies that are organized in the U.S. and included in the S&P Composite 1500, which is comprised of large-, mid- and small-cap companies.
The ETF will be invested in all 10 industry sectors within the S&P Composite 1500: utilities, consumer staples, information technology, health care, financials, energy, consumer discretionary, materials, industrials and telecommunication services.
The ETF is actively managed and strives to meet its objective by rotating to the industry sectors or segments the adviser believes to offer the best potential for long-term capital appreciation based on changing market conditions.
“When investors think of ETFs, they usually think of passive investments,” added Paul Koscik, U.S. Equity Rotation Strategy ETF manager. “The U.S. Equity Rotation Strategy represents a newer type of ETF, one that is designed to be more flexible than static and thereby [is] able to take advantage of more investment opportunities.”
Paul Koscik and Martina Cheung will be responsible for the day-to-day management of the U.S. Equity Rotation Strategy ETF.
For more information about the fund, click here.