ATAC Launches New Credit Rotation ETF


Michael A. Gayed, Portfolio Manager at Toroso Investments, is pleased to announce ATAC’s new ETF, the ATAC Credit Rotation ETF (ticker: JOJO). This is the second ETF in the ATAC Family of Tactical Rotation Funds built off the findings of Gayed’s award-winning research on historically proven leading indicators to volatility.

JOJO uses the relative behavior of the Utilities sector to the broad stock market to allocate offensively into high yield corporate bond ETFs or defensively into Treasuries. As outlined in his 2014 Dow Award-winning paper, “An Intermarket Approach to Beta Rotation,” historically, Utilities lead an advance of higher average volatility for the stock market, which, in turn, precedes credit spread widening environments. The ATAC Credit Rotation ETF is designed to rotate “risk-on, and risk-off” to take advantage of flight to safety trades in Treasuries and dislocations in high yield bonds when they occur. The active and dynamic nature of the strategy lends itself to the potential for monthly yield and total return across multiple market cycles. 

“For me, both personally and professionally, this is a major launch,” said Gayed. “It’s my first risk-on, risk-off bond strategy, and at Toroso, we look forward to engaging with financial advisors and individual investors who are clamoring for a different approach to their fixed-income allocations.”

There are several benefits associated with ATAC Funds, including portfolio diversification and an increased ability to mitigate risk in times of stress because the funds have the ability to rotate fully into Treasury bond ETFs ahead of periods of market stress and potentially generate positive returns in both up and down conditions.

JOJO is managed by Toroso Investments, LLC, an independent registered investment advisor. Learn more about the fund  here. 

About Toroso Asset Management 

Toroso Asset Management is an investment management company registered with the SEC as an RIA (Registered Investment Advisor) specializing in ETF-focused research, investment strategies, and services designed for financial advisors, RIAs, family offices, and investment managers.

About Michael A. Gayed
Michael A. Gayed, CFA, is the Portfolio Manager of the ATAC Rotation Fund, ATAC US Rotation ETF “RORO”, and now the ATAC Credit Rotation ETF (“JOJO”)  at Toroso Investments. With his market research dating back to 2014, he is the co-author of five award-winning research papers on market anomalies and investing. Gayed was an active contributor to MarketWatch and has been interviewed on CNBC, Bloomberg, and Fox Business, as well as the Wall Street Journal Live for his unique approach to interpreting market movements. His analysis has also been featured by Marc Faber of the Gloom, Boom and Doom Report. Gayed earned his Bachelor of Science degree with a double major in Finance & Management at NYU Stern School of Business. He became a CFA Charter holder in 2008.

For media inquiries, contact:

Michael Gayed

844-986-7676

mgayed@torosoinv.com 

The Fund’s investment objectives, risks, charges, expenses and other information are described in the statutory or summary prospectus, which must be read and considered carefully before investing. You may download the statutory or summary prospectus or obtain a hard copy by calling 855-ATACFUND or visiting www.atacfunds.com. Please read the Prospectuses carefully before you invest.

Investing involves risks and the potential loss of principal. As with all ETFs, Fund shares may be bought and sold in the secondary market at market prices. The market price normally should approximate the Fund’s net asset value per share (NAV), but the market price sometimes may be higher or lower than the NAV. The Fund is new with a limited operating history.

Because the Fund expects to change its exposure as frequently as weekly based on short-term performance information, the Fund’s exposure may be affected by significant market movements at or near the end of a short-term period.

Debt securities are subject to the risk of an issuer’s (or other party’s) failure or inability to meet its obligations under the security. Multiple parties may have obligations under debt security. An issuer or borrower may fail to pay principal and interest when due.  The prices of fixed income securities may be affected by changes in interest rates, the creditworthiness and financial strength of the issuer, and other factors. An increase in prevailing interest rates typically causes the value of existing fixed income securities to fall and often has a greater impact on longer duration and/or higher quality fixed income securities.

Distributed by Foreside Fund Services, LLC.

Source: Toroso Investments

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