Elevation Series Trust TrueShares Quarterly Bear Hedge ETFElevation Series Trust TrueShares Quarterly Bear Hedge ETFElevation Series Trust TrueShares Quarterly Bear Hedge ETF

Elevation Series Trust TrueShares Quarterly Bear Hedge ETF

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Key stats


Assets under management (AUM)
‪108.23 M‬USD
Fund flows (1Y)
‪107.73 M‬USD
Dividend yield (indicated)
1.36%
Discount/Premium to NAV
−0.008%

About Elevation Series Trust TrueShares Quarterly Bear Hedge ETF


Issuer
Truemark Group LLC
Brand
TrueShares
Expense ratio
0.79%
Inception date
Jun 28, 2024
Index tracked
No Underlying Index
Management style
Active
QBER seeks to benefit from tail risk or declines in the US large-cap equity market. The actively managed fund aims for protection during high volatility environments while maintaining potential for income. The fund aims to select high-quality short-term debt securities with about three months to maturity. It then mitigates equity risk through the utilization of put options. At the start of each quarter, the fund purchases out-of-the money or at-the-money put options. The adviser evaluates the relative prices of options and selects those with the highest expected return based on market volatility. When the value of the large-cap equity market is below the put options strike price, it finishes in-the-money and may generate positive returns. The fund may employ more complex option strategies, such as box spreads. Income and actual principal value protected are expected to be at least 98% on a quarter-to-quarter basis.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government99.23%
Mutual fund1.45%
Rights & Warrants0.65%
Cash−1.34%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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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.