I just learned of this fund while listening to this Wealthion video:
https://www.youtube.com/watch?v=r355gMJWoz4
I wasn't getting much out of the video until I heard her say the fund is currently in long term treasuries, short term treasuries and gold. After hearing that, I had to look into it more.
https://www.fairleadfunds.com/tack
The fund only goes to treasuries and gold when it is in defensive mode based on its technical momentum strategy.
When in risk on mode it buys sector etfs based on its technical momentum strategy.
It doesn't sound like a horrible strategy and it looks like it did pretty well over the last year.
It does have a .70% expense ratio which isn't crazy for something so actively managed.
TACK Fairlead Tactical Sector ETF
Moderator: Global Moderator
-
- Executive Member
- Posts: 750
- Joined: Mon Oct 01, 2012 7:32 pm