FFTI
FormulaFolios Tactical Income ETF
NAV as of
4 Week: 19.98 - 20.31
52 Week: 19.95 - 20.99
Latest Closing Price
20.03
Premium / Discount
-0.05
Expense Ratio
0.96%
Investment Objective
The investment seeks to provide income. The fund seeks to achieve its investment objective by investing through other exchange traded funds ("ETFs") in foreign and domestic fixed income securities. The fixed income securities in which the ETFs invest are U.S. Treasuries, investment grade U.S. bonds, high-yield U.S. bonds, U.S. aggregate bond, municipal bonds and international government bonds of any maturity and duration. The adviser uses its proprietary investment model to rank 5 major fixed income asset classes based on the strongest combination of yield spread and price momentum.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | -1.52 | 0.34 | -4.51 |
| 1 Day | 0.25 | 0.00 | 0.00 |
| 1 Week | -0.35 | 0.55 | -0.63 |
| 1 Month | -0.30 | 1.14 | -0.26 |
| 3 Months | -2.32 | 2.24 | -1.03 |
| 6 Months | -3.70 | 3.38 | -1.09 |
| 1 Year | -2.32 | 5.63 | -0.41 |
| 2 Years | -17.50 | 8.15 | -2.15 |
| 3 Years | -16.30 | 8.83 | -1.85 |
| 5 Years | -16.92 | 13.54 | -1.25 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | -3.7680 | 10.9745 | 0.0893 | 0.8955 | -13.1920 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 87.0000 | 35.0000 | 90.0000 | 75.0000 | 83.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 14/09/2023 | 19/09/2023 | 0.0460 |
| 14/08/2023 | 20/08/2023 | 0.0474 |
| 16/07/2023 | 23/07/2023 | 0.0521 |
| 14/06/2023 | 19/06/2023 | 0.0432 |
| 14/05/2023 | 21/05/2023 | 0.0432 |
| 13/04/2023 | 18/04/2023 | 0.0403 |
| 14/03/2023 | 19/03/2023 | 0.0452 |
| 15/02/2023 | 20/02/2023 | 0.0161 |
| 14/12/2022 | 20/12/2022 | 0.0836 |
| 14/11/2022 | 21/11/2022 | 0.0304 |
Portfolio Data
Total Number of Holdings: 6
Number of Bond Holdings: 0
Number of Equity Holdings: 0
Total Market Value: 69,271,814
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | iShares iBoxx $ High Yield Corp Bd ETF | 18.7748 | 533,663 | 0 | 46,428,681 |
| 2 | SPDR® Blmbg Barclays High Yield Bd ETF | 18.5843 | 423,925 | 0 | 45,957,709 |
| 3 | iShares 20+ Year Treasury Bond ETF | 11.6920 | 208,445 | 0 | 28,913,406 |
| 4 | iShares iBoxx $ Invmt Grade Corp Bd ETF | 11.1031 | 216,386 | 0 | 27,457,220 |
| 5 | iShares 7-10 Year Treasury Bond ETF | 11.0190 | 244,256 | 0 | 27,249,199 |
| 6 | Vanguard Interm-Term Corp Bd ETF | 10.8935 | 295,934 | 0 | 26,938,872 |
| 7 | VanEck Vectors High-Yield Municipal ETF | 5.5831 | 215,358 | 0 | 13,806,601 |
| 8 | iShares Preferred&Income Securities ETF | 5.3623 | 354,657 | 0 | 13,260,625 |
| 9 | Invesco Fundamental Hi Yld® Corp Bd ETF | 5.3467 | 694,071 | 0 | 13,222,053 |
| 10 | Us Dollars | 1.6411 | 4,058,269 | 0 | 4,058,269 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.00 |
| Medium | 0.00 |
| Small | 0.01 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
8.3711
Price/Book*
1.5144
Price/Sales*
0.6436
Price/Cash Flow*
2.4913
Dividend Yield*
0.0762
Growth Measures
Long-Term Earnings
3.2800
Historical Earnings
29.5940
Sales Growth
80.5514
Cash-Flow Growth
94.4799
Book-Value Growth
-6.9328
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
0
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 5.46 |
| Average Effective Maturity (Years)* | 6.96 |
| Average Credit Quality | 4.00 |
| Average Weighted Coupon* | 2.75 |
| Average Weighted Price* | 89.65 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 84.62 |
| AA | 1.55 |
| A | 6.55 |
| BBB | 7.25 |
| BB | 0.00 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | -0.01 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 29.71 |
| 3 to 5 Years | 6.71 |
| 5 to 7 Years | 6.45 |
| 7 to 10 Years | 19.41 |
| 10 to 15 Years | 1.82 |
| 15 to 20 Years | 2.70 |
| 20 to 30 Years | 13.15 |
| Over 30 Years | 0.47 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 0.01 |
| 183 to 364 Days | 0.37 |
Data Source: Morningstar
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(3) do not constitute investment advice;
(4) are provided solely for informational purposes;
(5) are not warranted to be complete, accurate or timely; and
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Morningstar and Phillip Securities Pte Ltd are not responsible for any trading decisions, damages or other losses related to the Information or its use. Please verify all of the Information before using it and don’t make any investment decision except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up.
For the most up-to-date fund’s data and information, a copy of the fund factsheet, information or prospectus may be obtained from the respective ETF issuer.
