WBI Bull|Bear Trend Switch US 3000 Total Return ETF

TICKER

WBIT

INCEPTION DATE

5/28/2019

NAV

$21.13
As of 08/23/2019

FUND NET ASSETS

$37.51 (MM)
As of 08/23/2019

WBI’S UNIQUE ACTIVE MANAGEMENT

WBIT utilizes a time-tested approach to combine low-cost indexing and risk management to help clients invest more successfully rather than trying to buy and hold through the market’s roller coaster of gains and losses. WBIT seeks current income with the potential for long-term capital appreciation, while also seeking to protect principal during unfavorable market conditions.

ADVANCED MARKET AND ECONOMETRIC TREND SIGNALS

Our Trend Switch models are designed to provide bull or bear trend indications that tighten or loosen WBI’s risk management system, optimizing risk and return. The Equity to Bond model used in WBIT takes an equity position if trend signals are bullish, directing exposure to all-cap stocks, and switches to the bond model when signals are bearish, investing in fixed income securities with potential for current income and long-term capital appreciation.

Documents

  • Daily Holdings:
    DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlagIncomeByPosition
    08/26/2019WBITVGLT92206C847VANGUARD SCOTTSDALE FDS LONG TERM TREAS176,73489.45000015808856.3042.14%37511962.501775000710.00
    08/26/2019WBITSPTL78464A664SPDR SERIES TRUST PORTFOLIO LN TSR376,99641.87000015784822.5242.08%37511962.501775000710.00
    08/26/2019WBITTLT464287432ISHARES TR 20 YR TR BD ETF38,775145.9600005659599.0015.09%37511962.501775000710.00
    08/26/2019WBITCash&OtherCash&OtherCash & Other257,9941.000000257994.210.69%37511962.50177500071Y

Investing involves risk including loss of principal. The market value of debt securities held by the Fund typically changes as interest rates change, as demand for the instruments changes, and as actual or perceived creditworthiness of an issuer changes. During periods of rising interest rates, the market value of the debt securities held by the Fund will generally decline. Credit risk is the risk that an issuer will not make timely payments of principal and interest. There is also the risk that an issuer may “call,” or repay, its high-yielding bonds before their maturity dates. The debt securities that are rated below investment grade (i.e., “junk bonds”) are subject to additional risk factors such as increased possibility of default liquidation of the security and changes in value based on public perception of the issuer. An investment in the Fund varies with the success and failure of the Sub-Advisor’s investment process and strategies and the Sub-Advisor’s research, analysis, and determination of portfolio securities. The Fund’s anticipated annual portfolio turnover rate may be higher than average. A high portfolio turnover rate has the potential to (1) cause high portfolio transaction costs that could negatively impact Fund performance, and (2) result in the realization and distribution to shareholders of higher capital gains, which may subject you to a higher tax liability. For additional risks, please read the prospectus.