LET'S TALK THY
Thank you for your interest in THY. Please fill out the form below to get in touch with us.
LET'S TALK THY
Thank you for your interest in THY. Please fill out the form below to get in touch with us.
SEEKING YIELD, GROWTH, RISK MANAGEMENT
Manage the risk of extreme losses while participating in rising markets.
- Core bond holding
- Distribution planning for active retirement/income phase or accumulation/earlier investing phase
- Complement core equity to potentially lower overall portfolio risk
OUR PROCESS
1
BALANCED TOTAL RETURN
Aims to balance consistent income generation with capital preservation through active, non-correlated risk hedging strategies that strive to manage volatility and defend against credit and interest rate shocks.
2
RESPONSIVE HEDGE
Rules-based process quickly responds to changes in market momentum seeking to minimize loss and limit drawdowns by reallocating to assets like aggregate bonds, short-term Treasuries, cash or equivalents during unfavorable conditions.
3
FLEXIBLE, ADAPTIVE FIXED INCOME
Targets specific high yield segments seeking income and growth in rising markets and defensively pivots to shorter-duration assets when risk increases.
FUND FACTS
| ETF Data | |
|---|---|
| Ticker | THY |
| CUSIP | 66538J738 |
| Inception Date | June 25, 2020 |
| NAV | $22.47 |
| Market Price Close | $22.48 |
| Premium/Discount | $0.01 |
| Net Expense Ratio | 1.15% |
| Gross Expense Ratio | 1.59% |
| Net Assets | $57,309,956.48 |
| Shares Outstanding | 2,550,000 |
| 30 Day Median Bid/Ask Spread* | 0.18% |
| Volume | 35456 |
| Exchange | NYSE |
| Distribution Schedule | Annual |
N-PX Report 
Top holdings
as of 2025.08.12| Name | Symbol | Weight (%) | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|
| ISHARES F A ETF | FALN | 24.84 | 27.09 | 525600 | 14,238,504.00 |
| ISHARES BROAD US | USHY | 24.69 | 37.39 | 378500 | 14,150,222.50 |
| SPDR PORT HY BD | SPHY | 24.60 | 23.68 | 595300 | 14,096,704.00 |
| XTRACKERS USD HI | HYLB | 24.53 | 36.75 | 382600 | 14,060,550.00 |
| BBH SWEEP VEHICLE | 9BBH | 1.37 | 100.00 | 782421 | 782,421.12 |
| Receivables/Payables | RECPAY | -0.03 | 1.00 | -19855 | -19,854.99 |
Important Risk Information:
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Past performance is no guarantee of future results. Please review the Fund’s prospectus for more detail on the expense waiver. Without these waivers, the Fund’s total annual operating expenses would be 1.59%. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until August 31, 2025, to ensure that the net annual Fund operating expenses will not exceed 0.95%, subject to possible recoupment from the Fund in future years. Results shown reflect the waiver, without which the results could have been lower. A fund’s performance, especially for very short periods of time, should not be the sole factor in making your investment decisions. For performance information current to the most recent month-end, please call toll-free 877-558-6397.
Market price returns are calculated using the closing price and account for distributions from the funds.
Net asset value (NAV) is the value of an entity’s assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.
The Fund’s use of futures contracts involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. These risks include leverage risk and correlation or tracking risk. Because futures require only a small initial investment in the form of a deposit or margin, they involve a high degree of leverage. The fund may have options risk. Options are subject to changes in the underlying securities or index of securities on which such instruments are based. The fund may invest in ETFs. ETFs are subject to investment advisory fees and other expenses, which will be indirectly paid by the Fund. As a result, your cost of investing in the Fund will be higher than the cost of investing directly in ETF’s and may be higher than other mutual funds that invest directly in securities. There is equity risk, as the price of equity securities may rise or fall because of changes in the broad market or changes in a company’s financial condition, sometimes rapidly or unpredictably.
ETFs involve risk including possible loss of principal. An investor should consider the ETFs investment objectives, risks, charges, and expenses carefully before investing. This and other information about the ETF is contained in the prospectus, which can be obtained by calling 877-558-6397. Please read the prospectus carefully before investing. The Toews Funds Agility Shares Dynamic Tactical Income ETF is distributed by Northern Lights Distributors LLC, member FINRA/SIPC. Toews Corporation is not affiliated with Northern Lights, LLC.
(*) The median bid-ask spread is calculated by identifying the national best bid and national best offer (“NBBO”) for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.