800-511-9390 | contactus@toewscorp.com

BEHAVIORAL INVESTING INSTITUTE

mrsk-hot-hair-balloon
ticker-mrsk

DON'T LET BUFFERS TIE YOU DOWN

LET’S TALK MRSK

ALWAYS HEDGED EQUITIES

  • Designed to participate in bull markets while maintaining a managed amount of risk.
  • Always long equities and hedged against downturns.
  • Overall the fund is designed to seek equity-like returns in a bull market and attempt to limit losses in a market downturn.

OUR PROCESS

1

SEEKS FULL MARKET EXPOSURE

The foundation of the portfolio is an allocation to equities in the form of Index ETFs and Index Futures.

2

HEDGE

We seek to minimize loss through the implementation of an options strategy. We purchase at-or-near-the-money two-year equity index put options, rolled annually.

3

PREMIUM

The fund attempts to mitigate the cost of hedging strategy by writing out-of-the money equity index calls and put options spreads.

FUND FACTS

ETF Data
Ticker MRSK
CUSIP 66538J720
Inception Date June 25, 2020
NAV $30.30
Market Price Close $30.29
Premium/Discount $-0.01
Net Expense Ratio 0.97%
Gross Expense Ratio 1.34%
Net Assets $131,068.239.87
Shares Outstanding 4,325,000
30 Day Median Bid/Ask Spread* 0.33%
Volume 17970
Exchange NYSE
Distribution Schedule Annual
Quarterly Premium/Discount Report Download file

Top holdings

calendaras of 2024.07.12
NameSymbolWeight (%)Market Price ($)Shares HeldMarket Value ($)
VANGUARD S&P 500VOO71.48514.55224740115,639,967.00
ISHARES-C S&P500IVV16.45563.044728026,620,531.20
BBH SWEEP VEHICLE8.00100.001293767612,937,676.83
S&P500 EMINI OPTN Dec25PESZ5P 5300 INDEX3.91208.256076,320,387.50
US DOLLAR FUTUREUSDF0.671.0010837891,083,789.30
S&P500 EMINI OPTN Sep24PESU4P 4950 INDEX0.1010.75295158,562.50
S&P500 EMINI FUT Sep24ESU4 INDEX0.005664.75710.00
Receivables/PayablesRECPAY-0.051.00-74564-74,563.34
S&P500 EMINI OPTN Sep24PESU4P 5525 INDEX-0.5661.50-295-907,125.00
Download All Holdings (.CSV) Download file

LET'S TALK MRSK

Thank you for your interest in MRSK. Please fill out the form below to get in touch with us.

LET'S TALK MRSK

Thank you for your interest in MRSK. Please fill out the form below to get in touch with us.

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 1.34%. The Fund’s investment adviser has contractually agreed to reduce its fees and/or absorb expenses of the Fund, at least until August 31, 2024, 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.

The statistics presented are defined as follows. Annualized Return is the geometric mean of the returns with respect to one year. Cumulative Return is the return on the investment in total. The index shown is The Standard & Poor’s 500 index and is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices, and is a benchmark index of large-cap stocks in the United States. The S&P 500 index price represents the total return that includes both changes in price and the effect of dividends.

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 Managed Risk 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.