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Trending ETFs

Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.46

$270 M

1.78%

$0.49

0.42%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$270 M

Holdings in Top 10

75.7%

52 WEEK LOW AND HIGH

$27.3
$24.75
$27.46

Expenses

OPERATING FEES

Expense Ratio 0.42%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 07/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$27.46

$270 M

1.78%

$0.49

0.42%

TBFG - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 1.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    The Brinsmere Fund - Growth ETF
  • Fund Family Name
    N/A
  • Inception Date
    Jan 16, 2024
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund is an actively managed fund of funds, which seeks to achieve its investment objective by investing in a globally diversified portfolio of equity and bond markets.
The Fund systematically adjusts its holdings using two proprietary strategies developed by the Fund’s investment adviser, The Milwaukee Company (the “Adviser”), that are run independently. Those strategies are the Systematic Market Beta Strategy (“SMB”) and the Classic Asset Allocation Revisited Strategy (“CAAR”). SMB and CAAR systematically rebalance the underlying funds in which the Fund may invest based on a set of proprietary risk-management techniques. The Adviser may occasionally deviate from the model portfolio directed by a strategy’s algorithm when the data utilized by the strategy does not reflect current market conditions, in the Adviser’s sole discretion.
The underlying funds in which the SMB strategy may invest represent distinct asset classes, such as (1) the aggregate U.S. equity market, (2) large-capitalization U.S. equities, (3) small-cap U.S. equities, (4) U.S. real estate sector equities through a broad real estate index-based ETF, (5) the aggregate U.S. bond market, (6) short-term U.S. Treasuries, and (7) diversified commodity exposure through No K-1 ETFs, which may hold futures contracts.
The underlying funds in which the CAAR strategy may invest represent distinct asset classes, such as (1) large-cap U.S. equities, (2) mid-cap U.S. equities, (3) small-cap U.S. equities, (4) U.S. mortgage-backed securities, (5) the aggregate foreign
equity market, (6) foreign developed market equities, (7) foreign emerging market equities, (8) the aggregate U.S. bond market, and (9) U.S. Treasuries.
The Adviser plans to allocate the Fund's portfolio using a combination of both SMB and CAAR strategies. This allocation decision will be based on factors like risk assessment, market movements, and other considerations.
SMB
SMB is a rules-based, tactical asset allocation investment strategy that seeks to reduce risk and enhance performance by adjusting asset allocations based on its risk assessment, as determined by a set of proprietary indicators (the “SMB Equity Risk Indicator”). SMB’s goal is to capture market beta, while limiting volatility by hedging the risk of an extended bear market for stocks, bonds, or both.
When market risk is estimated to be low to moderate, SMB will invest in a “market beta portfolio” that is reflective of the broad stock and bond markets. When either the stock or bond market (or both) appear to be vulnerable to an extended decline, SMB will adopt a relatively conservative approach by lessening exposure to those securities that are most susceptible to the risk at hand. The Fund, through its exposure to the underlying funds, can invest in fixed income securities with varying quality and maturity.
SMB assesses stock market risk by modeling the performance of a basket consisting of the 500 largest U.S. companies on two fronts: (1) price-trend behavior, based on several measures of moving averages over varying time frames; and (2) return volatility using the standard deviation for various rolling periods for daily return.
The SMB Equity Risk Indicator is dynamic and interacts with the basket’s price trend and return volatility to adapt to changing market conditions for optimizing risk management. If the price trend is bullish, the aggregate volatility signal determines risk-on and risk-off conditions. By contrast, if the price trend is bearish, the price trend signal dominates and determines how long a risk-off condition applies.
When risk-on is indicated for equities, SMB’s equity exposure is invested in a portfolio of index-tracking ETFs that correspond to the asset classes referenced above. When risk-off is signaled for equities, the allocation to stocks is reduced and the proceeds are rotated into short-term U.S. Treasuries.
Bond market risk is evaluated using a two-factor model that estimates the probability of interest rates rising or falling in the near term. This indicator is derived from (1) a fair-value model of the 10-year Treasury yield, and (2) trending behavior for several Treasury market yields. When risk-off is signaled for bonds, a portion of the allocations to short-, medium-, and long-term bonds are rotated into low-duration bond funds.
The indicators are tracked daily, and the changes are implemented in short order following the detection of a change in signal. In addition to the signal-based trigger, SMB also incorporates a drift-based monthly rebalance, which takes place when the securities drift outside their pre-determined tolerance bands.
CAAR
CAAR is a rules-based, tactical asset allocation investment strategy that uses a statistical process known as “mean-variance optimization” to tactically adapt its portfolio to changing market conditions. The CAAR investment universe includes a wide range of index-tracking ETFs that are tied to well-established market risk factors (such as market capitalization, value, and size).
The Fund uses a version of CAAR that seeks to create a growth-focused portfolio with the highest expected return for a given set of constraints that are consistent with a growth investment objective using the critical line algorithm.
CAAR further refines the optimization process to manage the volatility of the portfolio by adjusting some of those constraints based on stock market volatility as measured by the recent values VIX® Index, a market-based estimate of 30-day expected volatility of a basket consisting of the 500 largest U.S. companies.
CAAR also places floors and caps on the model portfolio’s targeted exposure to equities. For the Fund, CAAR’s equity floor target is 35% and the equity cap target is 85%. CAAR’s model portfolio is re-evaluated, and the necessary changes are implemented at the beginning of every month.
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TBFG - Performance

Return Ranking - Trailing

Period TBFG Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period TBFG Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period TBFG Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period TBFG Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

TBFG - Holdings

Concentration Analysis

TBFG Category Low Category High TBFG % Rank
Net Assets 270 M N/A N/A N/A
Number of Holdings 25 N/A N/A N/A
Net Assets in Top 10 210 M N/A N/A N/A
Weighting of Top 10 75.72% N/A N/A N/A

Top 10 Holdings

  1. Vanguard Total Stock Market ETF 16.92%
  2. Vanguard Value ETF 9.95%
  3. Vanguard Growth ETF 9.06%
  4. Vanguard Short-Term Treasury ETF 8.86%
  5. Invesco QQQ Trust Series 1 7.05%
  6. SPDR SP 500 ETF Trust 6.82%
  7. Vanguard Small-Cap ETF 5.77%
  8. Vanguard Mega Cap Growth ETF 5.19%
  9. Invesco SP 500 Equal Weight ETF 3.19%
  10. Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF 2.90%

Asset Allocation

Weighting Return Low Return High TBFG % Rank
Stocks
99.61% N/A N/A N/A
Cash
0.53% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High TBFG % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High TBFG % Rank
US
99.61% N/A N/A N/A
Non US
0.00% N/A N/A N/A

TBFG - Expenses

Operational Fees

TBFG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.42% N/A N/A N/A
Management Fee 0.35% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

TBFG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

TBFG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TBFG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

TBFG - Distributions

Dividend Yield Analysis

TBFG Category Low Category High TBFG % Rank
Dividend Yield 1.78% N/A N/A N/A

Dividend Distribution Analysis

TBFG Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

TBFG Category Low Category High TBFG % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

TBFG Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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TBFG - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A