Chesapeake Trend-Following Fixed Income ETF
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$19.1 M
Holdings in Top 10
92.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.01%
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 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TFFI - 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
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
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Legal NameChesapeake Trend-Following Fixed Income ETF
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Fund Family NameN/A
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Inception DateFeb 24, 2026
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Shares OutstandingN/A
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Share ClassN/A
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CurrencyUSD
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Domiciled CountryUS
Fund Description
The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing pursuant to a long-term trend following program developed by the Fund’s investment sub-adviser, Chesapeake Capital Corporation (“Chesapeake” or the “Sub-Adviser”), that focuses on the fixed-income asset class (the “Fixed Income Program”). A trend following program is a trading strategy that seeks to identify and profit from directional price movements in financial markets. The Fixed Income Program generates long and short trade signals across global fixed income markets based on market indicators such as current prices and moving average prices. The Sub-Adviser’s trade decisions are primarily automated, relying on computer-driven models to identify buying and selling opportunities. The Program seeks to preserve capital while also seeking to provide positive annual returns.
The Fixed Income Program analyzes various market metrics, including price action, market volatility, open interest, and daily trading volume, to identify market opportunities and recurring price patterns. The data comes from a wide array of markets, such as U.S. and non-U.S. fixed income notes and bonds, ETFs, and fixed income futures. Frequent buying and selling of portfolio holdings may occur to seek to achieve the Fund’s investment objective, which may result in a high annual portfolio turnover rate. The Fixed Income Program analyzes multiple market metrics to generate trend-following trade signals (i.e., investment decisions).
The Fund will invest both long and short in exchange-traded fixed income futures contracts, other ETFs providing exposure to the fixed income asset class, and options on each of the foregoing. The Fund’s specific fixed income exposures obtained through these instruments may include, but are not limited to, the following:
| ● | Government debt issued by the U.S. (such as U.S. Treasuries) as well as foreign countries (including those located in emerging markets). |
| ● | Corporate bonds of U.S. and foreign issuers (including those located in emerging markets), which may include bonds that are considered high-yield (sometimes referred to as “junk bonds”) |
| ● | Municipal bonds |
| ● | Preferred stock |
| ● | Convertible securities |
To gain exposure to movements in interest rates, the Fund may also invest in equity securities of companies (or ETFs that invest in such companies) that have been historically correlated (positively or negatively) to interest rate movements. Examples of such companies may include financial services companies, asset managers, real estate-related companies, or other issuers whose revenues, balance sheets, or financing costs may be influenced by interest rate movements. Such investments are used selectively to express interest rate-related themes and are not intended to replace the Fund’s primary fixed income exposures.
The Fund may also invest in forward foreign currency contracts to seek to hedge the Fund’s exposures to its investments denominated in foreign currencies.
Cash Strategy
The Fund’s cash strategy will principally be used for margin and collateral purposes for the Fund’s derivatives transactions. The Fund will invest in short-term U.S. Treasury securities (i.e., with a duration of 5 years or less), money market funds, cash, ETFs and other cash equivalents.
Other Fund Attributes
Under normal circumstances, the Fund will invest at least 80% of the value of its assets, plus borrowings for investment purposes, in securities or instruments that provide exposure to the fixed income asset class. For the purposes of this policy, derivatives will be valued at their notional value.
The Fund’s strategy is expected to result in a high annual portfolio turnover rate.
The derivative instruments in which the Fund may invest, including options, futures and forwards, provide the economic effect of financial leverage by creating additional investment exposure to the underlying asset.
The Fund is classified as “non-diversified” under the 1940 Act.
TFFI - Performance
Return Ranking - Trailing
| Period | TFFI 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 | TFFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 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 |
Total Return Ranking - Trailing
| Period | TFFI 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 | TFFI Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | N/A | N/A | N/A | N/A |
| 2024 | N/A | N/A | N/A | N/A |
| 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 |
TFFI - Holdings
Concentration Analysis
| TFFI | Category Low | Category High | TFFI % Rank | |
|---|---|---|---|---|
| Net Assets | 19.1 M | N/A | N/A | N/A |
| Number of Holdings | 48 | N/A | N/A | N/A |
| Net Assets in Top 10 | 17.7 M | N/A | N/A | N/A |
| Weighting of Top 10 | 92.50% | N/A | N/A | N/A |
Top 10 Holdings
- First American Government Obligations Fund 37.18%
- iShares National Muni Bond ETF 10.85%
- iShares TIPS Bond ETF 9.09%
- Vanguard Short-Term Corporate Bond ETF 8.78%
- iShares Preferred and Income Securities ETF 6.57%
- State Street SPDR Bloomberg Convertible Securities ETF 6.51%
- Vanguard Intermediate-Term Corporate Bond ETF 4.55%
- iShares MBS ETF 4.30%
- iShares J.P. Morgan USD Emerging Markets Bond ETF 3.28%
- Blackstone Mortgage Trust Inc 1.39%
Asset Allocation
| Weighting | Return Low | Return High | TFFI % Rank | |
|---|---|---|---|---|
| Stocks | 55.05% | N/A | N/A | N/A |
| Cash | 43.18% | N/A | N/A | N/A |
| Other | 1.77% | N/A | N/A | N/A |
| Preferred Stocks | 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 | TFFI % 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 | TFFI % Rank | |
|---|---|---|---|---|
| US | 55.05% | N/A | N/A | N/A |
| Non US | 0.00% | N/A | N/A | N/A |
TFFI - Expenses
Operational Fees
| TFFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.01% | N/A | N/A | N/A |
| Management Fee | 0.89% | 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
| TFFI 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
| TFFI 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.
| TFFI Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | N/A | N/A | N/A |
TFFI - Distributions
Dividend Yield Analysis
| TFFI | Category Low | Category High | TFFI % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | N/A | N/A | N/A |
Dividend Distribution Analysis
| TFFI | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None |
Net Income Ratio Analysis
| TFFI | Category Low | Category High | TFFI % Rank | |
|---|---|---|---|---|
| Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
| TFFI | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency |