| Fund Description |
| The FormulaFolios Tactical Income ETF seeks to provide steady income by accentuating the fixed-income asset classes showing the greatest potential for stable long term returns with minimal risk. This Fund uses a proprietary investment model to rank 5 major fixed income asset classes (US treasuries, investment grade US bonds, high-yield US bonds, US aggregate bond, and international government bond) based on the strongest combination of yield spread and price momentum (higher price momentum and lower yield spreads). Following the ranking process, the three highest-ranked asset classes are allocated to the Fund, while the two lowest ranked asset classes are left out of the Fund. When few (2 or fewer) or none of the asset classes meet the model s price momentum criteria, the Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing. |
| Fund Profile |
| Fund Name |
FormulaFolios Tactical Income ETF |
| Fund Exchange Ticker |
FFTI |
| Fund Sponsor |
FormulaFolio Investments |
| Fund ISIN |
US66538H6669 |
| Net Expense Ratio |
1.00 % |
| Fund Inception Date |
6 June 2017 |
| Fund Legal Structure |
ETF (Open end fund) |
| Exchange |
BATS |
| Listing Country Code |
US |
| Fund Investment Objective |
| ETF Type Specific |
Bonds - Broad Market |
| Asset Class |
Bonds |
| Index Linked |
Active |
| Index Name |
Not Applicable |
| Index Provider |
Not Applicable |
| Currency Hedged |
No |
| Inverse / Leveraged |
Not Applicable |
| Developed / Emerging |
Developed Market Funds |
| Bond Type |
Broad Market |
| Credit Quality |
Fund Holds Both Investment Grade & High Yield |
| Average Maturity |
Fund Holds All Maturity Ranges |
| Bond Currency Denomination |
USD |
| Key Statistics |
| Return As of Date |
5 December 2022 |
| Asset Under Management |
93.87 Million (USD) |
| 1 Month Total Return |
2.84 % |
| Year To Date Return |
-13.09 % |
| 1 Year Total Return |
-12.71 % |
| 3 Year Annualized Total Return |
-4.27 % |
| NAV |
20.63 |
| Share Outstanding |
4,550,000 |