ONOF is designed to maintain exposure to the equity markets when the trending environment is positive, and then move to a risk-off position when that trend reverses.
ONOF incorporates moving average, convergence/ divergence (MACD), drawdown, and volatility as indicators to shift between equity and fixed income exposure – each receiving an equal vote in the strategy.
The strategy seeks to mitigate the extent of drawdowns while remaining invested in equities as much as possible.
| Key Information |
| Trading Details |
| Distributions |
| Taxes |
| NAV | $39.46 | Daily Change | -$0.51 | -1.28% |
| Market Price | $39.47 | Daily Change | -$0.50 | -1.25% |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| 1 Year | 13.58% | 13.45% | 14.06% |
| 3 Years | 11.43% | 11.42% | 11.93% |
| 5 Years | 8.36% | 8.31% | 8.74% |
| Since Inception | 8.78% | 8.76% | 9.10% |
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 8.05 | NVDA | NVIDIA CORP | 2379504 | 225.32 | 54,429 | 12,263,942.28 |
| 6.56 | AAPL | APPLE INC | 2046251 | 300.23 | 33,295 | 9,996,157.85 |
| 4.73 | MSFT | MICROSOFT CORP | 2588173 | 421.92 | 17,070 | 7,202,174.40 |
| 3.88 | AMZN | AMAZON.COM INC | 2000019 | 264.14 | 22,392 | 5,914,622.88 |
| 3.54 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 396.78 | 13,601 | 5,396,604.78 |
| 3.06 | GOOG | ALPHABET INC-CL C | BYY88Y7 | 393.32 | 11,854 | 4,662,415.28 |
| 3.03 | AVGO | BROADCOM INC | BDZ78H9 | 425.19 | 10,838 | 4,608,209.22 |
| 2.16 | TSLA | TESLA INC | B616C79 | 422.24 | 7,788 | 3,288,405.12 |
| 2.05 | META | META PLATFORMS INC | B7TL820 | 614.23 | 5,082 | 3,121,516.86 |
| 1.77 | BKLC | BNY MELLON US LRG CAP COR | BKY6348 | 141.36 | 19,045 | 2,692,201.20 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.