Leuthold Core ETF
We believe that purchasing a collection of asset classes has the potential to provide steady growth and foster long-term investment success. Adding the element of flexibility toward portfolio weightings will complement the asset diversification and increase the opportunities to make the most of special market and economic attributes that surface as business cycles evolve.
ETF Summary
-
Fund Inception:
1/6/2020 -
Ticker:
LCR -
Net Assets:
$14,928,344 -
Shares Outstanding:
500,000 -
Primary Exchange:
NYSE -
CUSIP:
527289 789 -
Fund Type:
Tactical Asset Allocation -
Investment Objective:
Capital appreciation and income (or "total return") -
Management Fee:
0.50% -
Other Expenses:
0.62% -
Acquired Fund Fee & Expenses:
0.21% -
Expense Reimbursement:
-0.47 -
Total Annual Fund Operating Expenses After Expense Reimbursement:
0.86% -
Portfolio Managers:
Doug Ramsey, Scott Opsal, Chun Wang -
Number of Holdings:
31
Fund Prices
as of June 17, 2021| NAV | Price | ||
|---|---|---|---|
| Net Asset Value | $29.86 | Closing Price | $29.88 |
| Daily Change | $-0.18 | Daily Change | $-0.16 |
| Daily Change | -0.59% | Daily Change | -0.53% |
| Premium/Discount | 0.09% | ||
| Bid-Ask Spead (30 day median) | 0.23% |
Month End Performance
as of May 31, 2021Cumulative
| 1 MO. | 3 MO. | 6 MO. | SINCE INCEPTION | |
|---|---|---|---|---|
| Fund NAV | 1.20% | 5.91% | 10.63% | 21.90% |
| Closing Price | 1.11% | 5.62% | 10.65% | 21.89% |
Avg. Annualized
| 1 YR. | 3 YR. | 5 YR. | SINCE INCEPTION | |
|---|---|---|---|---|
| Fund NAV | 22.47% | NA% | NA% | 15.10% |
| Closing Price | 22.05% | NA% | NA% | 15.09% |
Quarter End Performance
as of March 31, 2021Cumulative
| 1 MO. | 3 MO. | 6 MO. | SINCE INCEPTION | |
|---|---|---|---|---|
| Fund NAV | 1.60% | 2.93% | 9.79% | 16.94% |
| Closing Price | 1.37% | 2.94% | 9.71% | 16.99% |
Avg. Annualized
| 1 YR. | 3 YR. | 5 YR. | SINCE INCEPTION | |
|---|---|---|---|---|
| Fund NAV | 28.95% | NA% | NA% | 13.44% |
| Closing Price | 29.19% | NA% | NA% | 13.48% |
All Holdings Top 10 Holdings
| Percentage of Net Assets | Name | Identifier (Cusip) | Shares Held | Market Value |
|---|---|---|---|---|
| 13.30% | SELECT SECTOR SPDR TR TECHNOLOGY | XLK (81369Y803) | 13,846 | $1,985,516.40 |
| 11.55% | ISHARES TR 1 3 YR TREAS BD | SHY (464287457) | 20,016 | $1,724,878.80 |
| 6.43% | Cash & Other | Cash&Other | $959,575.07 | |
| 5.76% | SELECT SECTOR SPDR TR SBI CONS DISCR | XLY (81369Y407) | 4,966 | $859,465.62 |
| 5.33% | ISHARES TR US HLTHCR PR ETF | IHF (464288828) | 3,010 | $795,272.10 |
| 5.05% | SELECT SECTOR SPDR TR COMMUNICATION | XLC (81369Y852) | 9,481 | $753,834.31 |
| 5.04% | DIREXION SHS ETF TR DLY S&P500 BR 1X | SPDN (25460E869) | 46,655 | $751,845.33 |
| 4.70% | ISHARES TR US BR DEL SE ETF | IAI (464288794) | 7,073 | $701,995.25 |
| 4.16% | ISHARES GOLD TR ISHARES NEW | IAU (464285204) | 18,386 | $620,527.50 |
| 3.98% | SPDR BARCLAYS CAPITAL INTL TREASURY BOND ETF | BWX (78464A516) | 20,195 | $594,136.90 |
| 3.56% | FIDELITY COVINGTON TRUST MSCI MATLS INDEX | FMAT (316092881) | 11,588 | $531,371.59 |
| 3.53% | FIDELITY COVINGTON TRUST MSCI FINLS IDX | FNCL (316092501) | 10,234 | $526,822.68 |
| 3.52% | SPDR SER TR S&P REGL BKG | KRE (78464A698) | 7,976 | $525,458.88 |
| 3.16% | VANGUARD MALVERN FDS STRM INFPROIDX | VTIP (922020805) | 9,042 | $471,992.40 |
| 2.70% | ISHARES TRUST DJ HOME CONSTN | ITB (464288752) | 6,020 | $403,520.60 |
| 1.93% | FIDELITY COVINGTON TRUST MSCI INDL INDX | FIDU (316092709) | 5,418 | $288,167.45 |
| 1.80% | INVESCO CURRENCYSHARES EURO TR EURO SHS | FXE (46138K103) | 2,411 | $268,296.08 |
| 1.69% | ISHARES TR FLTG RATE NT ETF | FLOT (46429B655) | 4,973 | $252,727.86 |
| 1.58% | SPDR SER TR BLOOMBERG SRT TR | SJNK (78468R408) | 8,590 | $235,967.30 |
| 1.48% | SPDR SER TR S&P SEMICNDCTR | XSD (78464A862) | 1,204 | $221,511.92 |
| 1.46% | SPDR SER TR S&P METALS MNG | XME (78464A755) | 5,117 | $217,523.67 |
| 1.35% | INVESCO EXCH TRADED FD TR II MSCI GBL TIMBR | CUT (46138E545) | 5,418 | $201,061.98 |
| 1.32% | SPDR SER TR BLOMBRG BRC INTL | IBND (78464A151) | 5,425 | $197,524.25 |
| 1.23% | SPDR SER TR S&P RETAIL ETF | XRT (78464A714) | 1,956 | $182,886.00 |
| 1.21% | SPDR SER TR S&P HOMEBUILD | XHB (78464A888) | 2,558 | $180,492.48 |
| 0.86% | INVESCO CURRENCYSHARES JAPANES JAPANESE YEN | FXY (46138W107) | 1,507 | $128,712.87 |
| 0.58% | ISHARES TR 20 YR TR BD ETF | TLT (464287432) | 603 | $86,253.12 |
| 0.55% | ISHARES TR MBS ETF | MBB (464288588) | 754 | $81,537.56 |
| 0.52% | ISHARES BARCLAYS TIPS BOND FUND | TIP (464287176) | 609 | $77,422.17 |
| 0.41% | VANECK VECTORS ETF TR JP MORGAN MKTS | EMLC (92189H300) | 1,959 | $61,512.60 |
| 0.27% | INVESCO CURRENCYSHARES BRIT PO BRIT POUN STRL | FXB (46138M109) | 301 | $40,418.28 |
The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The Prospectus contains this and other information about the Fund. For a current Prospectus, call toll-free 1-866-306-8117. Please read the Prospectus carefully before you invest. Investing involves risk, including the possibility of loss of principal.
Market returns are based on the midpoint of the bid/ask spread at 4 p.m. ET and do not represent the returns an investor would receive if shares were traded at other times. The Adviser has voluntarily agreed to reimburse fees. This agreement may change or end at any time. Performance would have been lower without expense reimbursement in effect.
Risks of Investing in the Fund
Asset Allocation Risk: The Fund may favor an asset category or investment strategy that performs poorly to other asset categories and investment strategies for short or long periods of time.
Foreign and Emerging Markets Securities Risk: Investments in securities and instruments traded in developing or emerging markets, or that provide exposure to such securities, can involve additional risks relating to political, economic, or regulatory conditions not associated with investment in U.S. securities and instruments.
Market Risks: Common stocks are susceptible to general stock market fluctuations and to volatile increases and decreases in value as market confidence and perceptions of their issuers change.
Fixed Income Securities Risk: Issuers of bonds may not be able to make interest or principal payments, or may suffer adverse changes in financial condition that could lower the credit quality.
Quantitative Investment Approach Risk: The Fund utilizes a quantitative investment approach. There may be market conditions where the quantitative investment approach performs poorly.
Managed Futures Strategy/Commodities Risk: Investments in managed futures programs or commodities may subject an Underlying Investment to greater volatility than investments in traditional securities.
Sector Risk: The Fund’s investing approach may dictate an emphasis on certain sectors, industries, or sub-sectors of the market. The Fund may invest more heavily in one sector, industry, or sub-sector; or may lack exposure to one or more sectors, which may adversely affect performance.
Distributor: Compass Distributors, LLC