Tactical Advantage ETF

Frequently Asked Questions About FDAT

What does FDAT invest in?

This actively managed ETF operates as a "fund of funds," specifically investing in other exchange-traded funds. Family Dynasty Advisors LLC, which serves as the fund's sub-adviser, is responsible for channeling the fund's assets into ETFs that are traded on U.S. stock exchanges. The underlying ETFs selected for investment will primarily focus on either U.S. common stocks or debt instruments categorized as high-yield bonds. Additionally, the fund will maintain positions in cash and highly liquid equivalents.

What is the expense ratio of FDAT?

Tactical Advantage ETF (FDAT) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.

What is FDAT's dividend yield?

FDAT's trailing-twelve-month yield is 5.91%, calculated from the sum of dividends over the past year divided by the current price.

How big is FDAT?

Tactical Advantage ETF (FDAT) manages $36.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FDAT actively managed or an index fund?

FDAT is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (FDAT's is 0.74%) in exchange for the discretion to over- or under-weight positions.

When was FDAT launched?

Tactical Advantage ETF (FDAT) launched in April 2023 and is managed by Tactical Funds.