Amberwave Invest USA JSG Fund

Frequently Asked Questions About IUSA

What does IUSA invest in?

Under normal market conditions, the Adviser seeks to achieve the fund’s investment objective by investing in the equity securities of U.S. companies in the S&P 500 that the Adviser determines score highly on the Adviser’s proprietary jobs, security and growth (JSG) scoring methodology, while also seeking to outperform the broad equity market. The fund, however, does typically maintain a portion of its assets in cash, typically 1 to 3%.

What is the expense ratio of IUSA?

Amberwave Invest USA JSG Fund (IUSA) charges an expense ratio of 0.67%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IUSA?

Amberwave Invest USA JSG Fund (IUSA) manages $1.6M 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 IUSA actively managed or an index fund?

IUSA is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IUSA's is 0.67%) because there's no security selection cost.

When was IUSA launched?

Amberwave Invest USA JSG Fund (IUSA) launched in January 2022 and is managed by the fund issuer.

How has IUSA performed?

IUSA's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.