Peakshares Sector Rotation ETF

Frequently Asked Questions About PSTR

What does PSTR invest in?

PSTR aims for superior investment outcomes by dynamically assessing economic, political, and market landscapes, identifying lucrative prospects, and diligently working to mitigate potential downsides. The fund's investment weighting is determined by predictive methodologies, which synthesize sector-level analysis with top-down macroeconomic factors such as prevailing industry trends, financial metrics, and anticipated returns. Complementing this, the strategy also incorporates bottom-up fundamental analysis of distinct companies. While upholding foundational investments in sectors mirrored by the S&P 500, the fund systematically reallocates capital, adjusting its selection and weighting across a wider spectrum of the domestic market. This approach is designed to generate alpha by exploiting discrepancies between its chosen sector exposures and the broader market's composition. Furthermore, to bolster profitability and create supplementary revenue, it employs a covered call option writing strategy. Investors should be aware that the fund may engage in high portfolio turnover due to frequent trading activity. Its investment universe can encompass equity exchange-traded funds (ETFs) and various derivative instruments.

What is the expense ratio of PSTR?

Peakshares Sector Rotation ETF (PSTR) charges an expense ratio of 2.88%. This is the annual fee deducted from fund assets to cover management and operations.

What is PSTR's distribution yield?

PSTR's trailing-twelve-month yield is 4.88%, calculated from the sum of distributions over the past year divided by the current price.

How does PSTR's covered-call strategy work?

PSTR sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

How big is PSTR?

Peakshares Sector Rotation ETF (PSTR) manages $67.0M 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 PSTR actively managed or an index fund?

PSTR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.