Cabana Target Drawdown 13 ETF

Frequently Asked Questions About TDSD

What does TDSD invest in?

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective with limited volatility and reduced correlation to the overall performance of the equity markets by allocating its assets among the following five major asset classes – equities, fixed income securities, real estate, currencies, and commodities. The Sub-Adviser’s target drawdown for the fund is 13%; however, there can be no assurance, and the fund, the Adviser, and the Sub-Adviser do not represent or guarantee, that this target will be maintained.

What is the expense ratio of TDSD?

Cabana Target Drawdown 13 ETF (TDSD) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TDSD?

Cabana Target Drawdown 13 ETF (TDSD) manages $69.5M 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 TDSD actively managed or an index fund?

TDSD is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TDSD's is 0.82%) in exchange for the discretion to over- or under-weight positions.

When was TDSD launched?

Cabana Target Drawdown 13 ETF (TDSD) launched in September 2020 and is managed by the fund issuer.

How has TDSD performed?

TDSD'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.