SoFi Weekly Income ETF

Frequently Asked Questions About TGIF

What does TGIF invest in?

The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective, under normal circumstances, by investing in U.S.-dollar denominated investment grade and non-investment grade (also known as "high-yield" or "junk") fixed income securities and instruments and expects to distribute income from its investments to shareholders weekly. It may invest in a variety of fixed income instruments with a fixed or floating (variable) interest rate. The fund is non-diversified.

What is the expense ratio of TGIF?

SoFi Weekly Income ETF (TGIF) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TGIF?

SoFi Weekly Income ETF (TGIF) manages $17.0M 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 TGIF actively managed or an index fund?

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

When was TGIF launched?

SoFi Weekly Income ETF (TGIF) launched in October 2020 and is managed by the fund issuer.

How has TGIF performed?

TGIF'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.