- What does THY invest in?
- To fulfill its investment objectives, the fund's advisor principally invests in a diverse range of assets. These include various Exchange Traded Funds (ETFs), as well as derivative instruments like options that are tied to ETFs, individual stocks, and broader market indices. The strategy also involves utilizing futures and options designed to provide exposure to higher-yielding debt securities, commonly known as "junk bonds," originating from both domestic and international markets. Furthermore, the fund may hold highly liquid assets in the form of U.S. and foreign cash equivalents. For the purpose of risk management, the fund retains the option to hedge its long positions through the deployment of futures contracts or ETFs.
- What is the expense ratio of THY?
- Toews Agility Shares Dynamic Tactical Income ETF (THY) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is THY?
- Toews Agility Shares Dynamic Tactical Income ETF (THY) manages $88.0M 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 THY actively managed or an index fund?
- THY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was THY launched?
- Toews Agility Shares Dynamic Tactical Income ETF (THY) launched in June 2020 and is managed by Toews.
- How has THY performed?
- THY'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.
