|Pricing Data (As of market close 04/28/17)|
|Closing Market Price||$29.32|
|Trading Volume (Shares)||10|
|Yield & Expenses|
Distribution Yield at NAV
|30 Day SEC Yield|
(As of 3/31/17)
|Total Net Assets|
(As of 4/28/17)
|Annual Expense Ratio |
(As of fiscal year end 10/31/16)
Morningstar (As of 03/31/2017)
|US Fund Long-Short Equity|
|Intraday Value (IOPV)||TRSKIV|
|Primary Benchmark||VelocityShares Tail Risk Hedged Large Cap Index|
|Index Provider||Janus Index & Calculation Services LLC|
This comprehensive solution pairs a 15% allocation to a systematic volatility-based hedge with an 85% allocation to the S&P 500® Index. The volatility component adjusts its exposure each day based on the daily moves in short term VIX futures.
Maintaining a constant long volatility hedge in a portfolio can be expensive. By dynamically shifting between long and short exposure to VIX futures, Janus’ volatility strategy seeks to capitalize on the negative correlation of VIX futures via a transparent, liquid and low-cost volatility hedge.
With the potential to significantly reduce drawdown risk in the worst markets, TRSK can be considered a liquid alternative in a well-diversified portfolio.