| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Devang Patel Virtus Wealth Solutions LLC | 1.58M | $76M | $92.53M | $16.52M | 21.74% |
| NASDAQ (NMS) Exchange | US Country |
The fund is an actively managed exchange-traded fund (ETF) designed as a "fund of funds," meaning it primarily invests in other ETFs rather than individual securities. This approach aims to achieve its investment objective by focusing on ETFs that target domestic large capitalization equity securities, alongside a mix of Defensive Investments to manage risk and ensure diversification. This blend of investments allows the fund to navigate through varying market conditions by maintaining a focus on U.S. investments, ensuring at least 80% of its net assets are allocated within the country under normal circumstances. The fund's strategy includes investing in both affiliated and unaffiliated ETFs, providing a broad exposure to different sectors and investment strategies within the U.S. large cap equity market and fixed income space.
The fund invests primarily in ETFs focusing on domestic large capitalization companies. These investments aim to provide exposure to the performance of large U.S. companies, recognized for their stability, strong market presence, and potential for growth.
To balance its equity holdings and manage risk, the fund allocates portions of its portfolio to fixed income ETFs with short or ultra-short durations. These ETFs offer a defensive stance against market volatility by investing in debt securities with short maturities, typically resulting in lower interest rate risk.
In addition to equity and fixed income ETFs, the fund invests in money market funds, cash, and cash equivalents, collectively referred to as Defensive Investments. These assets provide liquidity and safety of principal, serving as a buffer during market downturns or periods of high volatility.
The fund’s investment strategy includes the flexibility to invest in both affiliated and unaffiliated ETFs, providing a wide range of investment options. This approach allows for a diversified investment portfolio, leveraging different management styles and strategies to optimize returns.