Even Herd Long Short ETF (EHLS)

Overview

The fund is an actively-managed exchange-traded fund (ETF) with a unique investment strategy focused on both long and short positions in equity securities. Managed by Even Herd, LLC as the sub-adviser, the fund leverages a proprietary algorithm to guide its investment decisions. This algorithm is central to achieving the fund's investment objective, aiming to capitalize on market movements by maintaining a strategic balance of exposure. Unlike traditional investment funds, this ETF distinguishes itself through its dynamic approach to investment, seeking to provide investors with an opportunity to benefit from both rising and falling market conditions.

Products and Services

Even Herd, LLC operates this ETF with an innovative strategy, characterized by a combination of long and short positions in the market:

• Long Equity Positions: The fund aims to maintain a constant 100% long exposure to equity securities. This approach is based on the belief in the long-term growth potential of these securities, thus offering investors an opportunity to participate in the upside of equity markets.
• Short Equity Positions: Unlike conventional funds, this ETF strategically takes short positions, varying from 10% to 60%. This element of the strategy is designed to hedge against market downturns, reduce the overall risk profile of the fund, and potentially profit from declines in the target securities' market value.