Myriad Dynamic Asset Allocation ETF (MDAA)

Overview

MDAA seeks to deliver superior returns over a traditional 60/40 global equity-bond benchmark. This is achieved through a strategic and dynamic allocation of assets across a range of investment classes, including global equities, fixed income securities, and currency markets. The fund's investment strategy incorporates a blend of large- and mid-cap stocks, bond futures, currency derivatives, and low-cost index exchange-traded funds (ETFs). Additionally, it may engage in trading American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs), Indian Depositary Receipts (IDRs), and various foreign securities.

The equity portfolio's exposure is thoughtfully adjusted based on market sentiment, reflecting nearly 100% investment in bullish conditions and transitioning to zero or net short positions during bearish markets. In terms of fixed income, portfolio allocations are altered in response to prevailing interest rate movements, with increased cash holdings during downturns to minimize risk exposure. Currency risks are carefully managed utilizing futures and options, and gold may be strategically utilized as an alternative asset in certain scenarios. The investment strategy relies on a macroeconomic perspective, enabling flexible asset shifts influenced by economic trends, sector performance, and earnings forecasts. Moreover, the fund may leverage futures to enhance potential tactical returns.

Products and Services

• Global Equities: MDAA invests in a diversified portfolio of large- and mid-cap stocks across various regions, adapting equity exposure based on market conditions to optimize performance.
• Fixed Income: The fund actively adjusts its fixed income allocations based on interest rate trends, balancing between safety and return potential while preserving capital during volatility.
• Currency Derivatives: Utilizes futures and options to manage currency exposure, aiming to hedge against fluctuations in foreign exchange rates that can impact investment returns.
• Low-Cost Index ETFs: Incorporates low-cost index ETFs to maintain market exposure while minimizing management fees, enhancing overall net returns for investors.
• ADRs, GDRs, and IDRs: The fund may invest in American, Global, and Indian Depositary Receipts, providing access to foreign companies and diversifying the investment portfolio geographically.
• Gold as a Proxy: Occasionally employs gold as a defensive asset or hedge against market downturns, leveraging its historical value preservation during economic uncertainty.
• Leverage through Futures: MDAA may use leverage through trading futures contracts to amplify returns on investments, capitalizing on short-term market opportunities when appropriate.