
ASYMmetric Smart Income ETF
Engineered to generate higher income than the S&P 500 with less risk.
What does MORE seek to offer investors?
MORE Overview
Goal: ASYMmetric Smart Income ETF (MORE) is designed to generate more income, with less risk. It seeks to generate greater than 2x more income than the S&P 500 over a market cycle. MORE seeks to accomplish these goals by dynamically allocating to high-income-producing asset classes of MLPs, REITs, and Utilities when they are in a bull market and away from them into the relative safety of U.S. Treasuries or the principal security of cash in a bear market.
Income is valuable only if principal is secure. MORE looks to identify high-income assets that are in a bull market, offering high current income with the potential for principal growth. MORE does not use leverage or derivatives to achieve its investment goals of maximum income with less risk.
The Smart Income ETF is designed for conservative investors who want more income, but not more risk. MORE may be used as a fixed income replacement. We suggest considering a target allocation of 25% of fixed income.
MORE Current Risk Environment
RISK ENVIRONMENT
- Risk Off
- Risk On
As of 5/31/23
Source: ASYMmetric Investment Solutions Investments cannot be made in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges. Past performance is no guarantee of future results.
There is no guarantee principal protection will be achieved.
FUND EXPOSURE
As of 5/31/23
Source: ASYMmetric Investment Solutions Investments cannot be made in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges. Past performance is no guarantee of future results.
There is no guarantee principal protection will be achieved.
Master Limited Partnerships (MLPs)
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DON'T WALK
Price Momentum Indicator
*As of 5/31/23
Source: ASYMmetric Investment Solutions. An index cannot be made into an investment. Unmanaged index returns do not reflect any fees, expenses or sales charges. The fund's investments are designed to respond to volatility relying on the proprietary model developed by the index provider, however, there may be factors which limit the accuracy of the model that may adversely affect the fund. Past performance is no guarantee of future results.
Real Estate Investment Trusts (REITs)
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DON'T WALK
Price Momentum Indicator
*As of 5/31/23
Source: ASYMmetric Investment Solutions. An index cannot be made into an investment. Unmanaged index returns do not reflect any fees, expenses or sales charges. The fund's investments are designed to respond to volatility relying on the proprietary model developed by the index provider, however, there may be factors which limit the accuracy of the model that may adversely affect the fund. Past performance is no guarantee of future results.
Utility Sector (Utilities)
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DON'T WALK
Price Momentum Indicator
*As of 5/31/23
Source: ASYMmetric Investment Solutions. An index cannot be made into an investment. Unmanaged index returns do not reflect any fees, expenses or sales charges. The fund's investments are designed to respond to volatility relying on the proprietary model developed by the index provider, however, there may be factors which limit the accuracy of the model that may adversely affect the fund. Past performance is no guarantee of future results.
MORE Details |
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Ticker | MORE |
Investment Adviser | ASYMmetric ETFs, LLC |
Inception Date | 2/1/2023 |
Exchange | NYSE |
Expense ratio | 0.75% |
CUSIP | 04651A309 |
NAV Symbol | MORE.NV |
IOPV Symbol | MORE.IV |
30 Day SEC yield* | NA |
*As of 5/31/23
Fund Documents |
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Fact Sheet |
Report Card |
Investor Deck |
Summary Prospectus |
SAI |
Prospectus |
Premium Discount |
MORE Data & Pricing |
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Net Assets as of 06/08/2023 | $698,766.87 |
NAV | $23.29 |
Shares Outstanding | 30,000 |
Premium/discount Percentage | -0.03% |
Closing Price | $23.29 |
30 Day Median Bid/Ask Spread | 0.59% |
Data as of 06/08/2023
IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
MORE Performance |
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CUMULATIVE | |||||
As of 5/31/2023 | As of 3/31/2023 | ||||
1 Month | 3 Month | Since Inception | 1 Month | Since Inception | |
Market Price | -3.17% | -5.38% | -10.87% | -3.57% | -9.16% |
Fund NAV | -3.08% | -5.09% | -10.78% | -3.29% | -9.09% |
S&P 500® TR Index | 0.43% | 5.75% | 3.17% | 3.67% | 1.14% |
Alpha | |||||
Market Price - S&P 500® | -737% | -94% | -343% | -97% | -804% |
NAV - S&P 500® | -716% | -89% | -340% | -90% | -797% |
Expense ratio: 0.75% |
Inception Date: 2/1/23 |
Performance quoted represents past performance, which is no guarantee of future results. Investment returns and principal value will fluctuate, so you may have a gain or loss when shares are sold. Current performance may be higher or lower than that quoted. Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Any applicable brokerage commissions will reduce returns. Market price returns are based on the bid/ask spread at 4 p.m. ET. and do not represent the returns an investor would receive if shares were traded at other times.
Top 10 Holdings |
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Percentage Of Net Assets | Name | Identifier | CUSIP | Shares Held | Market Value |
99.46 | UNITED STATES TREAS NTS 0.125% 12/15/2023 | 91282CBA8 | 91282CBA8 | 713000.00 | 694885.84 |
0.54 | Cash & Other | Cash&Other | Cash&Other | 3766.71 | 3766.71 |
Data as of 06/12/2023
Fund holdings and allocations are subject to change and are not recommendations to buy or sell any security. Current and future portfolio holdings are subject to risk. Please refer to the Schedule of Investments contained in this report for a full listing of fund holdings.