Insta
FOMO ETF Fund In The US SEC- Here Is All You Want To Know
A Representative Image (Unsplash/Sharon McCutcheon)
Collaborative Investment Series Trust filed for a fund registration with the United States Securities and Exchange Commission (SEC) on Wednesday (9 March) named FOMO ETF.
It is advised by Tuttle Tactical Management LLC, with Matthew Tuttle as the Fund’s portfolio manager since the inception of the fund.
The fund will primarily invest in US equity securities, foreign and emerging markets and Special Purpose Acquisition Companies (SPACs).
To fulfil the meaning of its name, the advisor intends to invest in securities that reflect the current and emerging trends and as such frequent trading and subsequently high portfolio turnover rate will be observed.
The fat tail risk fund will invest in cash and US government bonds and ETFs which invest in gold-related derivatives and derivatives and ETNs.
The basic difference between ETFs and ETNs is that while Exchange-traded-funds is an investment in a fund which holds the asset it is moving, meaning buying/selling the assets as they move.
On the other hand an Exchange-traded-note or ETN is an unsecured debenture, which does not buy or sell the assets within the fund, it also has lower expenses as it does not track assets continuously, but pay the investors at maturity, thereby attracting long term capital gains.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest
