ONOF is designed to maintain exposure to the equity markets when the trending environment is positive, and then move to a risk-off position when that trend reverses.
ONOF incorporates moving average, convergence/ divergence (MACD), drawdown, and volatility as indicators to shift between equity and fixed income exposure – each receiving an equal vote in the strategy.
The strategy seeks to mitigate the extent of drawdowns while remaining invested in equities as much as possible.
| Key Information |
| Trading Details |
| Distributions |
| Taxes |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| NAV | $39.84 | Daily Change | -$0.01 | -0.03% |
| Market Price | $39.78 | Daily Change | -$0.09 | -0.23% |
As of recent month & quarter-end (Jun 30 2026) | Fund NAV | Market Price | Index |
|---|---|---|---|
| 1 Year | 17.95% | 17.87% | 18.42% |
| 3 Years | 12.04% | 12.01% | 12.56% |
| 5 Years | 8.70% | 8.67% | 9.15% |
| Since Inception | 10.37% | 10.37% | 10.70% |
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 6.86 | NVDA | NVIDIA CORP | 2379504 | 194.83 | 48,829 | 9,513,354.07 |
| 6.65 | AAPL | APPLE INC | 2046251 | 308.63 | 29,883 | 9,222,790.29 |
| 4.31 | MSFT | MICROSOFT CORP | 2588173 | 390.49 | 15,300 | 5,974,497.00 |
| 3.51 | AMZN | AMAZON.COM INC | 2000019 | 242.67 | 20,035 | 4,861,893.45 |
| 3.15 | GOOGL | ALPHABET INC-CL A | BYVY8G0 | 359.91 | 12,137 | 4,368,227.67 |
| 2.71 | GOOG | ALPHABET INC-CL C | BYY88Y7 | 356.18 | 10,565 | 3,763,041.70 |
| 2.53 | AVGO | BROADCOM INC | BDZ78H9 | 360.45 | 9,736 | 3,509,341.20 |
| 1.98 | TSLA | TESLA INC | B616C79 | 393.45 | 6,990 | 2,750,215.50 |
| 1.97 | BKLC | BNY MELLON US LRG CAP COR | BKY6348 | 143.35 | 19,045 | 2,730,154.46 |
| 1.93 | META | META PLATFORMS INC | B7TL820 | 582.90 | 4,588 | 2,674,345.20 |
Holdings are subject to change. "Cash" denotes U.S. dollars.