KMLM KFA Mount Lucas Index Strategy ETF

This is an actively managed fund that seeks to provide a total return that, before fees and expenses, exceeds that of the KFA MLM Index (“Index”) over a complete market cycle. The Fund seeks to achieve its goal by investing under normal circumstances in commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges that are the same as or similar to those included in the Index and debt instruments. The Index is a modified version of the MLM Index, which is an index constructed of a portfolio of commodity, currency, and global fixed income futures contracts traded on U.S. and foreign exchanges using a trend following methodology. The Index determines weightings of these three types of futures contracts by the relative historical volatility of each type of futures contract as determined by the MLM Index Committee.

$29.37  -0.18 (-0.61%)
As of 03/23/2023 15:52:08 EST     IEX book   CBOE book

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ETF Information

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Sponsor:     KFA Funds
Category1:  Commodities
Category2:  Broad market
Category3:  Actively managed
Morningstar category:  
Leverage factor:  1.00
Inception date:  12/02/2020
Current yield:  8.40%
Historical average yield:  5.92%
Market cap:  $284,792,000
Average volume:  193,025
Fees:     0.9000%
Investment style: Actively managed