Michael Gayed Launches New Tactical Rotation ETF 'Worth Its Weight in Gold'

Michael A. Gayed, CFA, Portfolio Manager of Toroso Investments, is launching a new tactical Exchange-Traded Fund (ETF), the ATAC US Rotation ETF (ticker: RORO). 

The ETF will track the ATAC Risk-On/Risk-Off Domestic Index (ticker: RORO.Index), designed to be a tactical US stock/Treasury rotation strategy based on the behavior of lumber relative to gold.

The ATAC US Rotation ETF (distributed by Foreside Fund Services, LLC) is designed to seek absolute returns across multiple market cycles. The Fund rotates offensively or defensively based on historically proven leading volatility indicators, with the goal of taking less risk at the right time. 

In 2015, Gayed wrote an award-winning white paper titled “Lumber: Worth its Weight in Gold.” He illustrated strategies using the signaling power of Lumber and Gold result in stronger absolute and risk-adjusted returns than a passive buy-and-hold index. 

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Michael Gayed




The Funds investment objectives, risks, charges, expenses, and other information are described in the statutory or summary prospectus, which must be read and considered carefully before investing. To download the statutory or summary prospectus or obtain a hard copy, call  855-ATACFUND or visit www.atacfund.com.  

Because the Fund invests in Underlying ETFs an investor will indirectly bear the principal risks of the Underlying ETFs, including but not limited to, risks associated with investments in ETFs, equity securities, growth stocks, large and small-capitalization companies, non-diversification, fixed income investments, derivatives, leverage. The Fund will bear its share of fees and expenses of the underlying funds. Shareholders will pay higher expenses than they would if making direct investments in the underlying funds.

Because the Fund expects to change its exposure as frequently as weekly based on short-term price performance information, (i) the Fund’s exposure may be affected by significant market movements at or near the end of such short-term period that are not predictive of such asset’s performance for subsequent periods and (ii) changes to the Fund’s exposure may lag a significant change in an asset’s direction (up or down) if such changes first take effect at or near a weekend. Such lags between an asset’s performance and changes to the Fund’s exposure may result in significant underperformance relative to broader equity or fixed income market. Because the Adviser determines the exposure for the Fund based on price movements of gold and lumber, the Fund is exposed to the risk that such assets or their relative price movements fail to accurately predict future performance.


This release is available for informational purposes only and should not be used for any other purpose. The information contained herein does not constitute and should not be construed as an offering of advisory services or an offer to sell or solicitation to buy any securities or related financial instruments in any jurisdiction. Investments in ETFs involve risk. Some investment products have more risk than others. Please read each prospectus for specific details regarding the ETF’s risk profile.

Source: Toroso Investments


Categories: Financial News

Tags: ETF, fund, investment, ticker