Profile and investment
| Fund type | Open Ended Investment Company |
|---|---|
| Investment style (stocks) | Market Cap: Large Investment Style: Blend |
| Morningstar category | Trading--Inverse Equity |
| Launch date | 05 Apr 2017 |
| Price currency | USD |
| Domicile | United States |
| Symbol | TAIL |
| Manager & start date | Mebane Faber 05 Apr 2017 Jonathan Keetz 01 Sep 2024 |
| Pricing frequency | Daily |
|---|---|
| Total net assets | 82.45m USD As of Sep 30 2024 |
| Share class size | 82.45m USD As of Sep 30 2024 |
| Net expense ratio | 0.59% |
| Front end load | -- |
| Deferred load | -- |
| Maximum Redemption Fee | -- |
| Min. initial investment | -- |
| Min. additional investment | -- |
| Initial IRA | -- |
| Additional IRA | -- |
| Available for sale | United States |
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Top 5 holdings
| Top 5 holdings as a per cent of portfolio | |||
|---|---|---|---|
| 60.46% | 100.84% | 0.00% | 100.84% |
| Category average | % Net assets | % Short | % Long |
| Company | 1 year change | Portfolio weight | Long allocation |
|---|---|---|---|
| United States Treasury Notes 4.13% | -- | 90.88% | |
| Option on S&P 500 PR | -- | 4.01% | |
| Option on S&P 500 PR | -- | 2.44% | |
| Option on S&P 500 PR | -- | 1.94% | |
| Option on S&P 500 PR | -- | 1.57% | |
| Per cent of portfolio in top 5 holdings: 100.84% |
Asset type
| US bond | 90.88% |
| US stock | 16.97% |
| Non-US stock | 0.11% |
| Non-US bond | 0.00% |
| Cash | -7.96% |
| Other | 0.00% |
Top 5 sectors
| Technology | 5.52% |
| Financial Services | 2.20% |
| Healthcare | 2.08% |
| Consumer Cyclical | 1.68% |
| Communication Services | 1.50% |
Top 5 regions
| United States | 16.97% |
| Europe - ex Euro | 0.05% |
| Eurozone | 0.03% |
| United Kingdom | 0.02% |
| Developed Asia | 0.01% |
Sector and region weightings are calculated using only long position holdings of the portfolio.
