Ocean Park Asset Administration Debuts First 4 ETFs

Ocean Park Asset Administration, the agency led by former TD Ameritrade Institutional govt Skip Schweiss, final week launched its first exchange-traded funds, which comply with the agency’s quantitative, rules-based funding course of.

The 4 ETFs — two centered on equities, two on fastened earnings — concentrate on pattern following, safety choice and a trailing cease self-discipline, Ocean Park stated. They every intention to offer whole return and restrict publicity to draw back threat.

• Ocean Park Home ETF (DUKQ) can put money into U.S. fairness ETFs that exhibit uptrends, together with these primarily based on market capitalization, types, components, sectors and industries. It additionally could put money into money equivalents when U.S. fairness ETFs will not be in uptrends. Expense ratio after price waiver: 0.98%.
• Ocean Park Worldwide ETF (DUKX) can put money into worldwide fairness ETFs, which embrace rising market ETFs, which are exhibiting uptrends, and in money equivalents when worldwide fairness ETFs will not be in uptrends. Expense ratio after price waiver: 0.99%.
• Ocean Park Diversified Revenue ETF (DUKZ) can put money into bond market areas which are exhibiting uptrends, together with those who put money into Treasurys, investment-grade and high-yield company bonds, investment-grade and high-yield municipal bonds, mortgage-backed securities, developed worldwide and rising market bonds, convertible bonds, most well-liked securities and financial institution loans. It could possibly additionally put money into money equivalents when fastened earnings ETFs will not be in uptrends. Expense ratio after price waiver: 0.99%.
• Ocean Park Excessive Revenue ETF (DUKH) can put money into increased yielding areas of the bond market which are exhibiting uptrends, together with those who put money into high-yield company and municipal bonds, rising market bonds, most well-liked securities and financial institution loans. It could possibly additionally make investments tactically in Treasury ETFs and in money equivalents when excessive earnings and Treasury ETFs will not be in uptrends. Expense ratio after price waiver: 1.07%.

“The launch of our first Ocean Park ETFs to enhance our mutual fund suite is a direct response to advisor demand for entry to Ocean Park’s funding course of in an ETF wrapper,” stated Schweiss, Ocean Park Asset Administration’s CEO.

“The brand new suite of ETFs will permit particular person buyers and their monetary advisors to create whole portfolio options tailor-made to a person’s aims,” stated James St. Aubin, the corporate’s chief funding officer.