Key stats
About GGM Macro Alignment ETF
Home page
Inception date
Sep 26, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Grant/GrossMendelsohn LLC
Distributor
Northern Lights Distributors LLC
ISIN
US66538F1571
GGM is the first ETF offered by GGM. The fund aims to outperform the S&P 500 by constructing an equally-weighted portfolio that continually adapts to the evolving economic conditions of the US market. Holdings include ETFs that represent the GICS sectors and sub-sectors, equities of any size, and both growth and value investment styles, in addition to fixed income. In selecting, the fund emphasizes those with low expenses, minimal tracking err, and ample liquidity. Using a quantitative, rule-based process, the fund assesses key economic variables like growth rates and inflation expectations. On a quarterly basis, the fund chooses three sector ETFs and two style ETFs based on its anticipated economic outlook for the next quarter. Specifically, it selects those with the highest rolling back-tested return percentages. Due to active trading, the fund may experience a high portfolio turnover rate. Note that fixed-income exposure is only present during defensive positions.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF98.38%
Cash1.62%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
GGM top holdings are Utilities Select Sector SPDR Fund and SPDR Portfolio Long Term Treasury ETF, occupying 20.05% and 19.97% of the portfolio correspondingly.
GGM last dividends amounted to 0.38 USD. The year before, the issuer paid 0.13 USD in dividends, which shows a 65.31% increase.
GGM assets under management is 16.42 M USD. It's fallen 9.02% over the last month.
GGM fund flows account for −3.72 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, GGM pays dividends to its holders with the dividend yield of 1.41%. The last dividend (Jan 3, 2025) amounted to 0.38 USD. The dividends are paid annually.
GGM shares are issued by Grant/GrossMendelsohn LLC under the brand GGM. The ETF was launched on Sep 26, 2023, and its management style is Active.
GGM expense ratio is 0.91% meaning you'd have to pay 0.91% of your investment to help manage the fund.
GGM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
GGM invests in funds.
GGM price has fallen by −0.33% over the last month, and its yearly performance shows a −8.56% decrease. See more dynamics on GGM price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by 0.00% over the last month, showed a 3.12% increase in three-month performance and has decreased by −6.99% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by 0.00% over the last month, showed a 3.12% increase in three-month performance and has decreased by −6.99% in a year.
GGM trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.