Key stats
About Twin Oak Short Horizon Absolute Return ETF
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Inception date
Aug 20, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Twin Oak ETF Co.
Distributor
Pine Distributors LLC
ISIN
US56170L6618
TOAK seeks to provide capital appreciation, with reduced price volatility. The portfolio is actively managed and traded, using defined risk options with a short duration of zero to one year. Define risk options are those in which the maximum loss for any option during the expiry period is no more than the premium invested. An option position pairing strategy is employed to reduce risk. The fund does not use leverage or naked option writing. However, option contracts may be exchanged-listed, over-the-counter (OTC), or FLEX options. The use of OTC options exposes investors to counter-party risk. Based on the portfolio managers assessment of current economic and market conditions, along with existing holdings, the fund may invest in long calls, long puts, debit spreads or a combination of these strategies. In choosing positions for the portfolio, TOAK managers consider price, liquidity, duration, and risk into consideration.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants99.69%
Cash0.31%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TOAK assets under management is 39.31 M USD. It's risen 29.03% over the last month.
TOAK fund flows account for 39.17 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.
No, TOAK doesn't pay dividends to its holders.
TOAK shares are issued by Twin Oak Holdings LP under the brand Twin Oak. The ETF was launched on Aug 20, 2024, and its management style is Active.
TOAK expense ratio is 0.25% meaning you'd have to pay 0.25% of your investment to help manage the fund.
TOAK follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TOAK invests in cash.
TOAK price has risen by 0.38% over the last month, and its yearly performance shows a 4.38% increase. See more dynamics on TOAK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.38% over the last month, showed a 1.07% increase in three-month performance and has increased by 3.13% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.38% over the last month, showed a 1.07% increase in three-month performance and has increased by 3.13% in a year.
TOAK trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.