A new mutual fund has been added to Capital Advisors' portfolio and began trading Monday, reports NewsOK. The TacticalShares Dynamic Allocation Fund exists to give wealthy individuals an option on how to diversify holdings.

“The fund is intended to be a component to a diversified portfolio because it is tactical, meaning it actively adjusts its risk profile," Keith Goddard, Capital Advisors CEO, said.

The mutual fund will be PMed by Goddard, Channing Smith, Monty Butts and John Hastings. It systematically rotates in and out of 50 global assets subsectors divided among four TacticalShares indexes created by Capital Advisors.

“The fund is constantly adjusting to trends in the marketplace," Goddard said. "Twenty-five percent of the portfolio refreshes every Friday. That doesn’t mean it’s a change, but it’s reviewed for a change.”

Waiving of the $100,000 minimum investment requirement is in place until the fund gathers $100 million assets. Fees, including those for management and operation, are pegged at 1.25 percent annually of assets. 

Edited by: HFD


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