Focus On Achieving Actual Returns
- Unlock the hidden potential of your portfolio with the DGA Absolute Return ETF.
- Access a strategy once reserved for private wealth management and institutional investors.
- Benefit from our heritage of performance we achieve through active management using timeless hedge fund techniques.
- Experience our generational wealth-building and preservation in a liquid, transparent, and tax-efficient ETF.
- Trading now on the NYSE under the ticker symbol HF.
“Like Chess, we believe investing is a mathematical exercise that requires a strategic approach.
Success requires a deep understanding of the numbers and a clear evaluation of positions.
The winners execute calculated moves and adapt their strategy to changing circumstances with precision and confidence.”
-Christopher J. Day, Managing Director at Doliver Advisors
- The conventional approach to investing in a portfolio of stocks and bonds is commonly referred to as asset-class investing.
Passive Portfolio Vulnerability
- The traditional 60/40 portfolio asset allocation model is mathematically flawed.
- Stocks and bonds often see correlated price movements during periods of high global volatility.
- Positioning a portfolio overly passive can lead to poor performance during market downturns.
- Passively constructed portfolios are mathematically inefficient for generating long-term, risk-adjusted returns.
- Prolonged drawdowns from passive portfolios may result in severe underperformance and repeated breakeven portfolios.
- The absolute return approach is designed to manage actively ongoing investment risk by diversifying, hedging, and adapting the portfolio to limit the downside while participating in long-term market gains.
Wealth Management Strategy
- A strategy adapted from global macro hedge funds and designed for core portfolio allocations.
- Focused on compounding consistent long-term profits while minimizing volatility and portfolio risk.
- Committed to generational wealth preservation and appreciation.
- The DGA Absolute Return ETF skillfully applies an active absolute return approach to offer a sophisticated wealth management solution accessible to all investors.
The Power of Replacing Your Portfolio with the DGA Absolute Return ETF
The above chart shows the historical market performance of the fund from its inception date of November 2018. The DGA Absolute Return ETF historical performance is compared to the historical performance of a traditional 60/40 portfolio allocation represented through the S&P Target Risk Moderate Index. The S&P Target Risk Moderate Index is designed to measure the performance of moderate 60/40 stock-bond allocations. For more information on performance, please consult the prospectus on the Fund Details page.
The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above.
The Fund intends to commence investment operations in  after the conversion of several separately managed accounts, the [ ] accounts (collectively, the “Predecessor Account”), into shares of the Fund. The Predecessor Account commenced operations on November 26, 2018. The Fund’s objectives, policies, guidelines and restrictions are, in all material respects, equivalent to those of the Predecessor Account. Please see the prospectus for more details.
1. Hedge fund adapted macro strategy
2. History of navigating global market volatility
3. Reduction of concentrated risks through broad portfolio diversification
4. Returns uncorrelated to the market
5. Tax Efficiency
6. Wealth Preservation
7. Estate planning vehicle
Underlying ETFs Risks. The Fund will incur higher and duplicative expenses because it invests in Underlying ETFs. There is also the risk that the Fund may suffer losses due to the investment practices of the Underlying ETFs. The Fund will be subject to substantially the same risks as those associated with the direct ownership of securities held by the Underlying ETFs. In addition, the Underlying ETFs held by the Fund may utilize leverage (i.e., borrowing) to acquire their underlying portfolio investments. The use of leverage may exaggerate changes in an Underlying ETF’s share price and the return on its investments. Accordingly, the value of the Fund’s investments in Underlying ETFs may be more volatile and all other risks, including the risk of loss of an investment, tend to be compounded or magnified.
Models and Data Risk. The composition of the Fund’s portfolio is heavily dependent on proprietary investment models as well as information and data supplied by third parties (“Models and Data”). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund’s portfolio that would have been excluded or included had the Models and Data been correct and complete.
Commodity ETF Risk. Commodity ETFs are generally not registered as investment companies for purposes of U.S. federal securities laws, and are not subject to regulation by the SEC as investment companies, although some commodity ETFs may be registered investment companies. Consequently, the owners of a non-investment company commodity ETF do not have the regulatory protections provided to investors in investment companies.
Fixed Income Securities Risk. The Fund may invest in Underlying ETFs that invest in fixed income securities. The prices of fixed income securities may be affected by changes in interest rates, the creditworthiness and financial strength of the issuer and other factors. The increase in prevailing interest rates typically causes the value of existing fixed income securities to fall and often has a greater impact in longer-duration and/or higher quality fixed income securities.
Foreign Securities Risk. Foreign securities held by Underlying ETFs in which the Fund invests involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies.