Shares Multi-Asset US Tactical ETF
The QLT PowerShares Multi-Asset US Tactical ETF (FYE20T1) is an actively managed exchange-traded fund (ETF) that seeks to provide capital appreciation by investing in a variety of asset classes within the United States. These asset classes include domestic and international equities, fixed income securities, cash, commodities, and alternative investments. The portfolio is managed according to tactical equity allocation guidelines that seek to optimize returns on a quarterly basis. The underlying index, Investable Market US Tactical Index (IMUSTI), is comprised of market capitalization-weighted components of top US-listed equity securities, fixed income securities, cash, commodities, and alternative investments.