Tralucent Global Alt (Long/Short) Equity Fund Trust Unit ETralucent Global Alt (Long/Short) Equity Fund Trust Unit ETralucent Global Alt (Long/Short) Equity Fund Trust Unit E

Tralucent Global Alt (Long/Short) Equity Fund Trust Unit E

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Key stats


Assets under management (AUM)
‪34.68 M‬CAD
Fund flows (1Y)
‪6.66 M‬CAD
Dividend yield (indicated)
Discount/Premium to NAV
0.6%
Shares outstanding
‪1.25 M‬
Expense ratio
1.19%

Details


Issuer
Tralucent Asset Management, Inc.
Brand
Tralucent
Home page
Inception date
Oct 11, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Tralucent Asset Management, Inc.
ISIN
CA89300V1013
CUSIP
89300V101
FIGI
BBG01K57L811
Identifiers
ISIN CA89300V1013
The fund utilizes a long/short strategy on a basket of exchange-traded securities from around the globe. The fund invests in equities, although it may also purchase other securities including bonds. On the long side, the fund may leverage up to 10% of its net assets. The fund shorts securities and writes naked calls to earn some premium income, potentially shorting up to 50% of its net assets. A fundamental, bottom-up approach is employed by the fund adviser to make investment decisions. The resulting long portfolio consists of over 100 securities, while the fund shorts dozens of names to ensure diversification. The fund has a net long exposure. The aggregate amount of cash borrowing, shorts, and derivatives used for non-hedging purposes will not exceed 300% of the fund's NAV.

Classification


Asset Class
Alternatives
Category
Hedge fund strategies
Focus
Long/short
Niche
Long/short
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Technology Services
Stocks102.99%
Finance25.68%
Electronic Technology22.70%
Technology Services20.47%
Consumer Services7.29%
Retail Trade6.30%
Producer Manufacturing4.33%
Commercial Services3.22%
Health Technology3.10%
Transportation2.20%
Health Services1.61%
Distribution Services1.22%
Consumer Non-Durables0.64%
Consumer Durables0.56%
Process Industries0.14%
Communications0.09%
Bonds, Cash & Other−2.99%
Cash0.46%
Miscellaneous0.00%
Rights & Warrants−3.45%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently asked questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
TGAF trades at 27.99 CAD today, its price has risen 0.57% in the past 24 hours. Track more dynamics on TGAF price chart.
TGAF net asset value is 27.82 today — it's fallen 0.91% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
TGAF assets under management is ‪34.68 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
TGAF price has fallen by −0.36% over the last month, and its yearly performance shows a 12.27% increase. See more dynamics on TGAF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.91% over the last month, have fallen by −0.91% over the last month, showed a 6.90% increase in three-month performance and has increased by 12.23% in a year.
TGAF fund flows account for ‪6.66 M‬ CAD (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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
TGAF invests in stocks. See more details in our Profile section.
TGAF expense ratio is 1.19%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, TGAF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, TGAF technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating TGAF shows the buy signal. See more of TGAF technicals for a more comprehensive analysis.
No, TGAF doesn't pay dividends to its holders.
TGAF trades at a premium (0.62%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
TGAF shares are issued by Tralucent Asset Management, Inc.
TGAF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 11, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.