Beacon Capital Management, a registered investment adviser firm that seeks to offer innovative portfolio management solutions, has announced the launch of its new exchange-traded fund (ETF), Beacon Tactical Risk (BTR), which will trade on the New York Stock Exchange Arca. The ETF is designed to capture gains while limiting losses in volatile market conditions. The BTR fund uses an equal sector allocation across 11 sectors as a first line of defense and a mechanical stop-loss as a secondary defense to limit losses before they become too catastrophic. When the stop-loss is triggered, equity positions are sold, and portfolio assets are repositioned into fixed income. The BTR fund has been designed to deliver on its core objective in both bear and bull market conditions.
ETF Newz Says:
Beacon Capital Management has also made a second ETF available to investors: Beacon Selective Risk (BSR) which is set to begin trading on April 17, 2023.