Family Dynasty Advisors has launched the Tactical Advantage ETF (FDAT) on the NYSE Arca stock exchange, which is an actively managed ETF designed to help investors navigate the changing market landscape. The ETF aims to generate returns while mitigating risks by using a multi-strategy investment approach that adapts to different market conditions, including market trend, counter trend, and volatility. The fund’s sub-advisor, Mike Caffey, said that the fund reduces exposure to volatility by increasing or decreasing the cash position, and that it is designed to minimize short-term losses while maximizing long-term growth.
ETF Newz Says:
The key features of FDAT include an adaptable investment approach, diverse investment strategies, and dynamic asset allocation.