Summit Global Investments (SGI) has launched a semi-transparent ETF, the SGI Dynamic Tactical ETF, which trades on the Nasdaq under the ticker symbol DYTA. The fund’s investing strategy aims to mitigate risk by holding underlying funds across all size companies and making tactical decisions to shift among them. However, the ETF is different from traditional ETFs as it does not disclose what assets it holds each day, which may create additional risks for investors. SGI’s Managed Risk Approach™ will guide the fund and will seek lower volatility than the S&P 500 Index. The ETF is part of the RBB series trust, and shares may be purchased through online brokers and financial advisors.
Summit Global Investments Launches Semi-Transparent ETF, SGI Dynamic Tactical ETF