Optimal Tax Managed Equity ETF (OTAX)

Structure compounds alpha. 

Fund Overview

OTAX is a broad exposure equity ETF designed for advisers, by advisers, to be a complete equity allocation — with ETF structural tax efficiency — in a single purchase. What distinguishes OTAX is the use of the ETF structure itself to enhance the after tax experience of long-term equity ownership.

When you use OTAX as your complete equity allocation, rebalance and reallocation transactions move out of client accounts and into the ETF wrapper.

This subtle shift can neutralize tax drag on invested capital. Structure compounds alpha. 

Methodology

OTAX is an actively-managed ETF that utilizes the broad market, Equity Ascent Index, which uses three distinct sleeves to allocate across U.S. large, mid, and small capitalization companies. Each of these sleeves is custom tailored — with the inclusion, weighting, and quality of each holding determined by unique screening criteria.

This design acknowledges that each market capitalization tier contributes differently to overall performance, and OTAX is custom designed to capture those unique contributions.

Why Purchase the ETF

For a financial adviser, core equity management is not about finding the next clever strategy. It requires a consistent solution that remains relevant across client meetings, market cycles, and account types. We custom built OTAX to be that solution for our own private wealth practice.  

We believe our unique integration of the ETF structure into client portfolios is a value creation flywheel.

First, and most importantly, compounding tax alpha can improve long-term client outcomes.  Practice efficiency automatically improves by streamlining a range of operations, including manager research, security selection, and coordination of non-qualified portfolio management with CPAs. Less tax drag means more managed assets that compound over time. The thoughtful, innovative solution is an instant differentiator in conversations with centers of influence and accelerates organic growth potential through professional referrals.

The OTAX ETF — creating long term value through structure.

Fund Details

NAV and Market Price

Month-End Performance

Quarter-End Performance

The performance data quoted represents past performance and there is no guarantee of future results. Investment returns and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. The Fund is new and therefore does not have a performance history for a full calendar year as most recent quarter end.  

Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date. 

NAV return represents the closing price of the underlying securities. 

Historical Premium / Discount

The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). The table shows the premium or discount of the mid-point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range.  

Completed Calendar Quarter of the Year

Most Recent Completed Calendar Year

Fund Distributions

Fund Documents

Fund Holdings

Fund holdings are subject to change and are not recommendations to buy or sell any security.