THERE’S A NEW ETF ON THE BLOCK.
Most ETFs are passively managed and intended to track an index. Leatherback ETFs are actively managed, incorporate alternative investment strategies, and focus on fundamental analysis and security selection. Our ETFs are constructed as concentrated portfolios, based on our belief that many portfolios are too diversified and reflect a lack of PM conviction.
LEATHERBACK LONG/SHORT Alternative Yield ETF
LBAY is a long/short alternative yield ETF that seeks capital appreciation and income through shareholder yielding equities and income producing securities. LBAY is positioned as a core equity or strategic income allocation and offers monthly distributions.
LEATHERBACK LONG/SHORT ABSOLUTE RETURN ETF
LBAR is an actively managed long/short absolute return ETF that seeks absolute return. LBAR is positioned as a core equity allocation. Risk control is paramount.
ACTIVE, ALTERNATIVE STRATEGIES NOW IN AN ETF WRAPPER.
© Leatherback Asset Management
“Long” and “short” are investment terms used to describe ownership of securities. To buy securities is to “go long.” The opposite of going long is “selling short.” Short selling is an advanced trading strategy that involves selling a borrowed security. Short sellers make a profit if the price of the security goes down and they are able to buy the security at a lower amount than the price at which they sold the security short.
Since the Funds are actively managed they do not seek to replicate the performance of a specified index. The Funds therefore may have higher portfolio turnover and trading costs than index-based funds.
Investing involves risk, including the loss of principal. Please visit each Fund's page for specific Fund risks.
Foreside Fund Services, LLC, Distributor