ADFI ISSUER
Anfield: The Fund (ADFI) is an actively managed exchange-traded fund (ETF) categorized as a fund of funds, indicating its primary investment in securities of other ETFs. With a focus on the global debt markets, including corporate bonds, government securities, private debt, and various fixed income instruments, the fund dynamically allocates at least 80% of its net assets across different types of securities and sectors. Operating without adherence to an index, ADFI seeks to outperform traditional core fixed income indices by holding 8-25 Underlying Funds, strategically capitalizing on opportunities or avoiding market declines. The portfolio may include foreign securities, with significant exposure to emerging markets. ADFI may also invest in convertible securities and various derivatives, including futures, options, swaps, forwards, and repurchase agreements. The Sub-Adviser, Anfield Capital Management, employs a bottom-up security research approach, incorporating a top-down economic framework for sector selection. The investment strategy prioritizes capital preservation and balancing price gains with the goal of preserving principle, emphasizing sectors with attractive fundamentals. The fund may engage in active trading, with the potential for an annual portfolio turnover exceeding 100%, and may utilize securities lending for income generation. Additionally, the use of derivatives introduces inherent leverage, magnifying exposure and contributing to increased volatility. The fund's approach to currency exposure is flexible, with hedging decisions made on an opportunistic basis.
ADFI DIVIDEND
Anfield: The Fund (ADFI) provides investors with the potential for income through its dividend distribution strategy. As an actively managed exchange-traded fund (ETF) that primarily invests in securities of other ETFs, ADFI focuses on the global debt markets, including various fixed income instruments. With the flexibility to dynamically allocate its assets and a goal to outperform traditional core fixed income indices, the fund aims to generate dividends by strategically navigating opportunities and market conditions. The income-generation aspect is further enhanced by the Sub-Adviser, Anfield Capital Management, which employs bottom-up security research and a top-down economic framework to select sectors with attractive fundamentals. ADFI's approach to sector diversity and risk management, along with its engagement in securities lending and active trading, contributes to the potential for dividend income, providing investors with a combination of capital preservation and income generation within the fixed income markets.
ADFI TRACKING
Anfield: The Fund (ADFI) distinguishes itself by being an actively managed exchange-traded fund (ETF) categorized as a fund of funds, deviating from a passive tracking approach often associated with traditional ETFs. ADFI does not adhere to a specific index, providing broad flexibility in allocating its assets across different types of securities and sectors within the global debt markets. Instead of tracking a predefined benchmark, the fund, managed by Anfield Capital Management, employs a dynamic investment strategy that aims to outperform traditional core fixed income indices over full market cycles. This dynamic approach involves selecting 8-25 Underlying Funds based on ongoing analysis, bottom-up security research, and a top-down economic framework. By deviating from a fixed index and utilizing proprietary research, ADFI seeks to enhance returns by capitalizing on positive opportunities or strategically avoiding market declines. This non-traditional tracking methodology contributes to the fund's unique positioning and potential for delivering value beyond conventional passive ETFs.
ADFI CORRELATION
Anfield: The Fund (ADFI) exhibits a distinctive approach to correlation management within its investment strategy. As an actively managed exchange-traded fund (ETF) categorized as a fund of funds, ADFI differentiates itself from traditional index-tracking ETFs by not adhering strictly to a specific benchmark. The fund's flexibility to dynamically allocate assets across various securities and sectors in the global debt markets, as well as its active management by Anfield Capital Management, allows for nuanced correlation management. By engaging in bottom-up security research and employing a top-down economic framework, the fund aims to select Underlying Funds and sectors that may offer reduced correlation to traditional market indices. This approach is designed to provide investors with diversified exposure, potentially mitigating the impact of market fluctuations and enhancing risk-adjusted returns. ADFI's emphasis on correlation management contributes to its unique investment proposition and aligns with the fund's goal of outperforming traditional core fixed income indices over different market cycles.
ADFI SECTOR
Anfield: The Fund (ADFI) adopts a strategic and dynamic approach to sector allocation, distinguishing itself as an actively managed exchange-traded fund (fund of funds). Operated by Anfield Capital Management, ADFI does not limit itself to tracking a specific index, allowing for broad flexibility in allocating assets across diverse sectors within the global debt markets. The fund's sector selection is driven by proprietary fundamental research, encompassing both bottom-up security analysis and a top-down economic framework. ADFI aims to balance capital preservation with generating returns, emphasizing sectors with attractive fundamentals and demonstrating adaptability by de-emphasizing those with deteriorating fundamentals. This sector-diverse strategy spreads risk across multiple industries and companies, seeking to outperform traditional core fixed income indices over full market cycles. The flexibility to hold 8-25 positions and the active management of sector exposure contribute to ADFI's ability to capitalize on opportunities and navigate market conditions dynamically.
ADFI EXPOSURE
Anfield: The Fund (ADFI) embraces a comprehensive and dynamic exposure strategy, setting itself apart as an actively managed exchange-traded fund (fund of funds). Unlike traditional index-tracking ETFs, ADFI does not adhere to a fixed benchmark, providing substantial flexibility in allocating at least 80% of its net assets across various securities and sectors within the global debt markets. The fund, managed by Anfield Capital Management, aims to achieve exposure to specific segments of the fixed income markets through investments in 8-25 Underlying Funds. These concentrated and dynamic allocations are made strategically to capitalize on positive opportunities or avoid market declines. ADFI may hold positions in foreign securities, including those in emerging markets, and invest in convertible securities. Additionally, the use of derivatives, such as futures, options, and swaps, allows the fund to enhance exposure, manage risk, and navigate market volatility. This flexibility in exposure, combined with active management, positions ADFI to adapt to changing market conditions and seek to outperform traditional core fixed income indices over different market cycles.
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