CCOR | Core Alternative ETF

CCOR ISSUER

Core Alternative Capital (CCOR) employs a multifaceted investment strategy to achieve its objectives, combining various approaches to generate capital appreciation while mitigating risk exposure across diverse market conditions. Primarily focusing on U.S. equity securities with an emphasis on those offering current dividends, the fund targets high-quality companies poised for long-term total returns through earnings growth and consistent dividend increases. The portfolio is designed to be diversified across industry sectors and regions, with a preference for large-cap stocks showing potential for dividend growth. To safeguard against market downturns, CCOR maintains long positions in index put options, providing downside protection in the event of a significant market decline. Additionally, the fund may opportunistically engage in buying or selling exchange-traded index call options to manage volatility and secure steady cash flow. The use of proprietary models and historical analysis informs the fund's option trading decisions, allowing for strategic positioning independent of broader market movements. CCOR aims to preserve capital, particularly during market downturns, using individual put options or spreads for risk mitigation. While the fund's sector exposure may evolve, its significant holdings in financial services, health care, industrials, and information technology sectors as of June 30, 2023, underscore its commitment to a well-diversified approach that balances returns with risk management.

CCOR DIVIDEND

CCOR, or Core Alternative Capital, places a strong emphasis on dividends as a key component of its investment strategy. The fund primarily invests in U.S. equity securities with a focus on companies that offer current dividends, particularly those demonstrating the potential for sustained dividend growth over time. By concentrating on high-quality companies with solid prospects for long-term total returns through earnings growth and a commitment to increasing dividends, CCOR seeks to provide investors with a source of regular income. The fund's dedication to dividend-paying stocks aligns with its overarching goal of achieving capital appreciation while simultaneously minimizing risk exposure across varying market conditions. This approach reflects CCOR's commitment to delivering a well-rounded investment experience that combines income generation with prudent risk management.

CCOR TRACKING

CCOR, Core Alternative Capital, maintains a proactive and dynamic approach to tracking its investment performance. The fund employs a combination of proprietary models, historical portfolio profit and loss analysis, and a keen understanding of fundamental business and macroeconomic factors. By utilizing discretionary trading models, CCOR ensures adaptability in its equity investments and options trading decisions. While the fund's exposure to sectors may evolve, as of June 30, 2023, it had substantial holdings in financial services, health care, industrials, and information technology sectors. The strategic use of index put options provides downside protection during market declines, further contributing to the fund's tracking efforts. Moreover, CCOR opportunistically engages in buying or selling exchange-traded index call options based on favorable risk/reward models and independent of broader U.S. equity market directions. This comprehensive tracking methodology enables CCOR to make informed decisions that align with its goal of optimizing returns while effectively managing risk across diverse market conditions.

CCOR CORRELATION

CCOR, Core Alternative Capital, strategically manages its portfolio with a keen awareness of correlation dynamics to achieve optimal risk-adjusted returns. The fund employs a diverse set of investment strategies, including equity investments, index put options, and opportunistic trading of exchange-traded index call options. By maintaining a diversified stock portfolio across various industry sectors and regions, CCOR seeks to manage correlation risks and enhance the stability of its returns. The use of index put options serves as a crucial element in mitigating correlation risks by providing downside protection during market downturns. Simultaneously, the opportunistic buying or selling of exchange-traded index call options allows CCOR to navigate market movements independently and further diversify its risk exposure. The fund's commitment to understanding and managing correlation underscores its dedication to delivering consistent and reliable performance while minimizing the impact of correlated market events on overall portfolio returns.

CCOR SECTOR

As of June 30, 2023, CCOR (Core Alternative Capital) exhibits a strategic sector allocation within its investment portfolio, reflecting a thoughtful approach to diversification and risk management. The fund holds significant exposure to companies operating in the financial services, health care, industrials, and information technology sectors. This sectoral distribution underscores CCOR's commitment to a well-rounded investment strategy that spans diverse industries. The fund's focus on financial services aligns with opportunities for stable returns, while the health care sector offers resilience and potential growth. Industrials contribute to the fund's balance, providing exposure to economic activities, and information technology investments showcase a forward-looking approach. CCOR's dynamic sector allocation reflects its adaptability to market conditions, enhancing its ability to capture opportunities and manage risk effectively within a well-diversified investment framework.

CCOR EXPOSURE

CCOR (Core Alternative Capital) actively manages its exposure across various dimensions to optimize risk-adjusted returns for investors. The fund maintains a diversified stock portfolio, strategically allocating investments across industry sectors such as financial services, health care, industrials, and information technology. This broad sectoral exposure is indicative of CCOR's commitment to capturing opportunities in different segments of the market while mitigating risks associated with concentration. Furthermore, the fund utilizes long positions in index put options to provide downside protection during significant market declines, demonstrating a proactive approach to risk management. CCOR's opportunistic engagement in buying or selling exchange-traded index call options reflects its adaptability to market conditions and the pursuit of additional returns. The combination of a diversified stock portfolio, downside protection through put options, and opportunistic options trading positions CCOR to balance exposure to equity markets effectively, aiming to deliver favorable returns while managing risk across varying market scenarios.