1. How are the investments in the Fund determined?

The ATAC Fund uses a proprietary approach to position more defensively or offensively in a portfolio. The process is consistent and repeatable.

ATAC positions into bond ETFs when our indicators are giving a defensive signal and into equity ETFs when they are giving an offensive signal.

2. What is the underlying concept of the approach?

The approach attempts to evaluate conditions which favor higher or lower stock market volatility. The strategy positions defensively when odds favor rising volatility and offensively when odds favor a falling volatility environment.

3. What are the instruments used in the Fund?

ATAC uses broad equity and bond exchange-traded funds (ETFs).

4. How frequently does an offensive or defensive rotation occur?

The indicators are evaluated on a weekly basis for potential rotations in the portfolio. Changes are made only when our proprietary signals suggest a directional change from offense to defense or defense to offense is warranted, and/or when relative momentum has changed.

5. How many inputs are used in the approach?

We don’t believe in overly complex, 100-variable quantitative models. We believe there are a select group of factors that have predictive value in markets and have written about two of these factors in award-winning research papers.

6. Where can I access the award-winning research papers?

Full copies of the papers can be downloaded at


Diversification does not assure a profit nor protect against a loss in a declining market.

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole.

While the fund is no-load, management and other expenses still apply.

The Fund is only offered to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of our Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.