Northern Lights Fund Trust IV Main Sector Rotation ETF (BATS: SECT)

Latest news for Northern Lights Fund Trust IV Main Sector Rotation ETF (BATS:SECT)

Northern Lights Fund Trust IV Main Sector Rotation ETF

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The fund utilizes a fund of funds structure to invest in sector based equity ETFs. It seeks to achieve its objective through dynamic sector rotation. The Adviser focuses its research primarily on sector selection by carefully reviewing the sector, industry, and sub-industries in the funds portfolio. The Adviser chooses sectors it believes are undervalued and poised to respond favorably to financial market catalysts. The fund sell a security when it achieves its target price and is, in the opinion of the Adviser, no longer undervalued.

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Northern Lights Fund Trust IV Main BuyWrite ETF

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ETFs are more transparent and tax efficient than mutual funds, Main Management exec tells Benzinga. 

EXCLUSIVE: ETFs Vs. Mutual Funds — Why Main Management&#39;s Darol Ryan Expects Further Conversions In 2024

SECTRA AKTIEBOLAG B by SECTRA AKTIEBOLAG

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During 2023 the trend for mutual funds converting into exchange traded funds grew, and this is expected to continue in 2024 as the popularity and ease of investment in ETFs <a href="https://www.benzinga.com/etfs">drives the market forward</a>.
Darol Ryan, managing partner at Main Management, said ETFs have taken over the mantle from mutual funds.
&#8220;ETFs are easier for both institutional investors and private investors to access. They are also more transparent and more tax efficient,&#8221; he said in an interview with Benzinga.
Main Management has four major investment offerings, all of which are ETFs-of-ETFs — where all holdings are composed of other exchange traded funds.
&#8220;We&#8217;re not focused on buying individual stocks,&#8221; said Ryan, &#8220;We&#8217;re buying geographical locations we like and sectors we like.&#8221;
<h2 class="wp-block-heading">Tracking The S&amp;P 500</h2>
Main&#8217;s most popular, and most liquid ETF, with total assets worth nearly $1.6 billion, is its Main Sector Rotation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SECT#NYSE">SECT</a>), which is its core U.S. strategy ETF, finding the best sectors in which to be invested.
While it doesn&#8217;t aim to emulate the S&amp;P 500, SECT&#8217;s recent performance has been impressively close. In 2023, SECT returned 20% compared with the S&amp;P 500&#8217;s 24%. So far in 2024, SECT is up 5% compared with the S&amp;P 500&#8217;s 6%.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/27120250/newplot-2024-02-27T160218.685.png" alt="" class="wp-image-230989" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/27120250/newplot-2024-02-27T160218.685.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/02/27120250/newplot-2024-02-27T160218.685-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Also Read: <a href="https://www.benzinga.com/etfs/sector-etfs/24/02/37322437/exclusive-roundhills-ai-magnificent-7-etfs-shine-in-tech-market-rally-draw-100m-inflow-in-1-mont">EXCLUSIVE: Roundhill&#8217;s AI, Magnificent 7 ETFs Shine In Tech Market Rally, Draw $100M Inflow In 1 Month</a>
SECT&#8217;s current biggest holdings reflect the sectors that have strongly outperformed in recent months — technology and health care — with exposure to the Invesco QQQ Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NYSE">QQQ</a>), as well as the VanEck Semiconductor ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NYSE">SMH</a>), both of which have performed better than the S&amp;P 500 since the start of 2023.
&#8220;We like health care,&#8221; said Ryan. &#8220;We have an overweight position there — not only in the major pharmaceuticals sector, but also the smaller biotechs.&#8221;
He adds that some of the smaller health care stocks have been undervalued during the last couple of years due to their exposure to higher interest rates that make borrowing more expensive and limit growth opportunities.
&#8220;But we believe that longer term, they will be winners. Interest rates will come down and the bigger guys may be buyers of some of these smaller companies.&#8221;
<h2 class="wp-block-heading">Thematic ETFs</h2>
Alongside SECT is the Main Thematic Innovation ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TMAT#NYSE">TMAT</a>), a global mid-cap growth fund that holds many of the best-performing ETFs in sectors such as cloud and quantum computing, artificial intelligence and cryptocurrency companies. TMAT returned 32% in 2023.
Launched in December 2022, the Main International ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INTL#NYSE">INTL</a>) is invested in country-specific ETFs such as Japan, Mexico and India, among with many others. Main had been running the strategy in a model for some time before launch, and in 2023 the INTL returned 15%.
Finally, the Main BuyWrite ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BUYW#NYSE">BUYW</a>) aims to provide favorable risk-adjusted returns using covered call strategies. 
&#8220;We&#8217;ve been running&nbsp;the BuyWrite strategy&nbsp;a long time, but we&nbsp;previously&nbsp;had that in a mutual fund wrapper. We&#8217;ll see a lot of mutual funds launch into ETFs in the coming year,&#8221; said Ryan.
Now Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37330375/bill-ackman-says-most-mutual-funds-cant-fetch-you-good-returns-heres-what-he-recomm">Bill Ackman Says Most Mutual Funds Can&#8217;t Fetch You Good Returns: Here&#8217;s What He Recommends For Retail Investors</a>
Photo via Shutterstock.

EXCLUSIVE: ETFs Vs. Mutual Funds — Why Main Management's Darol Ryan Expects Further Conversions In 2024

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Northern Lights Fund Trust IV Main Sector Rotation ETF

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Latest news for Northern Lights Fund Trust IV Main Sector Rotation ETF (BATS:SECT)

Wednesday, February 28, 2024