Key stats
About Virtus ETF Trust II Virtus AlphaSimplex Managed Futures ETF
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Inception date
May 15, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Alternative Investment Advisers LLC
Distributor
VP Distributors LLC
ASMF seeks absolute return through a broad range of liquid futures and forward contracts across different asset classes. Targeting stable volatility for the portfolio, the fund dynamically takes long and/or short positions across global equity, fixed income, currency, and commodity markets. The fund expects to benefit from persistent price trends resulting from the behavioral biases of market participants. Similar to hedge funds, ASMF aims to profit and mitigate risk by identifying these trends in rising or falling markets. The strategy combines active risk management, advanced replication techniques, and insights from quantitative models to capture the risk/return characteristics of the top 20 largest managed futures funds. The fund caps its exposure to commodities and commodity-linked derivatives by 25% through a wholly owned Cayman Islands subsidiary. The fund may invest up to 75% in cash equivalents. The fund manager has full discretion to adjust allocations at any time.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Bonds, Cash & Other100.00%
Cash94.58%
Mutual fund5.42%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
ASMF assets under management is 16.38 M USD. It's fallen 10.58% over the last month.
ASMF fund flows account for 8.91 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, ASMF pays dividends to its holders with the dividend yield of 1.74%. The last dividend (Dec 27, 2024) amounted to 0.39 USD. The dividends are paid annually.
ASMF shares are issued by Virtus Investment Partners, Inc. under the brand Virtus. The ETF was launched on May 15, 2024, and its management style is Active.
ASMF expense ratio is 0.80% meaning you'd have to pay 0.80% of your investment to help manage the fund.
ASMF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
ASMF invests in cash.
ASMF price has risen by 1.75% over the last month, and its yearly performance shows a −12.40% decrease. See more dynamics on ASMF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 0.75% increase in three-month performance and has decreased by −4.67% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 0.75% increase in three-month performance and has decreased by −4.67% in a year.
ASMF trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.