DUKQ

DUKQ invests in unaffiliated US equity ETFs using a proprietary trend-following strategy. The underlying ETFs, which could be passively managed or actively managed, may invest in US equities of any market capitalization. The fund expects to allocate nearly all its assets to these ETFs. In selecting investments, the fund adviser determines buy and sell signals by calculating the upper and lower bands of the short-term exponential moving averages. A buy signal is initiated when a potential uptrend in a candidate ETF is detected. To limit drawdowns of the overall fund, an ETF is sold when a sell signal is identified. Upon selling a position, the fund may reinvest in another ETF or temporarily hold cash equivalents, including US T-bills, money market funds, and investment-grade short-term bond ETFs. The fund is not limited by any constraints on the number or type of underlying ETFs it may invest in. The adviser periodically reviews and adjusts the allocation of the fund.