Welcome to our dedicated page for PlanRock Market Neutral Income ETF news (Ticker: prmn), a resource for investors and traders seeking the latest updates and insights on PlanRock Market Neutral Income ETF stock.
PlanRock Market Neutral Income ETF (PRMN) is a financial product under the umbrella of PlanRock Investment Management, LLC, a registered investment advisor based in Nashville, Tennessee. Launched on December 19, 2023, PRMN is designed to generate income and capital appreciation through strategic investments in high-dividend global equities, while mitigating market risk via a series of equity index futures. This approach aims to deliver returns with low to negative correlation to the bond market, making it an attractive option for investors looking to diversify their portfolios.
PlanRock Investment Management, established in 2020 by Stephen Hammers and other experienced portfolio managers, focuses on advancing and preserving investor capital through innovative investment strategies. The firm offers a range of services, including outsourced due diligence, investment model portfolios, and Chief Investment Officer (CIO) services for financial advisors.
The PlanRock Market Neutral Income ETF leverages a unique hedging strategy to target volatility and potentially enhance returns. By carefully balancing long and short positions, PRMN seeks to provide stability and steady income in both bull and bear markets. This makes it a versatile addition to traditional stock or bond portfolios, addressing the need for consistent performance regardless of market conditions.
Investors are encouraged to review the fund's prospectus and summary prospectus, which detail the investment objectives, risks, charges, and expenses associated with PRMN. These documents are accessible through the PlanRock Funds website or by calling the customer service hotline. It's important to note that investing in PRMN involves risks, including potential loss of principal, and there's no assurance that the fund's investment strategy will achieve its goals.
PlanRock ETFs are distributed by Northern Lights Distributors, LLC, and there is no affiliation between Northern Lights Distributors, LLC and PlanRock Investments. As an actively managed ETF, PRMN's shares are traded on the market at prices that may differ from their net asset value (NAV), and they cannot be individually redeemed from the fund.