Toews Agility Shares Managed Risk ETF (MRSK)

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To achieve its investment objective, the fund's adviser strategically allocates capital across a diversified range of assets. This portfolio encompasses equity and equity index futures, as well as various options contracts, specifically those tied to equity indices, equity index futures, and exchange-traded funds (ETFs). The fund also invests in ETFs that primarily hold common stocks or fixed income securities. Furthermore, direct investments are made in common stocks, fixed income securities, and highly liquid cash or cash equivalents.