In 2014, WBI celebrated the firm’s 30th year in business. It was an exciting year for the firm as it launched of 10 active ETFs in August. By the end of the year, WBI raised $1.1 billion in assets, which accounted for 45% of the asset growth in the active ETF space. WBI’s time-tested active approach aims to reduce risk to protect capital and is tactical in an attempt to find the best global investment opportunities.
Matt Schreiber, President & Don Schreiber, Jr., Chief Executive Officer (Photo: Business Wire)
WBI Tactical Income (WBII) seeks to provide investors with a wealth-building investment strategy that provides low volatility, low correlation and an optimal blend of bear market capital preservation and bull market return. Since inception (8/27/14 to 1/21/15), WBII has outperformed the fund’s blended benchmark by 1.59% (1.10% vs.-0.49%). From inception (8/27/14) through year-end (12/31/14) WBII also outperformed the fund’s blended benchmark 0.66% vs. -0.80%.
The performance data quoted represents past performance and is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For most recent month-end performance, please visit www.wbishares.com. Per the Prospectus, the Fund’s annual operating expense (gross) is 1.05%. The Fund's Sub-Advisor has contractually agreed to waive the fees and reimburse expenses of the Fund such that total annual operating expenses are limited to 1.25% of average net assets until at least September 30, 2015.
Fund outperformance for the period could be attributed to the funds low correlation of 0.45 relative to the index. Most importantly, WBII had low bear correlation (0.28) relative to the index, which helped to produce a Sharpe Ratio of 1.09 since inception. If you are looking for a flexible income ETF, WBI Tactical Income may be an alternative that has lower volatility, correlation, and risk to capital than a passive approach.
Founded in 1984, WBI seeks to provide investors with wealth-building investment strategies that target an optimal blend of bear market capital preservation and bull market return. The firm’s strategies aim to produce attractive returns with less volatility and risk to capital. WBI Investments, Inc. manages separately managed accounts, mutual funds, and exchange-traded funds.
DISCLOSURE
Past performance does not guarantee future results.
An investment in the Fund is subject to investment risk, including the possible loss of principal amount invested. The Fund may invest in foreign and emerging market securities which carry additional risks than investing in the United States such as currency fluctuation, economic or financial instability, lack of timely or reliable financial information or unfavorable political or legal developments. The Fund is subject to model risk, the investment process includes the use of proprietary models and analysis which rely on third party data and if inaccurate could adversely affect the Fund performance. The Fund may invest in Exchange Traded Funds (ETFs), mutual funds and Exchange Traded Notes (ETNs) which will subject the Fund to additional expenses of each ETF, mutual fund or ETN and risk of owning the underlying securities held by each. Options on securities may be subject to greater fluctuations in value than an investment in the underlying securities. Master Limited Partnership risk entails risks such as fluctuations in energy prices, decrease in supply of or demand for energy commodities. In addition, the Fund is subject to market risk, management risk, dividend risk, growth risk, value risk, debt security risk, high-yield security risk, small and medium company risk, portfolio turnover risk, securities business risk, mortgage-backed securities risk, new fund risk and trading price risk.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus with this and other information about the Fund please visit our website at www.wbishares.com.
Foreside Fund Services, LLC., Distributor.
1 Barclays Global Aggregate Bond Index is an unmanaged index considered representative of global investment-grade, fixed-income markets. Russell Global Index measures the performance of the global equity market based on all investable equity securities. It is not possible to invest directly in an index.
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Contacts:
For WBI Investments, Inc.
Matt Woehnker, 732-842-4920
mwoehnker@wbiinvestments.com
