LEXI Alexis Practical Tactical ETF
What is LEXI?
LEXI is an actively-managed, multi-asset fund whose exposure varies among asset classes depending on market conditions and fund adviser’s assessment of multiple factors.
LEXI Factset Analytics Insight
LEXI seeks long-term capital appreciation, with income and capital preservation as secondary objectives, through a tactical asset allocation strategy. The strategy allows the fund to have the flexibility to allocate to markets around the world (including frontier markets), and to various investments, including stocks/stock ETFs, commodities/precious metals ETPs, REITs, alternative investments, bond ETFs and cash. Although LEXI has a target allocation of 70% in equity and 30% in fixed income, its tactical nature implies that its exposure among asset classes will vary materially depending on: (1) market conditions, and (2) fund adviser’s assessment of proprietary and non-proprietary indicators, market cycle analysis and practical judgment. To achieve its desired market exposures while seeking to manage risks, the fund adviser employs quantitative screening and optimization tools in selecting securities. Note that the portfolio is monitored on an ongoing basis and rebalanced as needed.
LEXI Summary Data
LEXI Fund Structure
LEXI Tax Exposures
LEXI Portfolio Data
LEXI Index Data
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LEXI. LEXI is rated a N/A out of 5.
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.