The Bluemonte Dynamic Total Market ETF (BLUX) endeavors to achieve capital appreciation by investing in shares of other, unaffiliated exchange-traded funds. It provides broad access to the U.S. equity market by actively overseeing a portfolio predominantly composed of funds that hold American companies. To live up to its "total market" designation, this fund-of-funds strategically diversifies its investments across different market capitalizations, thus including exposure to small-, mid-, and large-cap companies. The fund operates without limitations regarding investment styles or factor biases, such as growth, value, or quality. When selecting which ETFs to include, BLUX utilizes both top-down and bottom-up analytical methods to pinpoint securities that are considered appropriate representations, are fairly priced, and exhibit strong relative performance compared to similar ETFs. However, due to its active management approach, the ultimate investment decisions are at the discretion of the adviser, which may or may not involve incorporating some international securities into the portfolio.
