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Market Neutral ETFUncompromising StandardsActive Management
Market Neutral ETF
ETF MANAGEMENT TEAM
- Mannik S. Dhillon, CFA, CAIA
President, VictoryShares and Solutions - Free Foutz
Portfolio Implementation Manager, VictoryShares
Minimize equity volatility with the goal of generating current high income
Timothy Plan’s Market Neutral ETF is an actively managed exchange traded fund that employs a propriety market neutral investment strategy designed to seek income from its investments while maintaining a low correlation to the foreign and domestic equity and bond markets. ETFs trade like stocks. Call +1 (800) 846-7526 or chat online if you need any assistance.
Objective
The fund seeks high current income and low correlation to stocks and bonds. Low correlation means limiting exposure to stock market risk.
Strategy
The Fund uses a multi-strategy approach. First, it seeks income from long positions in foreign and domestic dividend producing equity securities of any market capitalization size. Second, the fund seeks to offset market risk by selling short high-correlating equity index futures contracts, such as the S&P 500 Index, Russell 2000 or MSCI EAFE Indexes, or exchange-traded funds (ETFs) that track such indexes.
The Index then eliminates the companies that do not satisfy the eVALUEator proprietary Biblically Responsible Investing (“BRI”) filtering criteria.
Summary
| Inception Date | January 24, 2023 |
| Ticker | TPMN |
| Cusip | 887432268 |
| Category | Equity Market Neutral |
| ISIN | US8874322683 |
| Exchange | NYSE |
Fund Details4,6 (as of 9/26/2023)
| NAV | 24.92 |
| NAV Change | -0.16 |
| NAV % Change | 0.00% |
| Volume | 907 |
| Shares Outstanding | 1,220,000.00 |
| Net Assets | $30,402,490.70 |
Fund Yield (as of 9/26/2023)
| 30 Day SEC Yield | N/A |
| 30 Day SEC Unsubsidized Yield | N/A |
Fees (as of 9/26/2023)
| Gross Expense Ratio | .65 |
| Net Expenses Ratio | .65 |
Top Ten Holdings
As of 09/27/2023
| Name | Symbol | Shares Held | Market Value % | Market Value $ |
| S&P 500 EMINI FUT DEC23 | ESZ3 | -136.00 | 4.16% | $1,335,921 |
| RUSS 2000 IDX FUT DEC23 | RTYZ3 | -82.00 | 1.2% | $386,223 |
| MINI MSCI EAFE FUT DEC23 | MFSZ3 | -83.00 | 1.01% | $324,295 |
| ACS ACTIVIDADES DE CONSTR | ACS SM | 6,370.00 | 0.71% | $228,118 |
| TELENOR ASA | TEL NO | 17,333.00 | 0.61% | $196,130 |
| ADECCO GROUP AG | ADEN SW | 4,581.00 | 0.58% | $186,333 |
| BOUYGUES | EN FP | 5,165.00 | 0.56% | $181,253 |
| POWER CORP OF CANADA | POW CN | 6,571.00 | 0.55% | $177,415 |
| PEMBINA PIPELINE CORP | PPL CN | 5,939.00 | 0.55% | $177,357 |
| ENDESA SA | ELE EB | 8,593.00 | 0.55% | $177,115 |
How to Invest
- It's easy to get started. Speak with your financial advisor about us—there are over 300 advisory firms that work with Timothy Plan funds.
- If you don't have a financial advisor, call our office, and an investor relations representative will assist you.
- ETFs are purchased and redeemed differently than mutual funds. Consult the prospectus and the assistance of a qualified financial professional for additional information.
Management of the Fund
Victory Capital Victory Capital is an investment management firm operating a next-generation, integrated multi-boutique business model with over $161.5 billion in assets under management as of November 30, 2022 (reflects AUM on a discretionary and non-discretionary basis. AUM figures are not adjusted for assets of proprietary funds in other funds or client accounts). As a multi-boutique asset manager, Victory Capital connects to the right talent with the right resources in the right environment. Our investment professionals are empowered to be their best. Unique talents are amplified. And our energies are focused on what really matters—helping our clients meet their goals.
Mannik S. Dhillon, CFA, CAIA
Mr. Dhillon, CFA and CAIA®, is President of Victory Capital's Victory Shares. From 2015- 2017, he served as the Sub-Advisor’s Head of Investment Solutions, Product, and Strategy. From 2010 to 2015, Mr. Dhillon served as a managing director and head of manager research with Wilshire Associates, where he evaluated asset managers and led strategic consulting engagements. Mr. Dhillon is a CFA charter holder.
Lance Humphrey, CFA
Mr. Humphrey, CFA is a Senior Portfolio Manager for Victory Capital's VictoryShares and has been a Portfolio Manager of the Fund since it commenced operations in January 2023.
Scott Kefer, CFA
Mr. Kefer, CFA is a Senior Portfolio Manager for Victory Capital's VictoryShares and has been a Portfolio Manager of the Fund since it commenced operations in January 2023.
Free Foutz
Mr. Foutz is the Portfolio Implementation Manager for Victory Capital Management’s Victory Shares and Solutions team, with over 17 years of industry experience. Prior to joining Victory Capital Management in 2015, Mr. Foutz managed the Sub-Advisory Oversight Team for Charles Schwab Investment Management. He was also a voting member of CSIM’s Investment Oversight Committee. Previously, Mr. Foutz worked as a Senior Institutional Investment Analyst for Schwab’s Retirement Investment Services department conducting in- depth manager research and authoring proprietary research reports. Prior to that, he worked as a Registered Representative within Schwab Retirement Plan Services, counseling plan participants on a wide array of topics including personal finance and asset allocation and gaining unique insight into investor behavior.