BATS | ETF
The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of other large, broad-based ETFs that the sub-adviser believes can reduce the fund"s relative stock and bond risks when compared to a traditional diversified market cap-weighted index fund.
The fund"s allocation between broad-basedU. S. equity ETFs and broad-based foreign focused equity ETFs will generally align with the then-current market cap weighting of theU. S. and foreign equity markets.
The fund"s bond sleeve will be comprised of between two and four underlying ETFs.
Top 13 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| VGIT | Vanguard Intermediate-Term Treasury Index Fund ETF Shares | 26.20% | ||
| VGSH | Vanguard Short-Term Treasury Index Fund ETF Shares | 19.78% | ||
| VGSH | Vanguard Scottsdale Funds - Vanguard Short-Term Treasury ETF | 19.39% | ||
| VGLT | Vanguard Long-Term Treasury Index Fund ETF Shares | 19.25% | ||
| GWL | SPDR S&P World ex-US ETF | Other | Other | 15.87% |
| SPDW | SPDR S&P World ex US | 15.47% | ||
| VTV | Vanguard Value Index Fund ETF Shares | 9.97% | ||
| VTV | Vanguard Index Funds - Vanguard Value ETF | 9.90% | ||
| VOO | Vanguard S&P 500 ETF | 5.41% | ||
| VOO | Vanguard S&P 500 ETF | 5.35% | ||
| VWO | Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF | 3.68% | ||
| VWO | Vanguard FTSE Emerging Markets Index Fund ETF Shares | 3.51% | ||
| FGXXX | First American Funds Inc. - Government Obligations Fund | 0.32% |