Key stats
About Northern Lights Fund Trust III PlanRock Alternative Growth ETF
Home page
Inception date
Dec 19, 2023
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
PlanRock Wealth Management LLC
Distributor
Northern Lights Distributors LLC
PRAE seeks capital growth by rotating its investments between various growth segments. The fund invests in US and foreign equity ETFs, stocks, and alternative investments such as commodities, currencies, equity index futures, and other derivatives. The fund toggles its investments among outperforming growth market segments based on a proprietary methodology that analyzes upside or downside trends, momentum, and market valuation. Allocation to equity market segments and other growth markets are adjusted depending on the trend of a particular market. To preserve capital, the fund takes long positions in market uptrends and goes short in market downturns using equity index futures, interest rate futures, commodity equities and currency futures. The funds strategy is designed to have low correlation to equity markets with similar or less volatility.
Classification
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF83.55%
Cash17.89%
Rights & Warrants−1.43%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PRAE trades at 30.35 USD today, its price has risen 0.40% in the past 24 hours. Track more dynamics on PRAE price chart.
PRAE net asset value is 30.42 today — it's risen 1.50% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PRAE assets under management is 249.86 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PRAE price has risen by 1.07% over the last month, and its yearly performance shows a −8.23% decrease. See more dynamics on PRAE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −11.08% decrease in three-month performance and has decreased by −7.00% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −11.08% decrease in three-month performance and has decreased by −7.00% in a year.
PRAE fund flows account for 50.06 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PRAE invests in funds. See more details in our Analysis section.
PRAE expense ratio is 1.43%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PRAE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PRAE technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PRAE shows the sell signal. See more of PRAE technicals for a more comprehensive analysis.
Today, PRAE technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PRAE shows the sell signal. See more of PRAE technicals for a more comprehensive analysis.
Yes, PRAE pays dividends to its holders with the dividend yield of 0.00%.
PRAE trades at a premium (0.01%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PRAE shares are issued by PlanRock Wealth Management LLC
PRAE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 19, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.