Key stats
About Northern Lights Fund Trust III PlanRock Alternative Growth ETF
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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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Bonds, Cash & Other100.00%
ETF83.55%
Cash17.89%
Rights & Warrants−1.43%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PRAE assets under management is 249.86 M USD. It's risen 1.81% over the last month.
PRAE fund flows account for 50.98 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.
Yes, PRAE pays dividends to its holders with the dividend yield of 0.00%. The last dividend (Dec 24, 2024) amounted to 0.32 USD. The dividends are paid quarterly.
PRAE shares are issued by PlanRock Wealth Management LLC under the brand PlanRock. The ETF was launched on Dec 19, 2023, and its management style is Active.
PRAE expense ratio is 1.43% meaning you'd have to pay 1.43% of your investment to help manage the fund.
PRAE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PRAE invests in funds.
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 −7.97% decrease in three-month performance and has decreased by −7.27% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −7.97% decrease in three-month performance and has decreased by −7.27% in a year.
PRAE trades at a premium (0.01%) meaning the ETF is trading at a higher price than the calculated NAV.