New Jersey based investment manager WBI Investments has expanded its ‘WBI Shares’ suite of tactical, actively managed exchange-traded funds with the launch of the WBI Tactical Rotation Shares (NYSE Arca: WBIR). According to a statement released by the firm, the ETF is designed to take advantage of opportunities around the globe while seeking to protect capital during unfavourable market conditions.

Matt Schreiber, President of WBI.

The fund may invest in any global asset class, geographic region, country, index, sector, industry, currency, or cash equivalents. Proprietary models assess factors and conditions likely to affect the potential risk-adjusted return of the investment opportunities under consideration. As the relative attractiveness changes, assets will be allocated and reallocated to favour those with higher expected risk-adjusted returns. The fund has a total expense ratio of 1.43%.

“Knowing where and when to invest can be difficult,” commented Matt Schreiber, President of WBI. “WBIR is designed to take advantage of opportunities around the globe while seeking to protect capital during unfavourable market conditions.”

WBI Shares debuted in 2014 with the launch of 10 tactical ETFs on the NYSE Arca targeting an optimal blend of bear market capital preservation and bull market returns. The funds raised a historic $1bn in assets under management on their first day of trading and, as of 30 June 2016, WBI was the 5th largest manager of active ETFs.

The 10 ETFs launched by WBI in 2014 include:

WBI SMID Tactical Growth Shares (WBIA)
WBIA typically invests in small- and mid-cap securities with improving fundamental growth trends.

WBI SMID Tactical Value Shares (WBIB)
WBIB typically invests in small- and mid-cap securities with consistent fundamentals and strong value characteristics.

WBI SMID Tactical Yield Shares (WBIC)
WBIC typically invests in small- and mid-cap securities which present themselves as undervalued opportunities with attractive dividend yields.

WBI SMID Tactical Select Shares (WBID)
WBID typically invests in small- and mid-cap securities with attractive value characteristics and prospects for financial stability.

WBI Large Cap Tactical Growth Shares (WBIE)
WBIE typically invests in large-cap securities with improving fundamental growth trends.

WBI Large Cap Tactical Value Shares (WBIF)
WBIF typically invests in large-cap securities with consistent fundamentals and strong value characteristics.

WBI Large Cap Tactical Yield Shares (WBIG)
WBIG typically invests in large-cap securities which present themselves as undervalued opportunities with attractive dividend yields.

WBI Large Cap Tactical Select Shares (WBIL)
WBIL typically invests in large-cap securities with attractive value characteristics and prospects for financial stability.

WBI Tactical Income Shares (WBII)
WBII typically invests in income-producing debt and equity securities of foreign and domestic companies.

WBI Tactical High Income Shares (WBIH)
WBIH typically invests in higher income-producing debt and equity securities of foreign and domestic companies.