“Having parts of both Evolution and U.S. Equity Optimized Growth is what gives MULT its all-weather profile,” says Chris Stanton, chief investment officer and co-portfolio manager of MULT.
Stanton and Gerlach stressed the boilerplate disclaimer that past performance of its existing products isn't a predictor of future performance of their new ETF, but they believe their product serves a purpose for investors.
“Investors need to have something in their portfolio to help them survive tail-risk events,” Stanton says. “This [MULT] gives that protection.”
As with any brand spanking new fund, time will tell.