FLTN — Rareview Inflation/Deflation ETF
Data updated: 2024-02-27
FLTN — Rareview Inflation/Deflation ETF. Alternative · $21.75M AUM · 1.01% expense ratio · -6.3% 1-yr return. Holdings, fees, performance and SEC filings.
FLTN Fund Overview
FLTN — Rareview Inflation/Deflation ETF is a US ETF managed by Collaborative Investment Series Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Collaborative Investment Series Trust
- Category: Alternative
- Assets under management: $21.75M
- 1-year return: -6.3%
- Ticker: FLTN
- SEC CIK: 0001719812
- SEC series ID: S000074922
- Share class ID: C000233355
FLTN Investment Objective and Strategy
Rareview Inflation/Deflation ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Collaborative Investment Series Trust.
Investment objective
The Rareview Inflation/Deflation ETF (the Fund) seeks a rate of return that exceeds the rate of inflation over a business cycle.
Principal investment strategy
The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective through investments in inflation-protected U.S. Treasury securities (TIPS), exchange traded funds that primarily invest in TIPS, or other U.S. Treasury securities. The Fund seeks to achieve its investment objective over a business cycle which it defines as approximately 60 months. The Adviser invests the Funds assets in TIPS or exchange-traded funds (ETFs) that primarily invest in TIPS when the Adviser believes the market is in an inflationary environment. The Adviser invests in U.S. Treasury securities when the Adviser believes the market is in a deflationary environment. The Fund will also either invest in a combination of cash, cash equivalents, and exchange traded and over-the-counter fixed income derivatives based on the Advisers outlook on current interest rates.
The Fund may invest in any of the following exchange traded and over-the-counter fixed income derivatives: Exchange Traded Derivative Fixed Income Instruments: ? U.S. treasury futures (contracts for the purchase and sale of U.S. government notes or bonds for future delivery); ? Options on U.S. treasury futures (contracts that provide the buyer the right (rather than an obligation) to buy or sell the underlying instrument at a predetermined price and expiration date); and ? Short-term interest rate futures (contract that derives its value from the interest rate at maturation). Over-the-Counter Derivative Fixed Income Instruments: ? U.S. interest rate swaps (agreement between two parties to exchange one stream of interest payments for another); ? Options on inflation-linked benchmarks such as the consumer price index.
The Adviser selects derivatives based upon its evaluation of relative value based on cost, option strike price (price that the option can be bought or sold by the option holder) and maturity (the last date the option or other contract is valid) and will exercise or close the options and other derivatives based on maturity or portfolio rebalancing requirements. The Adviser anticipates purchasing and selling its derivatives on a monthly, quarterly, or annual basis, depending upon the Advisers rebalancing strategy and derivatives expiration dates. However, the Adviser may rebalance the Funds derivative portfolio on a more frequent basis for a number of reasons such as market volatility or a derivative position has appreciated to the point that the Adviser believes that it is prudent to decrease the Funds exposure and realize gains for the Funds shareholders.
FLTN Holdings
Top 6 holdings of Rareview Inflation/Deflation ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Intermediate Term Treasury ETF | 37.64% |
| iShares MBS ETF | 30.67% |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 15.19% |
| Vanguard Short Term Treasury ETF | 5.90% |
| 3 Month Sofr Opt Jun24c | 5.63% |
| United States of America | 5.16% |
FLTN Portfolio Allocation
Asset-class allocation of Rareview Inflation/Deflation ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 89.4% |
| Real Estate | 4.1% |
FLTN Performance
Total returns for FLTN (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -6.3% |
| 3 years (annualised) | -8.5% |
FLTN Risk Information
Risk metrics for FLTN, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.8%
FLTN Costs and Fees
FLTN costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.60%
- Portfolio turnover: 346%
- Brokerage commissions: 49.18 bps of average net assets (SEC N-CEN)
FLTN Cashflows
Over the 12 months to 2023-12, Rareview Inflation/Deflation ETF had net inflows of $10.08M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | $606.66K |
| 2023-11 | $3.42M |
| 2023-10 | $0 |
| 2023-09 | $0 |
| 2023-08 | $3.25M |
| 2023-07 | $205.96K |
FLTN Debt Constituents
No individual debt constituents are reported in Rareview Inflation/Deflation ETF's latest SEC N-PORT filing.
FLTN Prospectus and SEC Filings
Official Rareview Inflation/Deflation ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-01-29
- Prospectus supplement (497) — filed 2024-02-02
- Prospectus supplement (497) — filed 2023-02-07
- Portfolio holdings (N-PORT) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2023-11-24
- Portfolio holdings (N-PORT) — filed 2023-08-28
- Annual census (N-CEN) — filed 2023-12-13
- Annual census, amended (N-CEN/A) — filed 2022-12-15
Related Funds
Other Alternative funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.