HOM — LifeGoal Home Down Payment Investment ETF
Data updated: 2023-07-07
HOM — LifeGoal Home Down Payment Investment ETF. Balanced Allocation · $1.28M AUM · 0.34% expense ratio. Holdings, fees, performance and SEC filings.
HOM Fund Overview
HOM — LifeGoal Home Down Payment Investment ETF is a US ETF managed by Northern Lights Fund Trust II, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Northern Lights Fund Trust II
- Category: Balanced Allocation
- Assets under management: $1.28M
- 1-year return: -2.6%
- Ticker: HOM
- SEC CIK: 0001518042
- SEC series ID: S000072349
- Share class ID: C000228500
HOM Investment Objective and Strategy
LifeGoal Home Down Payment Investment ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northern Lights Fund Trust II.
Investment objective
Investment Objective. The investment objective of the LifeGoal Home Down Payment Investment ETF (the Home Down Payment Fund) is to seek to provide current income and some capital appreciation.
Principal investment strategy
Principal Investment Strategies. The Home Down Payment Fund is designed to assist investors in saving for a home down payment, mortgage or rent budget or general home-related expenses or costs. Because the time horizon for such expenses can vary, the Home Down Payment Fund pursues an asset allocation strategy that is designed to balance growth and downside market protection through different market environments. While the Home Down Payment Fund may be appropriate for a diverse group of investors with different goals as it is diversified and conservatively managed, there is a component of the Fund that attempts to pace inflation in the home spending area by allocating some of the Funds assets to companies in home and housing related industries which may make it attractive to those seeking to invest or save for home-related expenses.
The Home Down Payment Fund invests in a portfolio of fixed income securities, equity securities, commodities and cash and cash equivalents. The Home Down Payment Fund will gain exposure to such equity securities, fixed income securities and commodities indirectly by investing in both actively and passively managed mutual funds and exchange-traded funds (collectively, the underlying funds). Equity securities include common stock, preferred stock, or securities convertible into common stock and may be of issuers of any capitalization. Fixed income securities include debt securities of varying maturities, debt securities paying a fixed or fluctuating rate of interest, and fixed income or debt securities of any kind, including, by way of example, securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, by municipalities, by foreign governments or international agencies or supranational entities, or by domestic or foreign private issuers, including corporate loans, debt securities convertible into equity securities and inflation-indexed bonds.
In addition to underlying funds, the Home Down Payment Fund may only invest directly in U.S. large and mid-cap equity securities, U.S. investment grade corporate and municipal bonds, U.S. Treasuries and Treasury inflation-protected securities (TIPS). The Home Down Payment Fund will typically invest 5 15% of its assets in securities of companies in housing related industries including home furnishing companies, appliance companies, home builders and lumber companies. Additionally, the Home Down Payment Fund may invest through underlying funds in Real Estate Investment Trusts (REITs) and securities related to real assets (like real estate- or precious metals-related securities) such as stock, bonds or convertible bonds issued by REITs or companies that mine precious metals as well as underlying funds holding precious metals.
When selecting underlying funds for investment by the Home Down Payment Fund, the Adviser will consider a variety of factors including, but not limited to, performance, costs and whether an underlying fund discloses that it pursues environmental, social or governance (ESG) objectives or strategies in its prospectus. Under normal market conditions, the Home Down Payment Fund will invest its assets within the following ranges: 60-95% of its assets in fixed income and cash and cash equivalents, 5-35% of its assets in equities, and 0-35% of its assets in a combination of underlying funds providing exposure to commodities, REITs and high yield debt securities. The Adviser will allocate the Home Down Payment Funds assets among fixed income securities (including domestic, international and emerging markets, U.S.
inflation-protected debt, and U.S. long-term treasuries) and equity securities (including domestic, international, and emerging markets equities) to manage the Funds risk across asset classes over time. The Home Down Payment Fund seeks to emphasize exposure to fixed income, in order to avoid excessive volatility of returns. The Adviser may also invest indirectly through underlying funds up to 40% of the Home Down Payment Funds assets in foreign securities and up to 10% of the Funds assets in emerging market securities. The Home Down Payment Fund is managed in a tax sensitive manner and the Adviser will attempt to minimize capital gains where possible in an effort to minimize shareholders tax liability.
HOM Performance
Total returns for HOM (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -2.6% |
HOM Risk Information
Risk metrics for HOM, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.5%
HOM Costs and Fees
HOM costs about $34 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.34%
- Gross expense ratio: 15.89%
- Portfolio turnover: 142%
- Brokerage commissions: 6.26 bps of average net assets (SEC N-CEN)
HOM Cashflows
Over the 12 months to 2023-05, LifeGoal Home Down Payment Investment ETF had net inflows of $640.37K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-05 | $0 |
| 2023-04 | $0 |
| 2023-03 | $0 |
| 2023-02 | $0 |
| 2023-01 | $0 |
| 2022-12 | $212.14K |
HOM Debt Constituents
No individual debt constituents are reported in LifeGoal Home Down Payment Investment ETF's latest SEC N-PORT filing.
HOM Prospectus and SEC Filings
Official LifeGoal Home Down Payment Investment ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-12-29
- Prospectus (485BPOS) — filed 2021-08-23
- Prospectus supplement (497) — filed 2023-02-28
- Portfolio holdings (N-PORT) — filed 2023-07-07
- Portfolio holdings (N-PORT) — filed 2023-04-11
- Portfolio holdings (N-PORT) — filed 2023-01-10
- Annual census (N-CEN) — filed 2022-11-10
Related Funds
Other Balanced Allocation 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.