TPMN — Timothy Plan Market Neutral ETF
Data updated: 2025-08-28
TPMN — Timothy Plan Market Neutral ETF. Global (incl. US) Small Cap Blend / Core Equity · $30.70M AUM. Holdings, fees, performance and SEC filings.
TPMN Fund Overview
TPMN — Timothy Plan Market Neutral ETF is a US ETF managed by Timothy Plan, categorised as Global (incl. US) Small Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Timothy Plan
- Category: Global (incl. US) Small Cap Blend / Core Equity
- Assets under management: $30.70M
- 1-year return: 7.2%
- Ticker: TPMN
- SEC CIK: 0000916490
- SEC series ID: S000079419
- Share class ID: C000240441
TPMN Investment Objective and Strategy
Timothy Plan Market Neutral ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Timothy Plan.
Investment objective
The Fund investment objective is high current income and low correlation to stocks and bonds. Low correlation means limiting exposure to stock market risk.
Principal investment strategy
The Fund pursues its investment objective by implementing a proprietary, market neutral investment strategy designed to seek income from its investments while maintaining a low correlation to the foreign and domestic equity and bond markets. The Fund will be actively managed, meaning that the Sub-Adviser may make changes to the Funds portfolio at any time. A Market Neutral strategy seeks to generate returns that are independent and uncorrelated to the market action of equity and fixed income markets. It accomplishes this by seeking to minimize or eliminate beta (the portfolios volatility in relation to movements in the market). The Timothy Plan Market Neutral ETF seeks to neutralize the equity market exposure (beta) from its long positions in dividend paying stocks as closely/completely as practicable using offsetting long and short positions in broad equity index futures.
The primary component of residual return (i.e., the return after attempting to neutralize stock performance) is designed to be the income derived from those dividend paying stocks. While generally the Funds investments will be broadly invested over a number of sectors, it is possible that the Funds investment strategy may result in an emphasis on certain sectors or sub-sectors of the market at any given time. The Fund seeks both high income and low correlation to stocks and bonds. Inherent in the low correlation to stocks, the Fund seeks to minimize the volatility associated with investing in stocks. The Fund uses a multi-strategy approach. First, it seeks income from long positions in foreign and domestic dividend producing equity securities of any market capitalization size that satisfy the Advisers proprietary BRI filtering criteria.
Second, the Fund seeks to offset market risk by selling short high-correlating equity index futures contracts * , such as the S&P 500 Index, or Russell 2000 , or exchange-traded funds (ETFs) that track such indexes. The Fund may own foreign currency denominated equities which trade on foreign exchanges. The Fund may also own depository receipts (i.e., ADRs, GDRs). In order to facilitate and by way of investment in these securities, the Fund may own foreign currency as well. The Fund seeks to offset the remaining market risk by investing in long futures positions in the Nasdaq-100 Index and short futures positions in the S&P 500 Index, or use similar strategies the Sub-Adviser deems appropriate and necessary under current market conditions. As an alternative to investing directly in equity securities, the Fund can invest in them indirectly by investing in one or more investment companies (including ETFs) advised by the Sub-Adviser that are designed to track the Victory High Dividend Volatility Weighted BRI Index.
The Victory US High Dividend Volatility Weighted BRI Index (the Index) is an unmanaged, volatility weighted index created by the Sub-Adviser (the Index Provider). The Index Provider is not affiliated with the Fund or the Adviser. The Index Provider combines fundamental criteria with individual security risk control achieved through volatility weighting of individual securities, rather than traditional market-cap weighting. Such a methodology is sometimes referred to as Smart Beta. The Index follows a proprietary rules-based methodology, developed by the Funds Sub-Adviser, to construct its constituent securities. The Fund will not knowingly invest in Excluded Securities. Excluded Securities are securities issued by any company that is involved in the production or wholesale distribution of alcohol, tobacco, or gambling equipment, gambling enterprises, or which is involved, either directly or indirectly, in abortion or pornography, or promoting anti-family entertainment or * Futures contracts are based on the value of the index to which they relate and do not invest in the individual securities that make up the particular index.
Even though index futures dont actually buy securities, the index upon which they are based includes and tracks Excluded Securities. non-biblical lifestyles. In the event a company is subsequently discovered to be engaged in a prohibited practice, it will be liquidated at the next re-balancing. In the event a company is subsequently discovered to be engaged in a prohibited practice, it will be liquidated as soon as reasonably practical. The Fund will not invest in non-affiliated investment company shares.
TPMN Holdings
Top 10 holdings of Timothy Plan Market Neutral ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NASDAQ 100 E Mini Future Sep25 | 4.20% |
| ACS, Actividades de Construccion y Servicios, S.A. | 0.86% |
| Intesa Sanpaolo Spa | 0.83% |
| Enel - Spa | 0.82% |
| Telenor Asa | 0.82% |
| Tele2 AB | 0.78% |
| TXNM Energy, Inc. | 0.73% |
| Bouygues SA | 0.72% |
| Emera Incorporated | 0.72% |
| Keyera Corp. | 0.71% |
TPMN Portfolio Allocation
Asset-class allocation of Timothy Plan Market Neutral ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 91.1% |
| Other | 0.3% |
TPMN Performance
Total returns for TPMN (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.2% |
| 3 years (annualised) | 4.7% |
TPMN Risk Information
Risk metrics for TPMN, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
TPMN Costs and Fees
TPMN costs about $65 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.65%
- Gross expense ratio: 0.65%
- Portfolio turnover: 35%
- Brokerage commissions: 3.85 bps of average net assets (SEC N-CEN)
TPMN Cashflows
Over the 12 months to 2025-06, Timothy Plan Market Neutral ETF had net outflows of $10.91M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-06 | $0 |
| 2025-05 | −$728.35K |
| 2025-04 | −$2.12M |
| 2025-03 | $0 |
| 2025-02 | −$1.41M |
| 2025-01 | −$7.59M |
TPMN Debt Constituents
No individual debt constituents are reported in Timothy Plan Market Neutral ETF's latest SEC N-PORT filing.
TPMN Prospectus and SEC Filings
Official Timothy Plan Market Neutral ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-04-30
- Prospectus supplement (497) — filed 2025-02-19
- Prospectus supplement (497) — filed 2024-05-10
- Portfolio holdings (N-PORT) — filed 2025-08-28
- Portfolio holdings (N-PORT) — filed 2025-05-29
- Portfolio holdings (N-PORT) — filed 2025-02-27
- Annual census (N-CEN) — filed 2025-03-13
- Annual census (N-CEN) — filed 2024-03-14
Related Funds
Other Global (incl. US) Small Cap Blend / Core Equity 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.