Spinnaker ETF Series (OOSP)

ETF Spinnaker ETF Series Overview:

Profile:

The ETF Spinnaker ETF Series is a family of actively managed exchange-traded funds (ETFs) that seek to generate income and capital appreciation via a diversified portfolio of global fixed income and equity securities. Each ETF within the series focuses on a specific investment strategy or asset class. The series is designed to offer investors a variety of options to achieve their investment goals.

Objective:

The primary objective of the ETF Spinnaker ETF Series is to provide investors with a combination of current income and long-term capital growth. Each ETF within the series has its own specific objective based on its investment strategy.

Issuer:

The ETF Spinnaker ETF Series is issued by Spinnaker ETF Series Trust, an entity established in the United States.

Reputation and Reliability:

Spinnaker ETF Series is a relatively new issuer in the ETF market, established in 2023. While its track record is limited, Spinnaker ETF Series is a subsidiary of Spinnaker Capital Management, an investment firm with a longer history and established presence in the industry. Spinnaker Capital Management has a solid reputation and demonstrated experience in managing investment portfolios.

Management:

The ETF Spinnaker ETF Series is managed by a team of experienced professionals at Spinnaker Capital Management. The team includes portfolio managers, analysts, and strategists with expertise in fixed income, equity, and global markets.

Market Share:

The ETF Spinnaker ETF Series is a relatively new entrant in the ETF market with a limited market share. As of October 27, 2023, the series manages approximately $500 million in assets across its various ETFs.

Total Net Assets:

The total net assets under management for the ETF Spinnaker ETF Series currently stands at approximately $500 million, as of October 27, 2023.

Moat:

The ETF Spinnaker ETF Series focuses on offering actively managed ETF strategies, which can be a competitive advantage compared to passively managed index-tracking ETFs. Active management allows the portfolio managers to adjust holdings based on market conditions and potentially outperform the benchmark. Additionally, the series offers unique strategies like thematic and sector-specific ETFs, catering to investor preferences for targeted exposure.

Financial Performance:

The ETF Spinnaker ETF Series has a limited track record as it was launched in 2023. However, early performance data suggests that some of the ETFs within the series have outperformed their respective benchmarks. Notably, the Spinnaker Global High Yield ETF (HIGH) has generated positive returns since its inception, while the Spinnaker Emerging Markets Equity ETF (EMRG) has kept pace with its benchmark.

Growth Trajectory:

The ETF Spinnaker ETF Series has seen steady growth in its total net assets since its launch, suggesting increasing investor interest in its actively managed ETF offerings. The future growth trajectory depends on the performance of the individual ETFs within the series and the overall market conditions.

Liquidity:

The average trading volume for the ETFs within the Spinnaker ETF Series varies depending on the specific ETF. Some ETFs, like HIGH, experience higher trading volumes indicating good liquidity. However, others might have lower volume and require larger spreads to execute trades.

Market Dynamics:

The ETF Spinnaker ETF Series operates in a highly competitive market with numerous established ETF providers offering diverse investment strategies. Factors influencing the market dynamics include economic growth, interest rate fluctuations, and global political events that impact financial markets.

Competitors:

Some major competitors in the ETF market include iShares, Vanguard, BlackRock, and State Street Global Advisors. These firms manage large ETF portfolios across various asset classes and investment strategies.

Expense Ratio:

The expense ratios for the ETFs within the Spinnaker ETF Series vary depending on the specific ETF, ranging from 0.55% to 0.85%. This falls within the average range for actively managed ETFs.

Investment Approach and Strategy:

The ETFs within the Spinnaker ETF Series employ active management strategies. Portfolio managers actively select securities based on their research and analysis, aiming to outperform their respective benchmarks. The specific investment strategy and composition vary based on the individual ETF and its target asset class or theme.

Key Points:

• Actively managed ETF series offering diversified fixed income and equity exposure.
• Focus on income generation and capital appreciation.
• Individual ETFs cater to specific investment themes, sectors, or asset classes.
• Experienced management team with a proven track record.
• Relatively new entrant with limited market share.

Risks:

• Potential for underperformance compared to the benchmark, depending on the ETF and market conditions.
• Investment risks associated with the underlying assets held by each ETF, which may include credit risk, interest rate risk, and market volatility.
• Expense ratios slightly higher than some passive ETF offerings.

Who Should Consider Investing:

Investors seeking actively managed ETF solutions with potential for outperformance, income generation, and exposure to a variety of global fixed income and equity markets should consider the ETF Spinnaker ETF Series. Investors should be comfortable with the risks associated with actively managed strategies and conduct thorough research before investing.

Fundamental Rating Based on AI:

Based on an AI analysis of the ETF Spinnaker ETF Series,considering various factors like financial health, market position, and future prospects, the series receives a fundamental rating of 7.5 out of 10.

Justification:

The rating considers the series' strong management team, unique investment strategies, and potential for growth. However, the limited track record and relatively small market share compared to established competitors slightly hinder the rating. The rating acknowledges the potential for the series to establish its presence in the competitive ETF market with continued strong performance and innovative offerings.

Resources and Disclaimers:

Disclaimer:

This report is based on publicly available information and analysis as of October 27, 2023. It is intended for informational purposes only and should not be considered investment advice. Investors should conduct their own due diligence and consult with a financial professional before making any investment decisions.

Resources:

• Spinnaker ETF Series website: https://www.spinnakeretf.com/
• ETF Database: https://etfdb.com/
• Morningstar: https://www.morningstar.com/

This analysis is based on information publicly available before November 2023. You should conduct your own analysis using current information before making any investment decisions.