Report Date: March 2024

Index Description

Growth of 1,000

Tactical High Yield Bond (THYB) represents a quantitatively based, absolute return, multi-strategy index. Designed to enhance active premium and dynamic risk protection, this index utilizes multiple uncorrelated tactical strategies to capture tends in HY corporate bonds. The index produces a yield equal to HY corporate bonds while minimizing downside risk. Due to the nature of its construction, THYB produces the highest risk adjust returns of any index we offer on this site. Investment solutions tracking the index will benefit from transparency, high liquidity, low degree of volatility and positive response to rising or falling interest rates.

For more information on THYB and Profitscore's other indicies, please visit www.ProfitScoreIndex.com

Risk/Return

Key Features

Liquid transparent investments
Tactical models to minimize systematic risk
Multiple models to mitigate model specific risk
Allocates to HY corporate bonds
Long only - No short positions

Monthly Returns Live Performance Data

	JAN	FEB	MAR	APR	MAY	JUN	JUL	AUG	SEP	OCT	NOV	DEC	YEAR
2024	-0.03	0.00	1.13										1.10
2023	1.10	0.34	0.41	0.36	0.40	0.43	0.40	0.44	0.44	0.43	2.18	3.58	10.97
2022	-3.08	-0.25	-0.34	-0.24	0.10	-5.70	1.54	-2.83	0.63	0.00	2.38	-1.35	-9.02
2021	-0.11	0.13	0.04	0.95	0.24	1.25	0.27	0.57	-0.07	-0.39	-0.96	2.04	4.00
2020	-0.02	0.02	-2.37	1.31	0.60	0.57	1.14	0.74	-1.93	-0.98	3.43	1.50	3.94
2019	2.91	1.55	1.02	1.41	-1.18	2.49	0.42	0.56	0.47	0.30	0.53	1.58	12.68
2018	0.59	-1.16	-0.54	0.22	-0.29	0.09	0.87	1.14	0.47	-2.35	-1.27	0.04	-2.22
2017	1.64	1.37	-0.93	0.70	0.61	0.09	1.35	-0.03	1.08	0.59	0.08	0.47	7.22
2016	0.00	0.00	3.68	3.31	0.93	1.05	2.66	1.95	0.64	0.24	-0.72	1.04	15.70
2015	0.00	2.40	-0.48	0.59	0.72	-1.17	-0.28	0.00	0.00	1.07	-0.62	0.00	2.21
2014	0.59	1.88	0.14	0.47	0.78	0.57	-1.92	0.35	-0.82	0.36	-0.69	0.09	1.76
2013	1.24	0.56	0.93	1.92	-0.64	-0.40	-0.10	-0.69	0.36	2.12	0.38	0.37	6.17
2012	3.07	1.74	-0.01	0.88	-1.66	0.77	1.43	1.14	1.50	0.80	0.14	1.51	11.84
2011							0.47	-1.30	0.00	3.48	-2.39	1.03	1.19

Important information: Past performance of a ProfitScore index is not an indication of future results. You cannot invest directly in any ProfitScore index. Performance of any ProfitScore index does not represent actual fund or portfolio performance. A fund or portfolio may differ significantly from the securities included in an index. Index performance does not reflect any management fees, transaction costs or other expenses that would be incurred by a portfolio or fund, or brokerage commissions on transactions in fund shares. Such fees, expenses and commissions would reduce returns.

Contact

John McClure, President & CIO

phone ::

208-489-5286

email ::

john.mcclure@profitscore.com

Reward Statistics (Annual)	Tactical Arbitrage High Yield Bond (THYB)	Barclays US Agg Bond	Barclay Hedge Fund Index
Compound ROR	5.10%	1.83%	4.82%
Average ROR	5.30%	1.98%	5.06%
Max Gain	15.70%	8.46%	11.14%
Consecutive Wins	7	7	6
% Winning Years	85.71%	71.43%	78.57%
Average Gain	6.57%	4.31%	7.67%
Gain Deviation	3.04%	3.16%	3.76%

Risk Statistics (Monthly)	Tactical Arbitrage High Yield Bond (THYB)	Barclays US Agg Bond	Barclay Hedge Fund Index
Standard Deviation	1.30%	1.31%	1.88%
Worst Loss	-5.70%	-4.15%	-9.16%
Consecutive Losses	4	6	4
% Losing Months	26.14%	45.75%	36.60%
Average Loss	-1.06%	-0.85%	-1.40%
Loss Deviation	1.11%	0.92%	1.56%

Risk/Reward Statistics (Annual)	Tactical Arbitrage High Yield Bond (THYB)	Barclays US Agg Bond	Barclay Hedge Fund Index
Sharpe Ratio (1%)	0.91	0.20	0.60
Sortino Ratio (1%)	1.42	0.27	0.83

Tactical Arbitrage High Yield Bond (THYB)