Business Description
This fund is managed by Miller Value Partners LLC and shifts between standard and leveraged S&P 500 exposure based on the firm's proprietary trading signals. When signals suggest a cautious approach, the fund holds a straightforward S&P 500 tracking ETF, but when conditions appear favorable, it moves into leveraged ETF positions to pursue greater returns. The result is an actively managed ETF designed to adapt its level of market exposure over time.
