The ATAC Rotation Fund primarily allocates its capital to a varied selection of exchange-traded funds (ETFs). These "underlying ETFs" are designed to mirror the performance of different market indexes, or in some cases, leveraged versions of those indexes. These indexes have a wide scope, tracking either broad equity and/or fixed income markets, distinct industry sectors (meaning large groups of businesses with similar characteristics), or specific market segments (like large, mid, or small capitalization companies, both domestic and international).