Blueprint Chesapeake Multi-Asset Trend ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About TFPN
TheFund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investingpursuant to a trend following program called the Chesapeake Multi Asset Trend Program (described below). The Chesapeake MultiAsset Trend Program is comprised of two components: (i) Derivatives Component: The Fund will invest both long and short through investments in options, futures contracts and futures-related instruments (such as forwards) and spot contracts in global markets across a wide range of asset classes, including equities, fixed income, currencies and commodities. (ii) Equity Component: The Fund will invest in both long and short positions in equity securities. Inaddition, the Fund invests in cash, short-term U.S. Treasury securities, money market funds, and cash equivalents (the “CashStrategy”). TheFund’s portfolio is managed by sub-advisers Chesapeake Capital Corporation (“Chesapeake”) and Blueprint FundManagement, LLC (“Blueprint”). Chesapeake manages the Fund’s portfolio using the Chesapeake Multi Asset TrendProgram, while Blueprint manages the Cash Strategy. The Fund’s returns mainly arise from the Chesapeake Multi Asset TrendProgram. TheFund’s portfolio is usually comprised of 300-500 securities and financial instruments, which the Fund invests in directlyor indirectly via the Subsidiary (described below). The Fund is classified as “non-diversified,” which means the Fundmay invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund. TheChesapeake Multi Asset Trend Program - Overview. Chesapeakemanages the Fund’s investments using their proprietary long-term trend following ”Chesapeake MultiAsset Trend Program.” This Program generates long and short trade signals based on market indicators such as current pricesand moving average prices. Chesapeake’s trade decisions are primarily automated, relying on computer-driven models to identifybuying and selling opportunities. The Chesapeake Multi Asset Trend Program, and each of the Derivatives and Equity components,seeks to preserve capital while also seeking to provide positive annual returns. TheProgram analyzes various market metrics, including price action, market volatility, open interest, and daily trading volume, to seekto predict market opportunities and identify recurring price patterns. The data comes from a wide array of markets, such as U.S. andnon-U.S. stock indices, single stocks, ETFs, fixed income futures, currencies, and commodities. Frequent buying and selling ofportfolio holdings may occur to seek to achieve the Fund’s investment objective. The Chesapeake Multi Asset Trend Programallocates assets to its Derivatives Component and Equity Component based on the Program’s then-current view of risk levels ofthe wide array of markets. Approximately, one-half of the Fund’s market risk exposure is through the Program’sDerivatives Component and the other half through its Equity Component. See“Additional Information About the Fund’s Principal Investment Strategies” for a more complete description ofthe Chesapeake Multi Asset Trend Program and its two components. DerivativesComponent Forthe Fund’s Derivatives Component, the Chesapeake Multi Asset Trend Program analyzes multiple market metrics to generatetrend-following trade signals (i.e., investment decisions) for derivatives transactions. Through the Derivatives Component, the Fundinvests both long and short across a wide range of asset classes, including equities, fixed income, currencies and commodities,through investments in options on single-name equities, fixed-income ETFs and equity index ETFs; exchange-traded commodity futurescontracts; options on futures contracts and commodities; and spot and forward currency contracts. As noted above, the Derivativescomponent seeks to preserve capital while also seeking to provide positive annual returns. TheFund’s derivatives holdings relate to fixed-income instruments or fixed-income ETFs, currencies (including up to 2% (notionalvalue) in digital currencies), and commodities (e.g., agricultural products, energies, precious and industrial metals). The Funddoes not invest directly in digital currencies; rather the Fund invests in cryptocurrencies only indirectly via exchange-tradedfutures contracts. EquityComponent Forthe Fund’s Equity Component, the Chesapeake Multi Asset Trend Program analyzes a large number of market metrics from a broadrange of markets to generate trend following trade signals to make its long and short investment decisions. As noted above, theEquity Component seeks to preserve capital while also seeking to provide positive annual returns. Underthe Chesapeake Multi Asset Trend Program, the Fund may take long and short positions of U.S. and non-U.S. equity securities aspart of its broader trend-following program. The Fund’s equity holdings may be 100% long, 100% short, or a mix. Forlong holdings, the Fund may invest in the equity securities of U.S. and foreign issuers (directly or via ADRs) without regardto market capitalization. The Fund will take short positions in small-cap, mid-cap, and large-cap, U.S. equity securities or indices.In addition, a portion of the short sales of the Fund’s Equity Strategy may be accomplished by investing in derivatives.That is, the Fund may effect shorting by selling futures contracts on either large-cap equity securities or indices to seek positivereturns from corresponding price declines. The Fund may do so either directly or indirectly via the Subsidiary. See “AdditionalInformation About the Fund’s Principal Investment Strategies” for a description of shorting securities). CashStrategy Blueprintmanages the Fund’s Cash Strategy, which is principally used for margin and collateral purposes for the Fund’s derivativestransactions. The Fund invests in short-term U.S. Treasury securities (i.e., with a duration of 5 years or less), money market funds,cash, and cash equivalents. CaymanSubsidiary TheFund gains exposure to futures contracts and other derivative instruments either directly or indirectly by investingthrough a wholly-owned Cayman Islands subsidiary (the “Subsidiary”) that is advised by Tidal Investments LLC (the“Adviser”) and sub-advised by Chesapeake. The Fund may invest up to 25% of its total assets in the Subsidiary, testedat the end of each fiscal quarter. The Subsidiary generally invests in futures contracts and other derivative instrumentsthat do not generate “qualifying income” under the source of income test required to qualify as a regulated investmentcompany (“RIC”) under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Unlikethe Fund, the Subsidiary may invest without limitation in futures contracts and other derivative instruments; however, the Subsidiarywill comply with the same Investment Company Act of 1940, as amended (the “1940 Act”), requirements that are applicableto the Fund’s transactions in derivatives. In addition, the Subsidiary is subject to the same fundamental investmentrestrictions and will follow the same compliance policies and procedures as the Fund. Unlike the Fund, the Subsidiary does notseek to qualify as a RIC under the Code. The Fund is the sole investor in the Subsidiary and does not expect the shares of theSubsidiary to be offered or sold to other investors. Except as otherwise noted, for the purposes of this Prospectus, referencesto the Fund’s investments include the Fund’s indirect investments through the Subsidiary. Thefinancial statements of the Subsidiary are consolidated with the Fund’s financial statements in the Fund’s Annualand Semi-Annual Reports.
TFPN News
- Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Sees Significant Growth in Short Interest
- Understanding Momentum Shifts in (TFPN)
- Avoiding Lag: Real-Time Signals in (TFPN) Movement
- Discipline and Rules-Based Execution in TFPN Response
- Discipline and Rules-Based Execution in TFPN Response
- Blueprint Chesapeake Multi-Asset Trend ETF (NYSEARCA:TFPN) Short Interest Down 98.8% in June
- Behavioral Patterns of TFPN and Institutional Flows
- (TFPN) Movement Within Algorithmic Entry Frameworks
Data for TFPN is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.