NYSE Closing Bell Celebrates Blueprint Chesapeake Multi-Asset Trend ETF
August 20, 2024
To honor the occasion of the 1-year anniversary of the Blueprint Chesapeake Multi-Asset Trend ETF (ticker: TFPN), the New York Stock Exchange invited Portfolio Managers Jerry Parker and Jon Robinson to ring The Closing Bell® August 9. TFPN is sub-advised by two partners: Blueprint Fund Management (an asset management firm that designs, distributes and manages systematic, process-driven, and transparent investment strategies for financial advisors) and Chesapeake Capital Corporation (an innovative provider of systematic alternative investment solutions that was founded by Parker, who is a legendary Turtle Trader). TFPN seeks capital appreciation by trend following as many as 500 securities, futures, and forward contracts across four macro asset classes, both long and short. The ETF’s massive global diversification and long/short flexibility can adapt during all market cycles.
“This occasion was a tremendous opportunity to celebrate partnership: between TFPN and the NYSE, between Blueprint and Chesapeake, and between our firms and the financial advisors we serve,” says Robinson, Blueprint CEO and Co-Founder and TFPN Portfolio Manager. “The Closing Bell coincided with our 1-year anniversary of this next-generation liquid alt, as well as TFPN’s steady AUM growth, making the afternoon even more of a celebration for our teams.”
For The Closing Bell®, Parker and Robinson were joined by their colleagues, family, friends, and other supporters of TFPN.
While TFPN’s strategy was first packaged as an ETF with its launch in July of 2023, the underlying strategy began trading in 1994 as a limited partnership.
“The launch of TFPN expanded the accessibility of our trend-following principles through an ETF vehicle,” says Parker, Chesapeake Chairman and CEO and TFPN Portfolio Manager. “During the last year, we’ve seen more and more advisors opt to use TFPN as a complement or replacement to other liquid alt strategies, such as managed futures and hedged equity. Unlike many traditional managed futures strategies, TFPN is designed to provide pure trend following with no style drift, avoid over-fitting or over-optimizing, and remove emotion from the decision-making process.”
TFPN’s total expense ratio is 1.10%.
About Blueprint Fund Management
Blueprint Fund Management designs, distributes, and manages systematic, process-driven, and transparent investment strategies for financial advisors and institutions. The firm aims to make trend following strategies highly accessible to advisors by offering and sub-advising investing strategies that are available as a mutual fund or ETF. Across the product offering, the firm applies a rules-based approach to both asset class and time diversification, instilling discipline and removing human bias during emotionally charged market environments.
About Chesapeake Capital Corporation
Chesapeake Capital Corporation is an innovative provider of systematic alternative investment solutions, including a limited partnership, separately managed accounts, and mutual funds. The firm was founded in 1988 by legendary Turtle Trader Jerry Parker, who continues to serve as the Chairman and CEO. The firm’s consistent, single-minded approach to managing client capital is trend following, and its client base includes private and institutional investors worldwide.