Chesapeake Trend-Following Fixed Income ETF (TFFI)

The Chesapeake Trend-Following Fixed Income ETF (TFFI) is an exchange-traded fund associated with Chesapeake Capital, a firm long known for systematic trend-following strategies in futures markets.

The fund applies a rules-based trend-following approach to fixed income. Rather than holding a static bond portfolio, it adjusts its exposure to interest rate instruments such as Treasury futures based on price trends, potentially increasing duration when bond prices are rising and reducing or reversing it when they are falling.

Its objective is to seek positive returns from fixed income markets in a variety of interest rate environments, offering an alternative to traditional buy-and-hold bond funds.