Citi has been appointed by Tuttle Tactical Management to provide full exchange-traded funds (ETF) services.
As part of the agreement, Citi will provide fund services Tuttle Tactical’s new trend aggregation family of ETFs: the Trend Aggregation US ETF, Trend Aggregation ESG ETF, Trend Aggregation Dividend Stock ETF, and Trend Aggregation Aggressive Growth ETF.
The new business expands on Citi’s existing relationship with Tuttle Tactical where it has provided fund services to the Belpointe Asset Management Tactical Income ETF, which is sub-advised by Tuttle, since its launch in June 2019.
Citi’s services include basket creation, fund accounting and administration, custody, fund compliance, and transfer agency services.
Matt Tuttle, CEO and chief information office of Tuttle Tactical Management, said: “Citi’s holistic approach and innovative ETF platform were core factors in our choice of service providers. We look forward to expanding our strategic partnership with Citi as we execute our future growth plans.”
Dominic Crowe, North America head of Citi’s custody and fund services, added: “We are very pleased to support Tuttle Tactical Management in their ETF servicing needs. Citi is committed to providing end-to-end ETF solutions for innovative asset managers like Tuttle Tactical as we continue to invest in ETF capabilities across our Markets and Securities Services businesses.”
