Under typical market conditions, the ATAC Credit Rotation ETF (JOJO) commits a minimum of 80% of its total investable capital (comprising both its net assets and any funds borrowed for investment purposes) to credit-oriented instruments. This substantial allocation can be made either directly or indirectly, through other exchange-traded funds (ETFs) that maintain the same mandate of investing at least 80% of their own assets, plus borrowings, in credit-related securities. The category of credit-related securities is broad, encompassing various debt instruments like fixed-income securities, general debt obligations, and loans.