Overview
ETFT Captain connects individuals and organizations with Alloco’s infrastructure to bring investment strategies into the ETFT framework. A Captain makes portfolio decisions within an agreed mandate, while Alloco coordinates the product setup, execution integration, NAV accounting, and primary-market operations under the applicable arrangements. The onboarding process starts with an initial application through the Alloco website. Following an initial review, Alloco contacts the applicant by email to begin due diligence. Approved proposals then move through integration, launch preparation, and ongoing management.Submitting an application or completing due diligence does not authorize trading or guarantee a product launch. Each Captain and each proposed ETFT must be reviewed, and management begins only after the relevant agreements, permissions, and launch requirements are in place.
From mandate to product
1
Apply through the website
Submit the initial Captain application through the Alloco website. Introduce yourself or your organization and the ETFT you would like to create.This is an initial expression of interest. You do not need to complete both due diligence questionnaires before Alloco contacts you.
2
Receive an invitation to due diligence
Alloco reviews the initial application and follows up by email. If the proposal progresses, the email provides the next steps, an application reference or Captain ID, and instructions for completing due diligence and supplying supporting materials.Alloco may ask for clarification before proceeding. An invitation to due diligence is not final approval.
3
Complete Captain and ETFT due diligence
Complete a Captain profile for the individual or organization responsible for managing the strategy, together with a separate ETFT questionnaire for each proposed product.Alloco reviews the submissions and follows up on any outstanding questions, documents, or proposed parameters. The Captain and product reviews must both be resolved before the proposal proceeds to integration.
4
Complete integration and operational validation
Agree the product mandate and operating arrangements, then configure and validate the supported execution workflow, permissions, risk controls, valuation, and primary-market processes.The integration approach depends on the strategy and supported venues. It does not imply that every strategy, instrument, or external trading system can be supported.
5
Prepare the launch and communications
Coordinate the product page, disclosures, and any agreed PR and marketing activities. Product descriptions, strategy claims, and performance materials must be consistent with the agreed mandate and approved launch materials.The launch date and scope of communications are confirmed after readiness checks. Marketing support does not guarantee capital inflows, investor demand, or a secondary-market listing.
6
Begin ongoing management
Once Alloco confirms activation and the agreed permissions are in place, begin managing the ETFT within its mandate. Continue to monitor positions, follow risk limits, respond to operational issues, and provide the information required under the operating arrangements.
Two levels of due diligence
Due diligence separates the review of the Captain from the review of each product. This allows a Captain to propose multiple ETFTs without repeatedly submitting the same background information.Captain due diligence
Complete or update your Captain profile. Allow approximately 15–20 minutes for a first submission, or about 2 minutes to confirm an unchanged profile.
ETFT due diligence
Submit one questionnaire for each proposed ETFT. Allow approximately 20–30 minutes per product.
Reusing your Captain profile
Use the same Captain ID and associated contact email across product applications. Reference existing supporting documents rather than submitting them again, unless Alloco requests an updated copy. For example, a Captain proposing three ETFTs completes one Captain profile and three ETFT questionnaires. Approval of one ETFT does not approve the other two or extend the Captain’s authority to them. If your profile changes, use the Captain questionnaire to provide an update. For an ETFT update, include the existing product reference and a summary of changes. Each product response should remain a complete specification rather than only a list of amendments. If you have not yet received a reference, follow the instructions in the relevant form. Alloco will reconcile the submission before proceeding.Preparing your submission
Short, specific answers are welcome. Use N/A where a Captain question does not apply. If a product parameter is undecided, write To be agreed and explain the intended approach. Suggested parameters are proposals for review. Entering a fee, risk limit, venue, or trading permission in a questionnaire does not make it effective or create an entitlement to compensation.Integration and launch readiness
Integration translates the agreed strategy into an operational product. Depending on the product, the work includes:
Operational validation must be completed before live management begins. Material changes identified during integration may require further review of the product proposal.
The relevant product specification sets out the final terms. See Pricing & NAV, Fees, and Trading hours & order execution for the broader operating framework.
Manager authority
A Captain can make portfolio decisions within the agreed parameters and activated permissions for an ETFT. The exact legal role and responsibilities are established in the applicable agreements; the Captain designation alone does not confer regulatory authorization. Portfolio decision-making authority does not automatically include unrestricted withdrawals, unit issuance, fee changes, changes to the NAV methodology, or expansion of the product’s mandate. Critical responsibilities are separated so that a portfolio instruction does not itself authorize asset release or creation of unbacked units. Changes outside the agreed mandate must follow the applicable approval process before implementation.Product separation
Each product has its own attributable assets, liabilities, expenses, and unit accounting. Assets of one ETFT are not available to meet another product’s losses or margin obligations without a specifically authorized arrangement reflected in its documents. Legal isolation depends on the actual issuance structure and agreements, not solely on separate internal ledgers. A shared Captain does not, by itself, create a shared asset pool or permission to move assets between products.Ongoing management
After activation, the Captain manages the portfolio within the agreed mandate and works with Alloco on monitoring and operational follow-up. Responsibilities are defined in the applicable agreements and may include:- Monitoring positions, exposures, and compliance with product risk limits.
- Providing information needed for reconciliation, valuation, and product reporting.
- Promptly escalating execution failures, risk-limit breaches, access issues, and other material incidents.
- Disclosing material changes to the Captain’s organization, personnel, strategy, or conflicts of interest.
- Keeping public statements about the ETFT consistent with its current terms and disclosures.