Verdicts genuinely change. Free email alert the moment ECHCX's does — no target price to set, unlike "Alert" above.
Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
AXS Chesapeake Strategy Fund · INVESTMENT MANAGERS SERIES TRUST II
41 holdings
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 177% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
UNVERIFIED None of this fund's 41 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.
Largest holdings: UMB MONEY MARKET FIDUCIARY /, UMB IB MONEY MARKET II /, EURO CURRENCY /, CANADIAN DOLLARS /, EURO CURRENCY /.
41 holdings, 0 matched (0% of weight). Portfolio as of 2025-12-31, filed 2026-02-24. Source: SEC Form N-PORT.
Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| UMB MONEY MARKET FIDUCIARY / | UNSCREENED | 83.18% | no in-house ratios for this holding |
| UMB IB MONEY MARKET II / | UNSCREENED | 79.87% | no in-house ratios for this holding |
| EURO CURRENCY / | UNSCREENED | 3.87% | no in-house ratios for this holding |
| CANADIAN DOLLARS / | UNSCREENED | 3.52% | no in-house ratios for this holding |
| EURO CURRENCY / | UNSCREENED | 1.36% | no in-house ratios for this holding |
| GREAT BRITAIN POUND / | UNSCREENED | 1.05% | no in-house ratios for this holding |
| SWEDISH KRONA / | UNSCREENED | 0.55% | no in-house ratios for this holding |
| MALAYSIAN RINGGIT / | UNSCREENED | 0.47% | no in-house ratios for this holding |
| AUSTRALIAN DOLLAR / | UNSCREENED | 0.42% | no in-house ratios for this holding |
| CANADIAN DOLLARS / | UNSCREENED | 0.28% | no in-house ratios for this holding |
| EURO-BUND FUTURES MAR 2026 / | UNSCREENED | 0.25% | no in-house ratios for this holding |
| JPY YEN CURR FUT MARCH 26 / | UNSCREENED | 0.23% | no in-house ratios for this holding |
| MSCI EMGMKT FUT MAR 26 / | UNSCREENED | 0.20% | no in-house ratios for this holding |
| S&P/TORONTO 60 INDEX MAR 2026 / | UNSCREENED | 0.18% | no in-house ratios for this holding |
| FTSE 100 IDX FUT MARCH 2026 / | UNSCREENED | 0.17% | no in-house ratios for this holding |
| EURO BUXL 30YR BND MAR 26 / | UNSCREENED | 0.16% | no in-house ratios for this holding |
| FTSE/MIB IDX FUT MARCH 26 / | UNSCREENED | 0.13% | no in-house ratios for this holding |
| MEXICAN PESO FUT MAR 2026 / | UNSCREENED | 0.12% | no in-house ratios for this holding |
| 10 YR T-NOTE FUTURE MAR 2026 / | UNSCREENED | 0.12% | no in-house ratios for this holding |
| ULTRA LONG T-BOND FUTURE MAR 2026 / | UNSCREENED | 0.11% | no in-house ratios for this holding |
| AUST 10Y BOND FUT MAR 26 / | UNSCREENED | 0.09% | no in-house ratios for this holding |
| 5YR T-NOTE FUTURE MAR 2026 / | UNSCREENED | 0.09% | no in-house ratios for this holding |
| ICE ECX EMISSION DEC 25 / | UNSCREENED | 0.08% | no in-house ratios for this holding |
| EURO STOXX 50 MAR 26 / | UNSCREENED | 0.08% | no in-house ratios for this holding |
| JAPANESE YEN / | UNSCREENED | 0.08% | no in-house ratios for this holding |
| EURO - BTP FUTURE MAR 26 / | UNSCREENED | 0.07% | no in-house ratios for this holding |
| E-MINI DOW MAR 26 / | UNSCREENED | 0.07% | no in-house ratios for this holding |
| USD / SEK MAR 26 / | UNSCREENED | 0.07% | no in-house ratios for this holding |
| SPI 200 FUTURES MAR 26 / | UNSCREENED | 0.07% | no in-house ratios for this holding |
| MSCI EAFE INDEX MAR 26 / | UNSCREENED | 0.04% | no in-house ratios for this holding |
| NASDAQ 100 E-MINI MARCH 2026 / | UNSCREENED | 0.03% | no in-house ratios for this holding |
| NIKKEI 225 (SGX) MAR 26 / | UNSCREENED | 0.03% | no in-house ratios for this holding |
| EUR/USD FUTURE MARCH 2026 / | UNSCREENED | 0.03% | no in-house ratios for this holding |
| NY HARBOR ULSD JAN 2026 / | UNSCREENED | 0.03% | no in-house ratios for this holding |
| BP CURRENCY FUTURE MAR 26 / | UNSCREENED | 0.03% | no in-house ratios for this holding |
| LONG GILT FUTURE MAR 2026 / | UNSCREENED | 0.02% | no in-house ratios for this holding |
| SOUTH AFRICAN RAND / | UNSCREENED | 0.02% | no in-house ratios for this holding |
| S&P 500 EMINI FUT MAR 26 / | UNSCREENED | 0.01% | no in-house ratios for this holding |
| 2YR T-NOTE FUT MAR26 INDEX MAR 26 / | UNSCREENED | 0.01% | no in-house ratios for this holding |
| CHF CURRENCY FUT MAR 26 / | UNSCREENED | 0.00% | no in-house ratios for this holding |
| AUD USD CURNCY FUT MAR 26 / | UNSCREENED | 0.00% | no in-house ratios for this holding |
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.
| Holding | Weight | Verdict |
|---|---|---|
| UMB MONEY MARKET FIDUCIARY /not matched to a ticker | 83.18% | Not screened |
| UMB IB MONEY MARKET II /not matched to a ticker | 79.87% | Not screened |
| EURO CURRENCY /not matched to a ticker | 3.87% | Not screened |
| CANADIAN DOLLARS /not matched to a ticker | 3.52% | Not screened |
| EURO CURRENCY /not matched to a ticker | 1.36% | Not screened |
| GREAT BRITAIN POUND /not matched to a ticker | 1.05% | Not screened |
| SWEDISH KRONA /not matched to a ticker | 0.55% | Not screened |
| MALAYSIAN RINGGIT /not matched to a ticker | 0.47% | Not screened |
| AUSTRALIAN DOLLAR /not matched to a ticker | 0.42% | Not screened |
| CANADIAN DOLLARS /not matched to a ticker | 0.28% | Not screened |
Top 10 of 41 holdings, 174.6% of the fund by weight. Every holding is screened, not only these.
The positions keeping this fund short of 100% compliant by weight.
Verdict history for ECHCX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.
Tracked since 2026-09-07.
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.