Society Defended ETF

FUND SUMMARY

2ndVote Society Defended ETF (CBOE: EGIS). Defending the 2nd Amendment and Border Security.
The Fund seeks to meet its investment objective by primarily investing its net assets, plus borrowings for investment purposes, if any, in the equity securities of large- and mid- capitalization US companies that meet its social criteria. The Fund uses both a fundamental security analysis and proprietary social rating system to select the equity securities for the portfolio.
The 2nd Amendment and Border Security social scoring system evaluates information about companies’ direct and indirect corporate donations; activities and stated policies of companies; documented sponsorships for various political and advocacy-related events; corporate leadership donations, activities and advocacy; and lobbying spent for or against various issues on federal and state levels.
With respect to the 2nd Amendment Score, the base score will increase for monetary donations that support the right to bear arms or decrease for monetary donations that support gun control laws based on the dollar amount. The degree to which companies provide direct or indirect support to organizations which support gun free zones, support of gun control legislation, oppose stand-your-ground-laws, oppose concealed carry, support banning of firearms or refusal to do business with the firearms industry, and related advocacy groups or legislation will lower their 2nd Amendment Score. Alternatively, the degree to which companies provide direct or indirect support to organizations which support firearm retailers and manufacturers and the right to bear arms will increase their 2nd Amendment Score.
With respect to the Border Security Score, the base score will increase for donations made to causes that support legal immigration or decrease for donations that support illegal immigration. The degree to which companies have an over-reliance on, or have outsourced their supply chain to countries (e.g. China) having interests adverse to the United States or which provide direct or indirect support to organizations that back open borders, promote or support sanctuary cities, that encourage the DREAM Act or are anti-Immigration and Customs Enforcement will result in a low their Border Security Score. Alternatively, the degree to which companies advocate for support of the rule of law, enforcement of federal immigration laws and avoid doing business with or have eliminated supply chain reliance on countries adverse to the United States will increase their Board Security Score. Direct or indirect support of organizations which lower a company’s 2nd Amendment Score and Border Security Score are collectively referred to as “anti-safe society actions.” Ultimately a company receives each a 2nd Amendment Score and Border Security Score of between 1 and 5, which may not be a whole number. Companies with a 2nd Amendment Score or a Border Security Score of less than “3.0” on the scoring system are not included in the Fund’s portfolio.

FUND OBJECTIVE

The objective for this Fund is to generate long-term total return.

WHY EGIS?

Total Return Potential

Designed to maximize appropriate exposure, moderate risk, and maximize reasonable long-term returns.

High Conviction Portfolio

Focused portfolio of approximately 30-40 highest confidence stock selections.

ETF Efficiency

In a single transaction, the Fund provides access to large-and mid-cap-companies that meet its social criteria.

Fund Prices As of

Net Asset Value ­ Daily Change ­ ­
Closing Price ­ Daily Change ­ ­
30-day Median Bid-Ask Spread ­
Premium/Discount ­

Premium/Discount is the amount the ETF is trading above/below the NAV, expressed as a % of the NAV, the ETF is trading at a premium(positive number), and if below, at a discount (negative number)

 

The median value of the bid-ask spread levels measured at 10 second intervals each trading day during the last 30 calendar days

Performance History As of

Fund NAV Market NAV
1 Month
3 Months
6 Months
YTD
1 Year
3 Year
5 Year
Since Inception

Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. Returns include changes in share price and reinvestment of dividends and capital gains, if any.

After-tax returns are calculated based on NAV using the highest individual federal income tax rate and does not reflect the impact of state and local taxes. Actual after-tax returns will depend on an investor's tax situation and may be different from those shown. After-tax would not be relevant to shares owned through a tax-deferred account such as an IRA or 401(k) plan. The return After Taxes on Distributions and Sales of Fund Shares may exceed the Return Before Taxes due to an assumed tax benefit from the pass-through of foreign tax credits and/or from losses on a sale of Fund shares at the end of the measurement perio.

Market returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern time, when the NAV is normally calculated for ETFs. Your returns may differ if you traded shares at other times.

Top Ten Holdings As of

Holdings subject to change.

Fund Details As of ­​­


Key Facts

Ticker EGIS
Inception Date 11/18/20
CUSIP 81386P306
ISIN US81386P3064
Bloomberg Index Ticker
Primary Exchange CBOE

Stats & Fees

Net Assets ­
NAV ­
Shares Outstanding ­
Total Expense Ratio 0.75%
The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company which can be obtained by clicking here. Please read it carefully before investing.
Risks: Investing involves risk. Principal loss is possible. Exchange-Traded Funds (ETFs) trade like stocks, are subject to investment risk, and will fluctuate in market value. Unlike mutual funds, ETF shares are not individually redeemable directly with the Fund, and are bought and sold on the secondary market at market price, which may be higher or lower than the ETF’s net asset value (NAV). Transactions in shares of ETFs will result in brokerage commissions, which will reduce returns.
Unlike typical exchange-traded funds, there are no indexes that the Fund attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager. There is no assurance that the investment process will consistently lead to successful investing. When Scoring and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to securities being included in or excluded from the Fund’s portfolio that would have been excluded or included had the Scoring and Data been correct and complete. If the composition of the Scoring and Data reflects such errors, the Fund’s portfolio can be expected to reflect the errors, too. Because the Fund evaluates social criteria to assess and exclude certain investments for non-financial reasons, it may forego some market opportunities available to funds that do not use these factors. To the extent the Fund invests more heavily in particular sectors of the economy, its performance will be especially sensitive to developments that significantly affect those sectors. Equity securities are volatile and can decline significantly in response to broad market and economic conditions.
The fund is new with a limited operating history.
2ndVote Funds are distributed by Foreside Fund Services, LLC.
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