Overview
Inception Date
08.26.2020
Type
Active Equity ETF
CUSIP
66538H385
Primary Exchange
NYSE Arca
| Ticker | Benchmark | Expense Ratio | NAV | Closing Market Price | Premium/Discount | 30-Day Median Bid/Ask Spread |
Fact Sheet |
|---|---|---|---|---|---|---|---|
| LCG | Russell 1000® Growth | 0.59% | $27.61 | $27.61 | $0.00 | 0.0000% |
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 888-637-7798. Total annual fund operating expenses are 0.59%. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Beginning November 2, 2020, market price returns are calculated using the closing price and account for distributions from the funds. Prior to November 2, 2020, market price returns were calculated using the midpoint price and accounted for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).
30-Day Median Bid-Ask Spread is defined as the average difference between the highest price a buyer is willing to pay and the lowest price the seller is willing to accept, over the past 30 days.
Investment Objective
Seeks long-term capital appreciation. The fund seeks positions featuring attractive and sustainable multi-year return profiles.
Philosophy
Seeks positions featuring attractive and sustainable multi-year return profiles underpinned by businesses perceived to possess:
- Robust financial returns and visible reinvestment opportunities
- Talented management
- Exposure to the four pillars: operating growth, strong balance sheets, high profitability, and attractive valuations
Portfolio Manager
Performance
| Term | 1 Day | 1 Mo. | 3 Mo. | 6 Mo. | 1 Yr. | QTD | YTD | Since Inception |
|---|---|---|---|---|---|---|---|---|
| NAV | 2.37% | -4.46% | -12.68% | -1.78% | -3.46% | -0.72% | -7.10% | 2.15% |
| Closing Market Price | 2.53% | -4.30% | -12.57% | -1.71% | -3.36% | -0.54% | -7.04% | 2.15% |
| Term | 1 Mo. | QTR | 1 Yr. | Since Inception |
|---|---|---|---|---|
| NAV | -9.59% | -6.43% | -9.00% | 2.35% |
| Closing Market Price | -9.66% | -6.53% | -9.25% | 2.31% |
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 888-637-7798. Total annual fund operating expenses are 0.59%. Please review the fund’s prospectus for more information regarding the fund’s fees and expenses. Beginning November 2, 2020, market price returns are calculated using the closing price and account for distributions from the funds. Prior to November 2, 2020, market price returns were calculated using the midpoint price and accounted for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).
30-Day Median Bid-Ask Spread is defined as the average difference between the highest price a buyer is willing to pay and the lowest price the seller is willing to accept, over the past 30 days.
Historical Premium/Discount
| Term | Cal. Yr. 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 |
|---|---|---|---|---|---|
| Days at premium | 84 | 4 | 10 | 7 | - |
| Days at discount | 142 | 58 | 46 | 38 | 13 |
The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). Beginning November 2, 2020, market price data will be reflecting the official closing price. Prior to November 2, 2020, market price data is shown as the midpoint price. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds). The table shows the premium or discount of the Mid-Point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range. This data is provided for information purposes only and is not intended for trading purposes. Past performance does not guarantee future results.
| Ticker | CUSIP | Description | Quantity | Portfolio Weight |
|---|---|---|---|---|
| MDB | 60937P106 | MONGODB INC | 5,110 | 2.74% |
| SHOP US | 82509L107 | SHOPIFY INC - A | 13,837 | 4.14% |
| MSFT | 594918104 | MICROSOFT CORP | 2,422 | 2.99% |
| TEAM | 049468101 | ATLASSIAN CORP-A | 4,467 | 3.06% |
| SPGI | 78409V104 | S&P GLOBAL INC | 5,441 | 8.42% |
| ADYEY | 00783V104 | ADYEN NV-UNSPON | 248,770 | 13.62% |
| SAIA | 78709Y105 | SAIA INC | 2,775 | 3.12% |
| CSGP | 22160N109 | COSTAR GROUP INC | 32,695 | 8.81% |
| GOOG | 02079K107 | ALPHABET INC-C | 8,041 | 4.18% |
| SNPS | 871607107 | SYNOPSYS INC | 1,910 | 2.66% |
| NOW | 81762P102 | SERVICENOW INC | 1,189 | 3.18% |
| IDXX | 45168D104 | IDEXX LABS | 5,393 | 7.57% |
| CDNS | 127387108 | CADENCE DESIGN | 3,477 | 3.04% |
| ASML | N07059210 | ASML HOLDING-NY | 2,110 | 4.57% |
| AMZN | 023135106 | AMAZON.COM INC | 7,099 | 4.22% |
| MSCI | 55354G100 | MSCI INC | 2,421 | 4.25% |
| WDAY | 98138H101 | WORKDAY INC-A | 4,491 | 3.32% |
| HUBS | 443573100 | HUBSPOT INC | 1,868 | 3.48% |
| TOELY | 889110102 | TOKYO ELECTR-ADR | 18,215 | 4.16% |
| VEEV | 922475108 | VEEVA SYSTEMS-A | 7,040 | 5.11% |
| ODFL | 679580100 | OLD DOMINION FRT | 6,821 | 3.44% |
| USD | USD | US DOLLARS | 6,124 | 0.02% |
| RECPAY | RECPAY | Receivables/Payables | -31,002 | -0.10% |
Holding data is provided “as of” the date indicated. Holdings are subject to change without notice. Holdings are provided for informational purposes only and should be not be considered a recommendation to buy or sell the securities listed.
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