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 | Median Bid/Ask Spread | Fact Sheet |
|---|---|---|---|---|---|---|---|
| LCG | Russell 1000® Growth | 0.59% | $29.61 | $29.59 | -$0.02 | 0.0017% |
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).
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 | 0.17% | 2.42% | 5.22% | 4.63% | 16.39% | 2.60% | 4.19% | 4.08% |
| Closing Market Price | 0.24% | 2.39% | 5.34% | 4.56% | 16.18% | 2.71% | 3.90% | 4.06% |
| Term | 1 Mo. | QTR | 1 Yr. | Since Inception |
|---|---|---|---|---|
| NAV | 1.83% | 6.89% | 24.61% | 3.57% |
| Closing Market Price | 1.80% | 6.66% | 24.40% | 3.52% |
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).
Historical Premium/Discount
| Term | Cal. Yr. 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 |
|---|---|---|---|---|---|
| Days at premium | 80 | 37 | 33 | 4 | 4 |
| Days at discount | 103 | 13 | 25 | 58 | 27 |
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 |
|---|---|---|---|---|
| ADYEY | 00783V104 | ADYEN NV-UNSPON | 293,994 | 9.91% |
| SHOP | 82509L107 | SHOPIFY INC - A | 34,246 | 9.30% |
| SPGI | 78409V104 | S&P GLOBAL INC | 6,046 | 7.89% |
| CSGP | 22160N109 | COSTAR GROUP INC | 33,723 | 6.31% |
| GOOG | 02079K107 | ALPHABET INC-C | 10,501 | 4.90% |
| IDXX | 45168D104 | IDEXX LABS | 4,500 | 4.87% |
| AMZN | 023135106 | AMAZON.COM INC | 9,055 | 4.81% |
| MDB | 60937P106 | MONGODB INC | 6,038 | 4.53% |
| MSCI | 55354G100 | MSCI INC | 2,853 | 4.43% |
| SAIA | 78709Y105 | SAIA INC | 3,271 | 4.38% |
| VEEV | 922475108 | VEEVA SYSTEMS-A | 7,746 | 4.22% |
| HUBS | 443573100 | HUBSPOT INC | 2,204 | 3.91% |
| NOW | 81762P102 | SERVICENOW INC | 1,405 | 3.73% |
| ODFL | 679580100 | OLD DOMINION FRT | 6,600 | 3.63% |
| WDAY | 98138H101 | WORKDAY INC-A | 5,307 | 3.58% |
| ASML | N07059210 | ASML HOLDING-NY | 2,046 | 3.52% |
| TEAM | 049468101 | ATLASSIAN CORP-A | 5,275 | 3.39% |
| TOELY | 889110102 | TOKYO ELECTR-ADR | 18,161 | 3.32% |
| CDNS | 127387108 | CADENCE DESIGN | 4,109 | 3.20% |
| SNPS | 871607107 | SYNOPSYS INC | 2,254 | 3.13% |
| MSFT | 594918104 | MICROSOFT CORP | 2,862 | 3.11% |
| USD | USD | US DOLLARS | 10,277 | 0.03% |
| RECPAY | RECPAY | Receivables/Payables | -40,084 | -0.10% |
1Holding 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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