Ticker: LPSV
Overview
HIGHLIGHTS
A high conviction, concentrated (less than 50 holdings) strategy that opportunistically combines investments in two distinct types of companies: Durable Value and Dynamic Value businesses.
- Durable Value: companies deemed by us to be attractive with a history of solid returns on invested capital, capable management teams, and competitive advantages.
- Dynamic Value: opportunistic and eclectic investments in companies that do not meet our criteria for Durable Value classification but have attractive expected return potential, based on our research.
INVESTMENT APPROACH
- Strong balance sheets with manageable debt burdens
- Key Thesis Points™ (catalysts for fundamental improvement) that we believe result in better-than-expected financial results
*The Russell Midcap® Index is an unmanaged, float-adjusted, market-capitalization-weighted index designed to measure the performance of the mid-capitalization segment of the U.S. equity market. It is a subset of the broader Russell 1000® Index and is composed of approximately 800 of its smallest corporate issuers.
Quick Look
Total Assets
(all share classes)
$XXX mm
Inception Date
MM/DD/YYYY
CUSIP
XXXXXXXXX
Primary Benchmark
Index Placeholder
Minimum Initial Investment
$XXX,XXX
Gross Expense Ratio
X.XX%
Net Expense Ratio*
X.XX%
Availability
Open
Portfolio holdings exclude cash and short-term investments. Cash represented 3.5% of the total portfolio. Current and future holdings are subject to change and risk. For a complete list of the Fund’s portfolio securities, call 800.673.0550.
Important Disclosures
Investors should consider the investment objectives, risks, and charges and expense of the Fund before investing. The prospectus contains this and other information about the Fund and should be read carefully before investing. The prospectus may be obtained by calling (800) 811-3359 or visiting https://lonepeakglobalETFs.com.
Information about Risk
The Fund is newly formed and has no operating history. Investing involves risk, including loss of principal. The value of the fund’s shares, when redeemed, may be worth more or less than their original cost. Value investing involves the risk that an investment made in undervalued securities may not appreciate in value as anticipated or remain undervalued for long periods of time.
Smaller companies tend to be more volatile, less liquid, and more vulnerable to adverse business or market conditions than large-cap companies, making their securities riskier to hold and harder to trade. The Fund is non-diversified, which means it may be invested in a limited number of issuers and susceptible to any economic, political and regulatory events than a more diversified fund. While the shares of ETFs are tradeable on secondary markets, they many not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade like stocks and are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF’s net asset value. Brokerage commissions and ETF expenses will reduce returns. There is no guarantee that the Fund will achieve its objective.