SGI Enhanced Global Income ETF

April 12, 2024

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
02/29/2024
OBJECTIVE
Seeks income
TICKER
GINX
PRIMARY EXCHANGE
NASDAQ
CUSIP
74933W262
NET ASSETS
$50,327,008.99
PREMIUM/DISCOUNT1
0.13%
30 DAY MEDIAN BID/ASK SPREAD2
0.23%
GROSS EXPENSE RATIO
0.98%

Seeking Higher Income from Equity Exposure

The SGI Global Enhanced Income ETF (GINX) seeks to generate current income and enhanced yield by actively investing in global companies (primarily large- and mid-cap) that currently offer dividend income. Emphasizing reduced volatility through disciplined value investment, our goal is to outperform and receive higher dividend yields when compared to the underlying indices.

GINX uses an innovative, actively traded put and call options methodology that harnesses exposure to the S&P 500 Index or other broad benchmark indices, but with a dedicated emphasis on risk control. We believe this gives GINX increased potential of providing improved yield compared to traditional option-based strategies.

Why invest in GINX?

Income Generation

Designed for investors looking to experience income derived from two distinct sets of holdings: 1) dividends that are generated from a diversified portfolio of global equities that historically generate attractive dividends, and 2) an enhanced income component derived from an ultra-short-term options strategy that seeks to provide additional daily income.

Diversification

Invests across a diversified portfolio of global companies that exhibit attractive growth characteristics— growth potential and quality of earnings—with an emphasis on current dividends, while seeking downside protection through our Managed Risk ApproachTM.

Experienced Investment Team

SGI Portfolio Managers have deep expertise in multi-asset income investing, including asset allocation, tactical positioning, and rigorous research.

Risk Management

Managed Risk ApproachTM utilizes dynamic hedging through call options or underlying futures.

Managed Risk Approach

Performance

DAILY PERFORMANCE
AS OF 2024-04-12

NAV
PRICE
$ Change
$25.23
$25.26
% Change
-1.37%
-1.38%

Portfolio Managers

Aash M. Shah, CFA

Head of Investments & Sr. Portfolio Manager

David Harden, Founder

President | Portfolio Manager | Chief Executive Officer | Chief Investment Officer

Holdings as of 2024-04-12

Name
Ticker
CUSIP
Shares
Weight
Market Value
Coca-Cola Femsa SAB de CV
KOF
191241108
22772
4.30%
$2,211,616.64
Alphabet Inc
GOOG
02079K107
12324
3.81%
$1,961,857.56
Apple Inc
AAPL
037833100
10283
3.53%
$1,815,463.65
Novo Nordisk A/S
NVO
670100205
13660
3.31%
$1,700,806.60
Berkshire Hathaway Inc
BRK/B
084670702
3917
3.07%
$1,579,569.42
Bancolombia SA
CIB
05968L102
41550
2.79%
$1,433,475.00
Shinhan Financial Group Co Ltd
SHG
824596100
46840
2.73%
$1,405,200.00
Equinor ASA
EQNR
29446M102
49093
2.69%
$1,385,404.46
TIM SA/Brazil
TIMB
88706T108
77935
2.56%
$1,314,763.45
UnitedHealth Group Inc
UNH
91324P102
2932
2.50%
$1,287,734.40
Meta Platforms Inc
META
30303M102
2509
2.50%
$1,284,357.10
Merck & Co Inc
MRK
58933Y105
10181
2.49%
$1,280,158.94
Telefonica Brasil SA
VIV
87936R205
131102
2.44%
$1,253,335.12
Mastercard Inc
MA
57636Q104
2528
2.29%
$1,176,480.64
Lockheed Martin Corp
LMT
539830109
2409
2.11%
$1,085,013.60
ServiceNow Inc
NOW
81762P102
1392
2.08%
$1,070,044.32
GSK PLC
GSK
37733W204
26065
2.06%
$1,059,802.90
Chord Energy Corp
CHRD
674215207
5589
2.03%
$1,045,813.68
TJX Cos Inc/The
TJX
872540109
9452
1.73%
$892,457.84
First American Government Obligations Fund
FGXXX
31846V336
769513.08
1.50%
$769,513.08
Applied Materials Inc
AMAT
038222105
3555
1.44%
$738,942.30
Walmart Inc
WMT
931142103
11923
1.39%
$717,049.22
Lam Research Corp
LRCX
512807108
741
1.38%
$709,166.64
Ambev SA
ABEV
02319V103
292406
1.34%
$687,154.10
Telkom Indonesia Persero Tbk PT
TLK
715684106
32748
1.32%
$679,521.00
Booking Holdings Inc
BKNG
09857L108
191
1.31%
$674,573.80
Takeda Pharmaceutical Co Ltd
TAK
874060205
44135
1.15%
$590,084.95
Humana Inc
HUM
444859102
1847
1.12%
$577,353.73
EOG Resources Inc
EOG
26875P101
3759
0.98%
$505,134.42
Amazon.com Inc
AMZN
023135106
2650
0.96%
$493,244.50
Chevron Corp
CVX
166764100
3057
0.94%
$485,940.72
KB Financial Group Inc
KB
48241A105
9452
0.87%
$445,850.84
Microsoft Corp
MSFT
594918104
1041
0.85%
$439,197.90
Banco Bilbao Vizcaya Argentaria SA
BBVA
05946K101
40408
0.83%
$426,304.40
GoDaddy Inc
GDDY
380237107
3341
0.80%
$411,945.30
Gerdau SA
GGB
373737105
95257
0.80%
$411,510.24
TFI International Inc
TFII
87241L109
2606
0.79%
$406,900.84
NETEASE INC
NTES
64110W102
4130
0.74%
$380,579.50
QUALCOMM Inc
QCOM
747525103
2193
0.73%
$375,638.97
Evergy Inc
EVRG
30034W106
7206
0.71%
$367,145.70
Toyota Motor Corp
TM
892331307
1425
0.67%
$346,232.25
Bristol-Myers Squibb Co
BMY
110122108
7114
0.67%
$343,463.92
Union Pacific Corp
UNP
907818108
1458
0.66%
$341,755.20
Adobe Inc
ADBE
00724F101
708
0.65%
$335,655.72
United Parcel Service Inc
UPS
911312106
2276
0.64%
$329,815.16
Cash & Other
Cash&Other
Cash&Other
325162.87
0.63%
$325,162.87
Home Depot Inc/The
HD
437076102
940
0.63%
$322,297.80
TELUS Corp
TU
87971M103
19515
0.60%
$309,312.75
Rio Tinto PLC
RIO
767204100
4623
0.59%
$305,071.77
Coca-Cola Co/The
KO
191216100
5233
0.59%
$304,979.24
ELEVANCE HEALTH INC
ELV
036752103
581
0.56%
$289,041.69
Hershey Co/The
HSY
427866108
1394
0.50%
$259,005.20
Unilever PLC
UL
904767704
5522
0.50%
$258,208.72
UFP Industries Inc
UFPI
90278Q108
2189
0.49%
$253,201.63
Micron Technology Inc
MU
595112103
2016
0.48%
$247,000.32
Smartsheet Inc
SMAR
83200N103
6532
0.48%
$246,060.44
Honda Motor Co Ltd
HMC
438128308
6800
0.48%
$245,480.00
Eni SpA
E
26874R108
7307
0.47%
$242,007.84
Exxon Mobil Corp
XOM
30231G102
2007
0.47%
$241,582.59
Netflix Inc
NFLX
64110L106
383
0.46%
$238,543.89
PDD Holdings Inc
PDD
722304102
2065
0.46%
$238,507.50
DR Horton Inc
DHI
23331A109
1551
0.46%
$235,302.21
America Movil SAB de CV
AMX
02390A101
13035
0.46%
$235,281.75
Banco de Chile
BCH
059520106
10532
0.46%
$234,652.96
Sony Group Corp
SONY
835699307
2779
0.45%
$233,408.21
Vipshop Holdings Ltd
VIPS
92763W103
14312
0.45%
$232,570.00
Entergy Corp
ETR
29364G103
2231
0.45%
$229,592.21
Alibaba Group Holding Ltd
BABA
01609W102
3207
0.44%
$228,627.03
CRH PLC
CRH
G25508105
2769
0.44%
$228,276.36
Cia Energetica de Minas Gerais
CIG
204409601
92118
0.44%
$227,531.46
NIKE Inc
NKE
654106103
2471
0.44%
$227,332.00
Deere & Co
DE
244199105
572
0.44%
$227,238.44
S&P Global Inc
SPGI
78409V104
543
0.44%
$226,870.83
Janus Henderson Group PLC
JHG
G4474Y214
7095
0.44%
$225,124.35
Ares Management Corp
ARES
03990B101
1712
0.44%
$224,871.20
ING Groep NV
ING
456837103
14204
0.44%
$224,565.24
PepsiCo Inc
PEP
713448108
1331
0.43%
$223,741.10
CME Group Inc
CME
12572Q105
1067
0.43%
$223,536.50
Air Products and Chemicals Inc
APD
009158106
964
0.43%
$223,194.92
Skyworks Solutions Inc
SWKS
83088M102
2185
0.43%
$221,886.75
Broadcom Inc
AVGO
11135F101
165
0.43%
$221,771.55
Sysco Corp
SYY
871829107
2946
0.43%
$221,686.50
Procter & Gamble Co/The
PG
742718109
1424
0.43%
$221,189.92
Target Corp
TGT
87612E106
1327
0.43%
$220,441.24
JD.com Inc
JD
47215P106
8655
0.43%
$219,750.45
Ferguson PLC
FERG
G3421J106
1012
0.43%
$218,915.84
Ryanair Holdings PLC
RYAAY
783513203
1568
0.42%
$218,438.08
Lennar Corp
LEN
526057104
1366
0.42%
$218,423.40
POSCO Holdings Inc
PKX
693483109
3065
0.42%
$215,622.75
Sanofi SA
SNY
80105N105
4650
0.42%
$213,574.50
Shopify Inc
SHOP
82509L107
3050
0.41%
$213,500.00
FedEx Corp
FDX
31428X106
788
0.41%
$211,026.40
Aon PLC
AON
G0403H108
685
0.41%
$210,980.00
Centene Corp
CNC
15135B101
2977
0.41%
$210,563.21
BlackRock Inc
BLK
09247X101
270
0.40%
$206,118.00
McDonald's Corp
MCD
580135101
749
0.39%
$200,275.11
United Therapeutics Corp
UTHR
91307C102
568
0.26%
$132,111.12
CBOE S&P PUT OPT 04/24 4800
SPXW 240415P04800000
SPXW 240415P04800000
-55
0.00%
$-1,650.00
CBOE S&P CLL OPT 04/24 5185
SPXW 240412C05185000
SPXW 240412C05185000
-30
0.00%
$-150.00
CBOE S&P CLL OPT 04/24 5200
SPXW 240412C05200000
SPXW 240412C05200000
-100
0.00%
$-500.00
CBOE S&P CLL OPT 04/24 5280
SPXW 240412C05280000
SPXW 240412C05280000
-300
0.00%
$-1,500.00
CBOE S&P CLL OPT 04/24 5215
SPXW 240412C05215000
SPXW 240412C05215000
-100
0.00%
$-500.00
CBOE S&P CLL OPT 04/24 5255
SPXW 240412C05255000
SPXW 240412C05255000
-100
0.00%
$-500.00
SPXW US 04/12/24 P4995
SPXW 240412P04995000
SPXW 240412P04995000
-400
0.00%
$-2,000.00
SPXW US 04/12/24 P5005
SPXW 240412P05005000
SPXW 240412P05005000
-300
0.00%
$-1,500.00
CBOE S&P PUT OPT 04/24 5020
SPXW 240412P05020000
SPXW 240412P05020000
-20
0.00%
$-100.00
CBOE S&P CLL OPT 04/24 5305
SPXW 240415C05305000
SPXW 240415C05305000
-55
0.00%
$-605.00
CBOE S&P CLL OPT 04/24 5195
SPXW 240412C05195000
SPXW 240412C05195000
-100
0.00%
$-500.00
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.

Historical Premium/Discount

Important Risk Information

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in The SGI Global Income ETF's prospectus. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. The Fund is a newly organized, diversified management investment company with no operating history. To the extent the Fund invests in Underlying Funds that invest in fixed income securities, the Fund will be subject to fixed income securities risks. While fixed income securities normally fluctuate less in price than stocks, there have been extended periods of increases in interest rates that have caused significant declines in fixed income securities prices. To the extent that a Fund invests in Underlying Funds that invest in high-yield securities and unrated securities of similar credit quality (commonly known as “junk bonds”), the Fund may be subject to greater levels of interest rate and credit risk than funds that do not invest in such securities. Small cap companies that the Underlying Funds may invest in may be more volatile than, and not as readily marketable as, those of larger companies. Small companies may also have limited product lines, markets or financial resources and may be dependent on relatively small or inexperienced management groups. Underlying Funds that invest in foreign securities may be subject to special risks, including, but not limited to, currency exchange rate volatility, political, social, or economic instability, less publicly available information, less stringent investor protections and differences in taxation, auditing and other financial practices. Investments in emerging market securities by Underlying Funds are subject to higher risks than those in developed countries because there is greater uncertainty in less established markets and economies. To the extent the Fund invests in Underlying Funds that focus their investments in a particular industry or sector, the Fund’s shares may be more volatile and fluctuate more than shares of a fund investing in a broader range of securities. A company issuing dividend-paying securities may fail and have to decrease or eliminate its dividend. In such an event, the Fund may not only lose the dividend payout, but the stock price of the company may fall. The Fund’s investments in derivative instruments including options, forward currency exchange contracts, swaps, and futures, which may be leveraged, may result in losses. Investments in derivative instruments may result in losses exceeding the amounts invested. The use of derivatives is a highly specialized activity that involves investment techniques and risks different from those associated with investments in more traditional securities and instruments.
Diversification does not eliminate the risk of experiencing investment loss.
Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Distributed by Quasar Distributors, LLC.