SGI Enhanced Global Income ETF

July 16, 2024

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
02/29/2024
OBJECTIVE
Seeks income
TICKER
GINX
PRIMARY EXCHANGE
NASDAQ
CUSIP
74933W262
NET ASSETS
$63,838,352.92
PREMIUM/DISCOUNT1
0.00%
30 DAY MEDIAN BID/ASK SPREAD2
0.42%
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.

Risk Management

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

Experienced Investment Team

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

Managed Risk Approach

Performance

DAILY PERFORMANCE
AS OF 2024-07-16

NAV
PRICE
$ Change
$26.88
$26.88
% Change
0.80%
-0.67%

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 2024-07-16

Name
Ticker
CUSIP
Shares
Weight
Market Value
Apple Inc
AAPL
037833100
9973
3.67%
$2,341,859.86
Meta Platforms Inc
META
30303M102
4581
3.51%
$2,243,727.99
Alphabet Inc
GOOG
02079K107
11774
3.42%
$2,184,077.00
Novo Nordisk A/S
NVO
670100205
13577
3.00%
$1,912,591.99
UnitedHealth Group Inc
UNH
91324P102
3427
2.95%
$1,880,977.49
Merck & Co Inc
MRK
58933Y105
14869
2.92%
$1,865,167.36
Equinor ASA
EQNR
29446M102
66863
2.82%
$1,801,957.85
BHP Group Ltd
BHP
088606108
30778
2.76%
$1,760,501.60
Bancolombia SA
CIB
05968L102
48991
2.63%
$1,681,861.03
Shinhan Financial Group Co Ltd
SHG
824596100
37363
2.23%
$1,423,156.67
Civitas Resources Inc
CIVI
17888H103
19393
2.19%
$1,397,459.58
TIM SA/Brazil
TIMB
88706T108
90721
2.19%
$1,396,196.19
United Parcel Service Inc
UPS
911312106
9041
2.09%
$1,332,010.53
Applied Materials Inc
AMAT
038222105
4957
1.91%
$1,218,628.88
Chord Energy Corp
CHRD
674215207
6509
1.80%
$1,151,962.82
Telefonica Brasil SA
VIV
87936R205
124391
1.75%
$1,119,519.00
QUALCOMM Inc
QCOM
747525103
4986
1.64%
$1,045,265.04
NVIDIA Corp
NVDA
67066G104
7353
1.46%
$929,125.08
Frontline PLC
FRO
M46528101
38233
1.43%
$909,945.40
Lam Research Corp
LRCX
512807108
740
1.25%
$796,232.60
First American Government Obligations Fund
FGXXX
31846V336
768251.57
1.20%
$768,251.57
Banco Bilbao Vizcaya Argentaria SA
BBVA
05946K101
71521
1.19%
$758,122.60
FedEx Corp
FDX
31428X106
2408
1.18%
$754,956.16
PepsiCo Inc
PEP
713448108
4243
1.10%
$699,076.68
INFOSYS LTD
INFY
456788108
33017
1.07%
$682,131.22
JPMORGAN CHASE & CO.
JPM
46625H100
3076
1.03%
$657,095.12
TJX Cos Inc/The
TJX
872540109
5568
1.00%
$640,431.36
Coca-Cola Femsa SAB de CV
KOF
191241108
7262
1.00%
$639,273.86
Amazon.com Inc
AMZN
023135106
3260
0.99%
$629,245.20
Bristol-Myers Squibb Co
BMY
110122108
14592
0.94%
$601,190.40
Union Pacific Corp
UNP
907818108
2467
0.94%
$599,629.02
AbbVie Inc
ABBV
00287Y109
3430
0.91%
$580,356.00
Cia Energetica de Minas Gerais
CIG
204409601
289173
0.89%
$569,670.81
American Financial Group Inc/OH
AFG
025932104
4420
0.89%
$569,384.40
Broadcom Inc
AVGO
11135F101
3350
0.89%
$567,406.25
Microsoft Corp
MSFT
594918104
1251
0.88%
$562,349.52
Prudential Financial Inc
PRU
744320102
4264
0.85%
$539,481.28
Lennar Corp
LEN
526057104
3127
0.83%
$530,401.74
Automatic Data Processing Inc
ADP
053015103
2143
0.83%
$526,792.26
UBS Group AG
UBS
H42097107
16040
0.79%
$503,976.80
PDD Holdings Inc
PDD
722304102
3602
0.77%
$489,295.68
Evergy Inc
EVRG
30034W106
8824
0.76%
$483,290.48
NETEASE INC
NTES
64110W102
5180
0.75%
$481,584.60
ICICI Bank Ltd
IBN
45104G104
16034
0.74%
$474,927.08
Walmart Inc
WMT
931142103
6706
0.74%
$469,352.94
Micron Technology Inc
MU
595112103
3673
0.73%
$468,270.77
Cash & Other
Cash&Other
Cash&Other
465667.3
0.73%
$465,667.30
EOG Resources Inc
EOG
26875P101
3389
0.69%
$442,637.29
Home Depot Inc/The
HD
437076102
1181
0.68%
$435,930.72
Coca-Cola Co/The
KO
191216100
5984
0.60%
$384,591.68
Crowdstrike Holdings Inc
CRWD
22788C105
1008
0.58%
$372,002.40
Rio Tinto PLC
RIO
767204100
5589
0.58%
$370,662.48
Ford Motor Co
F
345370860
25242
0.57%
$363,232.38
UFP Industries Inc
UFPI
90278Q108
2839
0.56%
$356,833.91
Shell PLC
SHEL
780259305
4817
0.55%
$350,099.56
TPG Inc
TPG
872657101
7325
0.55%
$349,768.75
Brookfield Corp
BN
11271J107
7351
0.55%
$348,510.91
TFI International Inc
TFII
87241L109
2196
0.55%
$348,175.80
Jackson Financial Inc
JXN
46817M107
4186
0.54%
$347,647.30
Citizens Financial Group Inc
CFG
174610105
8765
0.54%
$347,094.00
ING Groep NV
ING
456837103
18601
0.53%
$340,212.29
GoDaddy Inc
GDDY
380237107
2273
0.53%
$335,585.72
Atlassian Corp
TEAM
049468101
1816
0.52%
$332,636.72
Bank of New York Mellon Corp/The
BK
064058100
5086
0.52%
$330,691.72
DR Horton Inc
DHI
23331A109
2037
0.52%
$330,523.62
American Express Co
AXP
025816109
1320
0.52%
$329,511.60
Shopify Inc
SHOP
82509L107
4718
0.52%
$328,938.96
Permian Resources Corp
PR
71424F105
19661
0.51%
$326,962.43
American Electric Power Co Inc
AEP
025537101
3532
0.51%
$324,414.20
Alibaba Group Holding Ltd
BABA
01609W102
4112
0.50%
$322,298.56
Bank of Nova Scotia/The
BNS
064149107
6716
0.50%
$322,233.68
SAP SE
SAP
803054204
1568
0.50%
$321,236.16
Woori Financial Group Inc
WF
981064108
9751
0.50%
$317,395.05
ELEVANCE HEALTH INC
ELV
036752103
568
0.49%
$314,183.52
Janus Henderson Group PLC
JHG
G4474Y214
8615
0.49%
$313,672.15
Honeywell International Inc
HON
438516106
1431
0.49%
$312,630.57
Progressive Corp/The
PGR
743315103
1472
0.48%
$309,120.00
Kimberly-Clark Corp
KMB
494368103
2164
0.48%
$308,283.44
Clearway Energy Inc
CWEN
18539C204
11935
0.48%
$307,445.60
Berkshire Hathaway Inc
BRK/B
084670702
699
0.48%
$306,791.10
Colgate-Palmolive Co
CL
194162103
3141
0.48%
$305,933.40
American International Group Inc
AIG
026874784
3900
0.48%
$305,331.00
JD.com Inc
JD
47215P106
11122
0.47%
$302,518.40
Allstate Corp/The
ALL
020002101
1799
0.47%
$301,890.19
CSX Corp
CSX
126408103
8494
0.47%
$300,093.02
CRH PLC
CRH
G25508105
3627
0.47%
$299,626.47
Entergy Corp
ETR
29364G103
2754
0.47%
$298,726.38
America Movil SAB de CV
AMX
02390A101
16242
0.47%
$297,715.86
Cigna Group/The
CI
125523100
872
0.46%
$296,227.12
Mastercard Inc
MA
57636Q104
667
0.46%
$295,834.51
Banco Santander SA
SAN
05964H105
60561
0.46%
$292,509.63
Lockheed Martin Corp
LMT
539830109
604
0.44%
$283,022.32
Constellation Energy Corp
CEG
21037T109
1377
0.44%
$282,119.76
PACCAR Inc
PCAR
693718108
2567
0.44%
$279,520.63
Ferguson PLC
FERG
G3421J106
1280
0.43%
$276,646.40
Deere & Co
DE
244199105
720
0.43%
$271,807.20
Honda Motor Co Ltd
HMC
438128308
8327
0.42%
$271,127.12
Target Corp
TGT
87612E106
1723
0.42%
$267,082.23
Vipshop Holdings Ltd
VIPS
92763W103
19405
0.42%
$265,460.40
Aon PLC
AON
G0403H108
878
0.41%
$261,424.50
Sysco Corp
SYY
871829107
3553
0.41%
$259,475.59
POSCO Holdings Inc
PKX
693483109
3731
0.40%
$253,931.86
NIKE Inc
NKE
654106103
2989
0.34%
$217,629.09
CBOE S&P PUT OPT 07/24 5515
SPXW 240716P05515000
SPXW 240716P05515000
-130
0.00%
$-650.00
SPXW US 07/16/24 C5710
SPXW 240716C05710000
SPXW 240716C05710000
-10
0.00%
$-50.00
S&P DOW CLL OPT 07/24 5720
SPXW 240716C05720000
SPXW 240716C05720000
-130
0.00%
$-650.00
SPXW US 07/16/24 P5540
SPXW 240716P05540000
SPXW 240716P05540000
-220
0.00%
$-1,100.00
SPXW US 07/16/24 P5535
SPXW 240716P05535000
SPXW 240716P05535000
-120
0.00%
$-600.00
SPXW US 07/16/24 P5525
SPXW 240716P05525000
SPXW 240716P05525000
-100
0.00%
$-500.00
SPXW US 07/16/24 P5520
SPXW 240716P05520000
SPXW 240716P05520000
-154
0.00%
$-770.00
CBOE S&P CLL OPT 07/24 5725
SPXW 240716C05725000
SPXW 240716C05725000
-137
0.00%
$-685.00
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 INFORMATION

1Premium/Discount If the price of the ETF is trading above its NAV, the ETF is said to be trading at a “premium.” Conversely, if the price of the ETF is trading below its NAV, the ETF is said to be trading at a “discount.” In relatively calm markets, ETF prices and NAV generally stay close.
230-Day Median Bid/Ask Spread % A calculation of the Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
3Alpha is typically used to represent the value added or subtracted by active investment management strategies. It shows how an actively managed investment portfolio performed compared with the expected portfolio returns produced simply by benchmark volatility (beta) and market changes. A positive alpha shows that an investment manager has been able to capture more of the upside movement in the benchmark while softening the downswings. A negative alpha means that the manager's strategies have caught more benchmark downside than upside.

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.