SGI Enhanced Market Leaders ETF

October 30, 2026

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
05/05/2025
OBJECTIVE
Seek Capital Appreciation and Income
TICKER
LDRX
PRIMARY EXCHANGE
NASDAQ
CUSIP
74933W189
NET ASSETS
$249,927,066.14
PREMIUM/DISCOUNT1
0.07%
30 DAY MEDIAN BID/ASK SPREAD2
0.25%
GROSS EXPENSE RATIO
0.50%

Market Leaders and Enhanced Yield

LDRX seeks to deliver enhanced income and capital appreciation by investing in stocks of companies it considers “market leaders”. The portfolio focuses on companies with consistent leadership in earnings, debt, and valuations, and adjusts positions based on changing risk/return profiles and idiosyncratic risks.

This active strategy aims to generate an “enhanced yield” by an options overlay. This approach seeks to generate income from premiums while keeping costs low.

LDRX may also invest in ETFs and other funds to support diversification and liquidity. With risk management at its core, the strategy seeks equity growth with income generation through options.

Why invest in LDRX?

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.

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 2026-10-30

NAV
PRICE
$ Change
$35.98
$36.01
% Change
-2.04%
-2.03%

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than the performance shown. Current performance may be lower or higher than that shown here. For performance current to the most recent month-end, please call 855-744-8500.

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 2026-10-30

Name
Ticker
CUSIP
Shares
Weight
Market Value
Apple Inc
AAPL
037833100
76644
10.55%
$26,413,821.72
NVIDIA Corp
NVDA
67066G104
128294
10.49%
$26,254,084.16
Microsoft Corp
MSFT
594918104
38813
8.09%
$20,256,892.83
Alphabet Inc
GOOGL
02079K305
57677
6.45%
$16,140,331.68
Amazon.com Inc
AMZN
023135106
52941
5.08%
$12,724,369.35
Broadcom Inc
AVGO
11135F101
25582
3.33%
$8,341,778.56
Meta Platforms Inc
META
30303M102
11592
2.85%
$7,128,964.08
Tesla Inc
TSLA
88160R101
14479
2.31%
$5,788,848.99
Eli Lilly & Co
LLY
532457108
4071
2.31%
$5,770,805.34
Micron Technology Inc
MU
595112103
5919
2.09%
$5,236,776.06
Berkshire Hathaway Inc
BRK/B
084670702
9545
2.07%
$5,178,067.05
JPMORGAN CHASE & CO.
JPM
46625H100
14349
1.93%
$4,836,186.96
Advanced Micro Devices Inc
AMD
007903107
8450
1.70%
$4,265,560.00
ExxonMobil Holdings Corp
XOM
30233Q108
20805
1.56%
$3,895,736.25
Visa Inc
V
92826C839
8778
1.45%
$3,630,493.02
Johnson & Johnson
JNJ
478160104
12410
1.35%
$3,390,412.00
Walmart Inc
WMT
931142103
22830
1.13%
$2,819,733.30
Mastercard Inc
MA
57636Q104
4294
1.09%
$2,739,614.94
AbbVie Inc
ABBV
00287Y109
9123
1.07%
$2,690,281.47
Chevron Corp
CVX
166764100
10150
0.96%
$2,390,528.00
Costco Wholesale Corp
COST
22160K105
2203
0.89%
$2,230,052.84
Cisco Systems Inc
CSCO
17275R102
20850
0.87%
$2,179,033.50
Palantir Technologies Inc
PLTR
69608A108
11785
0.87%
$2,169,736.35
UnitedHealth Group Inc
UNH
91324P102
4884
0.79%
$1,987,641.48
Merck & Co Inc
MRK
58933Y105
12803
0.76%
$1,914,304.56
Procter & Gamble Co/The
PG
742718109
11787
0.76%
$1,904,425.59
Coca-Cola Co/The
KO
191216100
19217
0.72%
$1,807,935.36
Bank of America Corp
BAC
060505104
35335
0.71%
$1,767,103.35
Home Depot Inc/The
HD
437076102
5288
0.70%
$1,740,809.60
Intel Corp
INTC
458140100
24823
0.65%
$1,632,360.48
GE AEROSPACE
GE
369604301
5381
0.65%
$1,623,985.80
Applied Materials Inc
AMAT
038222105
4038
0.63%
$1,575,183.42
Lam Research Corp
LRCX
512807306
6435
0.61%
$1,538,672.85
Caterpillar Inc
CAT
149123101
2435
0.61%
$1,516,396.25
Goldman Sachs Group Inc/The
GS
38141G104
1654
0.59%
$1,479,585.70
Palo Alto Networks Inc
PANW
697435105
3996
0.58%
$1,462,016.52
Wells Fargo & Co
WFC
949746101
16900
0.56%
$1,409,460.00
RTX Corp
RTX
75513E101
7042
0.56%
$1,406,991.60
Texas Instruments Inc
TXN
882508104
4661
0.56%
$1,402,215.24
Netflix Inc
NFLX
64110L106
21153
0.52%
$1,313,178.24
iShares S&P 100 ETF
OEF
464287101
3488
0.52%
$1,302,279.68
Thermo Fisher Scientific Inc
TMO
883556102
1854
0.52%
$1,292,238.00
International Business Machines Corp
IBM
459200101
4980
0.51%
$1,283,893.80
Oracle Corp
ORCL
68389X105
9570
0.50%
$1,250,511.90
Morgan Stanley
MS
617446448
6694
0.49%
$1,233,704.20
GE Vernova Inc
GEV
36828A101
1401
0.48%
$1,201,875.87
Amgen Inc
AMGN
031162100
2558
0.48%
$1,192,053.58
Citigroup Inc
C
172967424
9527
0.46%
$1,162,008.19
Linde PLC
LIN
G54950103
2235
0.46%
$1,149,326.40
Gilead Sciences Inc
GILD
375558103
6338
0.43%
$1,081,769.84
Walt Disney Co/The
DIS
254687106
9175
0.41%
$1,017,874.50
McDonald's Corp
MCD
580135101
3784
0.39%
$976,726.08
Verizon Communications Inc
VZ
92343V104
21762
0.39%
$973,414.26
Salesforce Inc
CRM
79466L302
4183
0.38%
$958,618.11
Abbott Laboratories
ABT
002824100
8888
0.38%
$943,905.60
PepsiCo Inc
PEP
713448108
6819
0.37%
$936,521.46
American Express Co
AXP
025816109
2876
0.37%
$917,760.36
NextEra Energy Inc
NEE
65339F101
10861
0.36%
$909,174.31
Arista Networks Inc
ANET
040413205
5383
0.36%
$908,973.38
QUALCOMM Inc
QCOM
747525103
5433
0.36%
$895,304.07
ConocoPhillips
COP
20825C104
5784
0.36%
$890,909.52
Union Pacific Corp
UNP
907818108
2924
0.36%
$888,896.00
Blackrock Inc
BLK
09290D101
770
0.35%
$883,605.80
Sandisk Corp
SNDK
80004C200
766
0.35%
$881,581.74
Deere & Co
DE
244199105
1297
0.35%
$876,097.56
Pfizer Inc
PFE
717081103
27859
0.34%
$850,256.68
Charles Schwab Corp/The
SCHW
808513105
9642
0.34%
$848,978.10
Accenture PLC
ACN
G1151C101
3169
0.33%
$818,362.56
Intuitive Surgical Inc
ISRG
46120E602
1862
0.32%
$804,402.62
Danaher Corp
DHR
235851102
3241
0.30%
$752,657.43
AT&T Inc
T
00206R102
34830
0.30%
$745,710.30
Boeing Co/The
BA
097023105
4194
0.29%
$719,480.70
Dell Technologies Inc
DELL
24703L202
1656
0.28%
$702,640.80
Capital One Financial Corp
COF
14040H105
3416
0.28%
$699,767.60
Bristol-Myers Squibb Co
BMY
110122108
10595
0.26%
$661,975.60
Medtronic PLC
MDT
G5960L103
6798
0.26%
$656,278.92
Starbucks Corp
SBUX
855244109
6322
0.26%
$655,401.74
CVS Health Corp
CVS
126650100
7117
0.26%
$642,309.25
Lockheed Martin Corp
LMT
539830109
976
0.25%
$621,663.20
Uber Technologies Inc
UBER
90353T100
9355
0.24%
$610,413.75
Lowe's Cos Inc
LOW
548661107
2828
0.24%
$591,249.96
ServiceNow Inc
NOW
81762P102
5551
0.23%
$583,521.12
Booking Holdings Inc
BKNG
09857L108
3754
0.22%
$556,080.02
Duke Energy Corp
DUK
26441C204
4167
0.21%
$530,834.13
Bank of New York Mellon Corp/The
BNY
064058100
3515
0.21%
$517,091.65
Southern Co/The
SO
842587107
5499
0.21%
$515,311.29
US Bancorp
USB
902973304
8379
0.20%
$498,131.55
General Dynamics Corp
GD
369550108
1286
0.19%
$479,150.74
Comcast Corp
CMCSA
20030N101
20120
0.19%
$467,186.40
United Parcel Service Inc
UPS
911312106
4314
0.19%
$466,990.50
Emerson Electric Co
EMR
291011104
2801
0.18%
$461,996.94
AMERICAN TOWER CORP
AMT
03027X100
2444
0.18%
$458,934.32
Intuit Inc
INTU
461202103
1314
0.18%
$448,192.26
3M Co
MMM
88579Y101
2562
0.18%
$446,659.08
Adobe Inc
ADBE
00724F101
1727
0.17%
$432,147.21
General Motors Co
GM
37045V100
4742
0.17%
$414,450.80
Mondelez International Inc
MDLZ
609207105
6242
0.16%
$405,355.48
FedEx Corp
FDX
31428X106
1216
0.15%
$380,948.48
Cash & Other
Cash&Other
Cash&Other
371487.33
0.15%
$371,487.33
T-Mobile US Inc
TMUS
872590104
2303
0.14%
$360,281.32
First American Government Obligations Fund
FGXXX
31846V336
188841.78
0.08%
$188,841.78
QQQ US 11/03/26 P635
QQQ 261103P00635000
QQQ 261103P00635000
-3735
-0.02%
$-44,820.00
QQQ US 11/03/26 P640
QQQ 261103P00640000
QQQ 261103P00640000
-4265
-0.02%
$-59,710.00
SPY US 11/03/26 P665
SPY 261103P00665000
SPY 261103P00665000
8000
0.02%
$56,000.00
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

N/A

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.

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 Market Leaders ETF's 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. Securities that can be converted into common stock, such as certain securities and preferred stock, are subject to the usual risks associated with fixed income investments, such as interest rate risk and credit risk. 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. An option is a type of derivative instrument that gives the holder the right (but not the obligation) to buy (a “call”) or sell (a “put”) an asset in the near future at an agreed upon price prior to the expiration date of the option.
The Fund’s investment performance may be affected by the investment performance of the underlying funds in which the Fund may invest. The Fund is non-diversified. Compared to other funds, the Fund may invest more of its assets in a smaller number of companies. Gains or losses on a single stock may have greater impact on the Fund.
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.