Affinity World Leaders Equity ETF

Introducing WLDR

The Affinity World Leaders Equity ETF

Fund Objective:

The Affinity World Leaders Equity ETF (“the Fund”) seeks to provide investment results that correspond generally, before fees and expenses, to the performance of the Thomson Reuters StarMine Affinity World Leaders Index (the “TRSAWL Index” or the “Index”).

Investment Strategy:

The Fund seeks to passively replicate the TRSAWL Index. The TRSAWL Index consists of equity securities issued and traded in the US as well as international countries. The TRSAWL Index is expected to consist of approximately 150 to 250 stocks in at least 3 countries, but may span more than 20 countries. The Fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities included in the Fund’s benchmark index. The Fund may also invest in American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) (collectively “Depositary Receipts”) based on the securities in the TRSAWL Index.

Constituents of the TRSAWL Index are characterized by strong global footprint (measured by market capitalization), rank high on measures of earnings quality, demonstrate improving fundamentals (positive earnings revisions on earnings estimates, revenue estimates, price targets, and analyst recommendations), show stock price momentum, and trade at relatively attractive valuations.

Fund Details as of 07/29/2021

Ticker: WLDR

Primary Exchange: Cboe BZX Exchange

Cusip: 90214Q105

Inception Date: 01/17/2018

Net Assets: $22,048,633.74

Shares Outstanding: 700,000

Advisor Fee: 0.47%

Total Expense Ratio: 0.67%

30-Day SEC Yield: 0

Distribution Rate: 0

NAV: $27.56

Closing Market Price: $27.86

Premium Discount: $0.3

30 Day Median Bid/Ask Spread: 1.25%

Fund Documents:

Top Holdings as of 07/29/2021

Market Value % Net Assets % Name Market Price Shares Held Market Value
3.38% 3.37% DISH NETWORK-A $42.21 17,602 $742,980.42
2.85% 2.84% OMNICOM GROUP $73.23 8,545 $625,750.35
2.16% 2.15% TARGET CORP $261.66 1,813 $474,389.58
1.84% 1.84% L BRANDS INC $79.48 5,104 $405,665.92
1.79% 1.78% AUTOZONE INC $1625.91 242 $393,470.22
1.76% 1.76% SEAGATE TECHNOLO $87.2 4,444 $387,516.80
1.69% 1.69% DELL TECHN-C $96.79 3,850 $372,641.50
1.65% 1.65% QORVO INC $194.04 1,873 $363,436.92
1.65% 1.64% 3M CO $198.17 1,828 $362,254.76
1.65% 1.64% ARROW ELECTRONIC $118.19 3,062 $361,897.78

Download All Holdings (.csv)

Approval Code: 4004-NLD-1/3/2018

The median bid-ask spread is calculated by identifying the national best bid and national best offer (“NBBO”) for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.