Anfield Diversified
Alternatives ETF

As of 10/21/2021
Ticker
DALT
Primary Exchange
CBOE BZX EXCHANGE
CUSIP
90213U115
Inception Date
09/29/2017
Net Assets
$70,960,140.60
Shares Outstanding
6,650,000
Distribution Rate
-
NAV
$10.67
Closing Market Price
$10.66
Premium Discount
$-0.01
30 Day Median Bid/Ask Spread
0.29%
FACT SHEET
Investment Overview
Fund Objective
The Anfield Diversified Alternatives ETF (“the Fund”) seeks to provide capital growth and income with positive return over full market cycles.
Investment Strategy
The Fund is an actively managed exchange traded fund (“ETF”) that is a fund of funds. It seeks to achieve its investment objective by investing primarily in alternative asset classes and securities that represent sectors, market segments or asset classes that do not represent the general investment universe. The Fund will implement this strategy primarily through investments in unaffiliated ETFs, closed-end funds (“CEFs”), business development companies (“BDCs”) and real estate investment trusts (“REITs”). The Fund invests in a broad spectrum of asset classes with adjustments made by the portfolio management team in an effort to reduce risk and increase return. The portfolio managers will look to invest in a diverse set of assets classes, typically ten different markets, sectors, and themes with a target of approximately 20 to 30 different positions, dependent on market conditions.

Management Team

Investment Partner
Anfield Capital
Anfield Capital is comprised of a team of investment management executives from top-flight institutions. Our highly experienced team of 13 professionals has nearly 300 years of combined experience with the Anfield principals working together as a team for over 25 years.

Fund Managers

Peter Van De Zilver, CFA
Head of Sub-Adviser Oversight
VIEW PROFILE
David Young, CFA
Founder & Chief Executive Officer
VIEW PROFILE

Top Holdings as of 10/21/2021

Market Value % Net Assets % Name Market Price Shares Held Market Value
8.46%8.51%BLACKSTONE INC$132.5245,587$6,041,189.24
7.35%7.40%JANUS HENDERSON SHORT DUR$50.02104,932$5,248,698.64
4.84%4.87%EATON VA-T/M B/W$16.59208,515$3,459,263.85
4.69%4.73%ISHARES PREFERRED & INCOM$39.1485,667$3,353,006.38
4.04%4.07%FLAHERTY & CRUMR$22.33129,351$2,888,407.83
3.49%3.51%US DOLLAR FUTURE$1.002,491,034$2,491,034.03
3.45%3.47%W/T CLOUD COMPUT$63.4738,848$2,465,682.56
3.39%3.41%CROWN CASTLE INT$177.9413,598$2,419,628.12
3.19%3.21%AMERICAN TOWER C$279.048,154$2,275,292.16
3.06%3.08%SPDR BBG BARC CONVERTIBLE$88.5424,699$2,186,849.46

Fees

Advisor Fee Total Expense Ratio
0.80% 2.22%
Documents
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.
Investors should carefully consider the investment objective, risks, charges and expenses of ETF Funds. This and other information is contained in the prospectus and should be read carefully before investing. For a prospectus please call 866-866-4848 or visit our website at regentsparkfunds. com. Regents Park Funds are distributed by Northern LightsDistributors, LLC, member FINRA/SIPC. Northern Lights Distributors, LLC and Regents Park Funds, LLC are not affiliated.
DISCLOSURE:
IMPORTANT RISK FACTORS
New funds provide a limited history of operations for investors to evaluate. As with all funds, there is a risk that you could lose money through your investment in these Funds. Many factors affect the Fund’s net asset value and performance. There is no guarantee that the investment will achieve its objectives, generate profits or avoid losses. The use of derivative instruments involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. Investing in commodities or futures markets may subject the Fund to greater volatility than investments in traditional securities. These risks include (i) leverage risk (ii) risk of mispricing or improper valuation; and (iii) the risk that changes in the value of the futures contract may not correlate perfectly with the underlying index. There are risks associated with the sale and purchase of call and put options through the Fund’s underlying investments. The use of derivative instruments could lead to potentially greater gains, as well as the potential for greater losses than a fund that does not use derivatives.
8140-NLD-09/25/2018