Anfield Equity Sector Rotation ETF

Anfield Equity
Sector Rotation ETF

As of 08/05/2022

Ticker AESR	Primary Exchange CBOE BZX EXCHANGE	CUSIP 90214Q73
Inception Date 12/16/2019	Net Assets $119,515,028.77	Shares Outstanding 10,000,000
Distribution Rate -	NAV $11.95	Closing Market Price $11.93
Premium Discount $-0.02	30 Day Median Bid/Ask Spread 0.26%	FACT SHEET

Investment Overview

Fund Objective

The Anfield U.S. Equity Sector Rotation ETF (the “Sector Rotation ETF” or the “Fund”) seeks to outperform traditional large-cap equity indices and styles over full market cycles by investing in various sectors of the equity market.

Investment Strategy

The Fund is an actively managed exchange traded fund (“ETF”) in which the management team overweights / underweights subsets of the S&P 500 by utilizing economic and business cycle forecasting. This structure provides a relative concentration by sectors we believe will have the best risk-return payoff.

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 12 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 PM Analytics and Risk Management

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David Young, CFA

Founder & Chief Executive Officer

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Top Holdings as of 08/05/2022

Market Value %	Name	Market Price	Shares Held	Market Value
14.39%	CONSUMER STAPLES SPDR	$74.64	230,619	$17,213,402.16
14.13%	SPDR S&P 500 ETF TRUST	$413.47	40,867	$16,897,278.49
13.89%	INVESCO QQQ TRUST SERIES	$321.75	51,639	$16,614,848.25
13.75%	TECHNOLOGY SELECT SECT SP	$147.02	111,884	$16,449,185.68
13.72%	HEALTH CARE SELECT SECTOR	$131.45	124,873	$16,414,555.85
9.20%	ENERGY SELECT SECTOR SPDR	$73.08	150,551	$11,002,267.08
7.69%	INDUSTRIAL SELECT SECT SP	$96.12	95,650	$9,193,878.00
5.74%	UTILITIES SELECT SECTOR S	$74.23	92,510	$6,867,017.30
2.34%	MATERIALS SELECT SECTOR S	$77.11	36,344	$2,802,485.84
0.41%	CENTERPOINT ENER	$31.47	15,537	$488,949.39

Market Value: 14.39%
Name: CONSUMER STAPLES SPDR
Market Price: $74.64
Shares Held: 230,619
Market Value: $17,213,402.16

Market Value: 14.13%
Name: SPDR S&P 500 ETF TRUST
Market Price: $413.47
Shares Held: 40,867
Market Value: $16,897,278.49

Market Value: 13.89%
Name: INVESCO QQQ TRUST SERIES
Market Price: $321.75
Shares Held: 51,639
Market Value: $16,614,848.25

Market Value: 13.75%
Name: TECHNOLOGY SELECT SECT SP
Market Price: $147.02
Shares Held: 111,884
Market Value: $16,449,185.68

Market Value: 13.72%
Name: HEALTH CARE SELECT SECTOR
Market Price: $131.45
Shares Held: 124,873
Market Value: $16,414,555.85

Market Value: 9.20%
Name: ENERGY SELECT SECTOR SPDR
Market Price: $73.08
Shares Held: 150,551
Market Value: $11,002,267.08

Market Value: 7.69%
Name: INDUSTRIAL SELECT SECT SP
Market Price: $96.12
Shares Held: 95,650
Market Value: $9,193,878.00

Market Value: 5.74%
Name: UTILITIES SELECT SECTOR S
Market Price: $74.23
Shares Held: 92,510
Market Value: $6,867,017.30

Market Value: 2.34%
Name: MATERIALS SELECT SECTOR S
Market Price: $77.11
Shares Held: 36,344
Market Value: $2,802,485.84

Market Value: 0.41%
Name: CENTERPOINT ENER
Market Price: $31.47
Shares Held: 15,537
Market Value: $488,949.39

Download All Holdings (.CSV)

Fees

Adviser Fee	Total Expense Ratio
0.80%	1.12%

Documents

SAI – MAR 1, 2022	Prospectus – MAR 1, 2022	Prospectus Summary – MAR 1, 2022
Market Events – MAR 27, 2020	Semi-Annual Report – APR 30, 2022	Annual Report – OCT 31, 2021
Premium/Discount History – JUN 30, 2022	Premium/Discount History – MAR 31, 2022	Fund Holdings – JAN 31, 2022
Fund Holdings – JUL 31, 2021

Download All 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.