Anfield Equity
Sector Rotation ETF

As of 09/27/2022
Ticker
AESR
Primary Exchange
CBOE BZX EXCHANGE
CUSIP
90214Q73
Inception Date
12/16/2019
Net Assets
$109,094,371.88​
Shares Outstanding
10,200,000​
Distribution Rate
-​
NAV
$10.70​
Closing Market Price
$10.70
Premium Discount
$0.00​
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 Management
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.

Top Holdings as of 09/27/2022

Market Value % Name Market Price Shares Held Market Value
14.68%CONSUMER STAPLES SPDR$68.23234,627$16,008,600.21
14.11%HEALTH CARE SELECT SECTOR$121.19127,041$15,396,098.79
13.96%SPDR S&P 500 ETF$363.3841,915$15,231,072.70
13.22%INVESCO QQQ TRUST SERIES$274.4852,551$14,424,198.48
12.85%TECHNOLOGY SELECT SECT SP$123.04113,900$14,014,256.00
9.77%ENERGY SELECT SECTOR SPDR$69.52153,263$10,654,843.76
7.46%INDUSTRIAL SELECT SECT SP$83.5897,370$8,138,184.60
5.94%UTILITIES SELECT SECTOR S$68.8594,094$6,478,371.90
2.29%MATERIALS SELECT SECTOR S$67.4737,016$2,497,469.52
0.67%US DOLLARS$1.00731,082$731,082.13
Market Value: 14.68%
Name: CONSUMER STAPLES SPDR
Market Price: $68.23
Shares Held: 234,627
Market Value: $16,008,600.21
Market Value: 14.11%
Name: HEALTH CARE SELECT SECTOR
Market Price: $121.19
Shares Held: 127,041
Market Value: $15,396,098.79
Market Value: 13.96%
Name: SPDR S&P 500 ETF
Market Price: $363.38
Shares Held: 41,915
Market Value: $15,231,072.70
Market Value: 13.22%
Name: INVESCO QQQ TRUST SERIES
Market Price: $274.48
Shares Held: 52,551
Market Value: $14,424,198.48
Market Value: 12.85%
Name: TECHNOLOGY SELECT SECT SP
Market Price: $123.04
Shares Held: 113,900
Market Value: $14,014,256.00
Market Value: 9.77%
Name: ENERGY SELECT SECTOR SPDR
Market Price: $69.52
Shares Held: 153,263
Market Value: $10,654,843.76
Market Value: 7.46%
Name: INDUSTRIAL SELECT SECT SP
Market Price: $83.58
Shares Held: 97,370
Market Value: $8,138,184.60
Market Value: 5.94%
Name: UTILITIES SELECT SECTOR S
Market Price: $68.85
Shares Held: 94,094
Market Value: $6,478,371.90
Market Value: 2.29%
Name: MATERIALS SELECT SECTOR S
Market Price: $67.47
Shares Held: 37,016
Market Value: $2,497,469.52
Market Value: 0.67%
Name: US DOLLARS
Market Price: $1.00
Shares Held: 731,082
Market Value: $731,082.13

Fees

Adviser Fee Total Expense Ratio
0.80% 1.12%
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.