Anfield Equity
Sector Rotation ETF

As of 02/26/2024
Ticker
AESR
Primary Exchange
CBOE BZX EXCHANGE
CUSIP
90214Q73
Inception Date
12/16/2019
Net Assets
$93,313,329.98​
Shares Outstanding
6,200,000​
Asset Class
Equity
NAV
$15.05​
Closing Market Price
$15.06
Premium Discount
$0.01​
30 Day Median Bid/Ask Spread
0.14%​
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 is comprised of a team of investment management executives from top-flight institutions. Our highly experienced team of 11 professionals has nearly 250 years of combined experience with the Anfield principals working together as a team for over 25 years.

Top Holdings as of 02/26/2024

Market Value % Name Market Price Shares Held Market Value
14.58%SPDR S&P 500 ETF$505.9926,677$13,498,295.23
12.61%SPDR-FINL SELECT$40.10291,152$11,675,195.20
11.40%V/E SEMICONDUCT$210.3550,180$10,555,363.00
11.07%SPDR-HEALTH CARE$147.1069,654$10,246,103.40
9.91%SPDR-TECH SEL S$205.4944,628$9,170,607.72
9.81%INVESCO QQQ TRUS$436.5520,799$9,079,803.45
6.70%SPDR-COMM SERV$78.5678,901$6,198,462.56
3.63%SPDR-INDU SELECT$120.0427,996$3,360,639.84
2.66%SPDR-CONS STAPLE$74.4833,030$2,460,074.40
1.72%NVIDIA CORP$790.922,011$1,590,540.12
Market Value: 14.58%
Name: SPDR S&P 500 ETF
Market Price: $505.99
Shares Held: 26,677
Market Value: $13,498,295.23
Market Value: 12.61%
Name: SPDR-FINL SELECT
Market Price: $40.10
Shares Held: 291,152
Market Value: $11,675,195.20
Market Value: 11.40%
Name: V/E SEMICONDUCT
Market Price: $210.35
Shares Held: 50,180
Market Value: $10,555,363.00
Market Value: 11.07%
Name: SPDR-HEALTH CARE
Market Price: $147.10
Shares Held: 69,654
Market Value: $10,246,103.40
Market Value: 9.91%
Name: SPDR-TECH SEL S
Market Price: $205.49
Shares Held: 44,628
Market Value: $9,170,607.72
Market Value: 9.81%
Name: INVESCO QQQ TRUS
Market Price: $436.55
Shares Held: 20,799
Market Value: $9,079,803.45
Market Value: 6.70%
Name: SPDR-COMM SERV
Market Price: $78.56
Shares Held: 78,901
Market Value: $6,198,462.56
Market Value: 3.63%
Name: SPDR-INDU SELECT
Market Price: $120.04
Shares Held: 27,996
Market Value: $3,360,639.84
Market Value: 2.66%
Name: SPDR-CONS STAPLE
Market Price: $74.48
Shares Held: 33,030
Market Value: $2,460,074.40
Market Value: 1.72%
Name: NVIDIA CORP
Market Price: $790.92
Shares Held: 2,011
Market Value: $1,590,540.12

Fees

Adviser Fee Total Expense Ratio
0.80% 1.08%
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.