Universal Fixed
Income ETF

As of 10/21/2021
Primary Exchange
Inception Date
Net Assets
Shares Outstanding
Distribution Rate
Closing Market Price
Premium Discount
30 Day Median Bid/Ask Spread
Investment Overview
Fund Objective
The Fund seeks current income.
Investment Strategy
The ETF is an absolute return bond strategy seeking to deliver positive returns over full market cycles. Free from traditional fixed income benchmark-specific guidelines, it invests broadly across the global fixed income markets without limitation. The flexible and universal nature of this strategy allows the Portfolio Managers to fully express their outlook. They are able to take greater exposure in areas where they see opportunity, take negative exposure to fundamentally unattractive markets and where there exists heightened downside risk, or avoid certain markets altogether.

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
Cyrille Conseil, CFA
Head of Research + Trading
David Young, CFA
Founder & Chief Executive Officer
Top Holdings as of 10/21/2021

Market Value % Net Assets % Name Market Price Shares Held Market Value
7.29%8.37%US 10YR NOTE (CBT)Dec21$130.1985$11,065,980.00
6.24%7.16%US LONG BOND(CBT) Dec21$157.7560$9,465,000.00
4.26%4.89%ISHARES CORE U.S. AGGREGA$113.8456,800$6,466,112.00
2.12%2.43%INVESCO FUNDAMENTAL HIGH$19.38166,100$3,219,018.00
2.08%2.39%SPDR BBG BARC HIGH YIELD$108.7229,100$3,163,752.00
1.98%2.27%SYMC 3.95 06/15/22$101.442,963,000$3,005,607.94
1.86%2.14%TITIM 5.303 05/30/24$106.782,650,000$2,829,537.50
1.80%2.06%ARMK 6 3/8 05/01/25$105.072,595,000$2,726,566.50
1.66%1.91%DELL 3 3/8 06/01/23$104.272,417,000$2,520,205.90
1.49%1.71%FE 4 3/4 03/15/23$104.492,161,000$2,258,115.34


Advisor Fee Total Expense Ratio
0.75% 1.21%

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.
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.