Regents Park
Hedged Market
Strategy ETF

As of 07/15/2024
Primary Exchange
Inception Date
Net Assets
Shares Outstanding
Asset Class
Closing Market Price
Premium Discount
30 Day Median Bid/Ask Spread
Investment Overview
Fund Objective

The investment objective of the Fund is to seek to provide capital appreciation through exposure to the U.S. Large Cap equity market while hedging overall market risk. There is no guarantee that the Fund will achieve its investment objective.

Investment Strategy

The Fund is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in equity securities represented in, or instruments related or linked to, the S&P 500 Price Index. In doing so, the Fund may invest in various types of U.S. broad equity market linked derivates such as: long and short positions in futures, options, swaps, and standardized call and put options contracts on the S&P 500 Index. The Fund also structures its investments with a view towards hedging the Fund’s portfolio in an effort to mitigate against losses incurred during market declines.

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 07/15/2024

Market Value % Name Market Price Shares Held Market Value
40.37%B 09/26/24$98.9624,600,000$24,344,658.15
29.14%US DOLLAR FUTURE$1.0017,576,115$17,576,115.08
2.46%BPCEGP 4 1/2 03/15/25$99.011,500,000$1,485,182.21
2.06%GLPI 5 1/4 06/01/25$99.591,250,000$1,244,853.38
1.92%ACAFP 4 3/8 03/17/25$99.011,168,000$1,156,388.99
1.64%WFC 3.908 04/25/26$98.791,000,000$987,940.79
1.63%COF 2.636 03/03/26$98.161,000,000$981,566.49
1.55%SOCGEN 4 1/4 04/14/25$98.66950,000$937,282.82
1.24%CCI 3.2 09/01/24$99.64750,000$747,293.95
1.23%ARCC 4 1/4 03/01/25$99.05750,000$742,878.75
Market Value: 40.37%
Name: B 09/26/24
Market Price: $98.96
Shares Held: 24,600,000
Market Value: $24,344,658.15
Market Value: 29.14%
Market Price: $1.00
Shares Held: 17,576,115
Market Value: $17,576,115.08
Market Value: 2.46%
Name: BPCEGP 4 1/2 03/15/25
Market Price: $99.01
Shares Held: 1,500,000
Market Value: $1,485,182.21
Market Value: 2.06%
Name: GLPI 5 1/4 06/01/25
Market Price: $99.59
Shares Held: 1,250,000
Market Value: $1,244,853.38
Market Value: 1.92%
Name: ACAFP 4 3/8 03/17/25
Market Price: $99.01
Shares Held: 1,168,000
Market Value: $1,156,388.99
Market Value: 1.64%
Name: WFC 3.908 04/25/26
Market Price: $98.79
Shares Held: 1,000,000
Market Value: $987,940.79
Market Value: 1.63%
Name: COF 2.636 03/03/26
Market Price: $98.16
Shares Held: 1,000,000
Market Value: $981,566.49
Market Value: 1.55%
Name: SOCGEN 4 1/4 04/14/25
Market Price: $98.66
Shares Held: 950,000
Market Value: $937,282.82
Market Value: 1.24%
Name: CCI 3.2 09/01/24
Market Price: $99.64
Shares Held: 750,000
Market Value: $747,293.95
Market Value: 1.23%
Name: ARCC 4 1/4 03/01/25
Market Price: $99.05
Shares Held: 750,000
Market Value: $742,878.75


Advisor Fee Total Expense Ratio
0.75% 0.79%

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.