AGOX

Fund Description
As an actively managed exchange-traded fund ( ETF ), the Fund will not seek to replicate the performance of an index. The Fund s portfolio manager seeks to achieve the Fund s investment objective of capital appreciation by investing in exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the 1940 Act ) and not affiliated with the Fund ( Portfolio Funds ) that invest in equity securities of any market capitalization of issuers from a number of countries throughout the world, including emerging market countries. In addition to its indirect investments, the Fund may also invest in individual large cap equities, fixed income securities, and cash and cash equivalents directly. The Fund is considered diversified under the 1940 Act. The strategy primarily utilizes ETFs and equities but may also use fixed income securities to diversify the Fund s asset classes. The Manager uses a top-down approach to identify sectors that the manager believes will produce strong performance relative to the overall market and makes investments to capitalize on these market predictions. Top-down investing is an investment analysis approach that involves looking first at the macro picture of the economy, and then looking at the smaller factors in finer detail. After looking at the big-picture conditions around the world, the manager then examines the general market conditions followed by particular industry sectors to select those sectors that it predicts will outperform the market. When the manager deems it appropriate to position the portfolio defensively, this strategy considers cash to be an asset class and will allocate a significant percentage to direct investments in cash and cash equivalents. The fixed income securities in which the Fund will invest will be investment grade and may be of any duration or maturity.
Fund Profile
Fund Name Adaptive Growth Opportunities ETF
Fund Exchange Ticker AGOX
Fund Sponsor ADAPTIVE INVESTMENTS
Fund ISIN US85521B7423
Net Expense Ratio 1.69 %
Fund Inception Date 10 May 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 26 November 2021
Asset Under Management 234.67 Million (USD)
1 Month Total Return -0.68 %
Year To Date Return 8.39 %
1 Year Total Return
3 Year Annualized Total Return
NAV 25.25
Share Outstanding 9,293,740
Top 10 Holdings (26 November 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
SPDR S&P HOMEBUILDERS ETF XHB ETF 0.0550000000
VANECK SEMICONDUCTOR ETF SMH ETF 0.0535000000
TECHNOLOGY SELECT SECT SPDR XLK ETF 0.0509000000
INVESCO DB COMMODITY INDEX T DBC ETF 0.0500000000
FINANCIAL SELECT SECTOR SPDR XLF ETF 0.0488000000
INVESCO DB AGRICULTURE FUND DBA ETF 0.0468000000
SPDR S&P CAPITAL MARKETS ETF KCE ETF 0.0466000000
FIRST TRUST CLOUD COMPUTING SKYY ETF 0.0459000000
ISHARES MSCI EAFE ETF EFA ETF 0.0447000000
INVESCO S&P 500 EQUAL WEIGHT RYT ETF 0.0440000000