FFIU

Fund Description
The Fund seeks current income with limited risk to principal. The Fund seeks to achieve its investment objective of current income by investing principally in debt securities of any kind. The portfolio will be composed of U.S. and multinational paper rated BB or better and investment grade mortgages, but with a mandate to invest up to 20% of the assets without constraints.
Fund Profile
Fund Name Fieldstone/UVA Unconstrained Medium-Term
Fund Exchange Ticker FFIU
Fund Sponsor Spinnaker ETF Trust
Fund ISIN US84858T2024
Net Expense Ratio 0.50 %
Fund Inception Date 21 August 2017
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
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
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 16 January 2019
Asset Under Management 42.42 Million (USD)
1 Month Total Return 1.11 %
Year To Date Return 1.02 %
1 Year Total Return 0.42 %
3 Year Annualized Total Return
NAV 24.2413
Share Outstanding 1,750,000
Top 10 Holdings (15 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
BLACKROCK TREASURY TRUST BOND 0.0456573052706
WELLS FARGO 5.9 12/2165 BOND 0.0240598813336
CITIGROUP INC BOND 0.023939581927
VANECK VECTORS PREFERRED SEC PFXF ETF 0.0222674201743
INVESCO VARIABLE RATE PREFER VRP ETF 0.0220830687921
CELGENE CORP BOND 0.0214202390311
NORDSTROM INC BOND 0.0203353197944
21ST CENTURY FOX 6.9 3/19 BOND 0.0181330132331
BIOGEN INC 3.625 9/22 BOND 0.015662615835
ACTIVISION BLIZZARD BOND 0.0152115498413