OVF

Fund Description
The Fund is an actively-managed exchange-traded fund ( ETF ) that seeks to achieve its objective by (i) investing in one or more other ETFs that seek exposure to the performance of non-U.S. equity securities (from both developed and emerging markets) or directly in the securities held by such ETFs (collectively, the Underlying Investments ) and (ii) selling and purchasing listed short-term put options to generate income to the Fund (the Overlay Strategy ). The Overlay Strategy seeks to generate income for the Fund by utilizing a put spread consisting of the sale of exchange-listed short-term put options ( Short Puts ) with a notional value (strike price times the value of the shares) up to 100% of the Fund s net assets and the purchase of an identical number of short-term put options ( Long Puts ) with a lower strike price. The Fund seeks to generate income from the sale and purchase of put options with a lower strike price to hedge against a decline in the options underlying asset, the MSCI ACWI ex US index.
Fund Profile
Fund Name Overlay Shares Foreign Equity ETF
Fund Exchange Ticker OVF
Fund Sponsor Liquid Strategies
Fund ISIN US53656F8703
Net Expense Ratio 0.95 %
Fund Inception Date 30 September 2019
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Factor & Thematic
Asset Class Equities (Stocks)
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
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 24 September 2021
Asset Under Management 6.88 Million (USD)
1 Month Total Return -0.72 %
Year To Date Return 9.65 %
1 Year Total Return 23.09 %
3 Year Annualized Total Return
NAV 27.523
Share Outstanding 250,000
Top 10 Holdings (24 September 2021)
Constituent Name Constituent Ticker Constituent Type Weighting
ISHARES MSCI EAFE MIN VOL FA EFAV ETF 0.7989000000
ISHARES MSCI EMG MKT MIN VOL EEMV ETF 0.2003000000
Cash & Other CASH 0.0021000000
S&P DOW OPT10/21 4265.0 PUT 0.0003000000
CBOE S&P PUT OPT 10/21 4260 OPTN 0.0002000000
CBOE S&P PUT OPT 9/21 4190 OPTN 0.0001000000
S&P DOW OPT10/214400.0 PUT -0.0010000000
CBOE S&P PUT OPT 10/21 4395 OPTN -0.0007000000
CBOE S&P PUT OPT 9/21 4325 OPTN -0.0003000000