RISE

Fund Description
The Sit Rising Rate ETF seeks to profit from rising interest rates by tracking the performance, before fees and expenses, of a portfolio (the Benchmark Portfolio Index ) consisting of exchange traded futures contracts and options on futures on 2, 5 and 10 - year U.S. Treasury securities weighted to achieve a targeted negative 10 year average effective portfolio duration. The Benchmark Portfolio Index is maintained by Sit Fixed Income Advisors II, LLC. The weighting of the Treasury Instruments constituting the Bench- mark Portfolio Index will be based on each maturity s duration contri- bution. The expected range for the duration weighted percentage of the 2 year and 5 year maturity Treasury Instruments will be from 30% to 70%. The expected range for the duration weighted percent- age of the 10 year maturity Treasury Instruments will be from 5% to 25%.
Fund Profile
Fund Name Sit Rising Rate ETF
Fund Exchange Ticker RISE
Fund Sponsor ETF Managers Group
Fund ISIN US26923H1014
Net Expense Ratio 1.35 %
Fund Inception Date 19 February 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Treasury & Government
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Treasury & Government
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 16 August 2019
Asset Under Management 6.10 Million (USD)
1 Month Total Return -2.73 %
Year To Date Return -7.56 %
1 Year Total Return -10.08 %
3 Year Annualized Total Return -0.44 %
NAV 22.19
Share Outstanding 275,040
Top 10 Holdings (16 August 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH
US 10YR FUT OPTN Oct19P 131
US 5YR NOTE (CBT) Dec19 BOND
US 2YR NOTE (CBT) Dec19 TUZ9 COMDTY FUTR
US 5YR FUTR OPTN Oct19C 119.5
UNITED STATES TREAS BILLS BILL