SECT

Fund Description
The Fund seeks to outperform the S&P 500 in rising markets while limiting losses during periods of decline.The Fund utilizes a fund of funds structure to invest in sector based equity exchange traded funds ( ETFs ). The Fund seeks to achieve its objective through dynamic sector rotation. The Adviser focuses its research primarily on sector selection by carefully reviewing the sector, industry, and sub-industries in the Fund s portfolio. The Adviser chooses sectors it believes are undervalued and poised to respond favorably to financial market catalysts. The Fund will sell a security when it achieves its target price and is, in the opinion of the Adviser, no longer undervalued. The Adviser will actively manage the Fund. From time to time, the Fund s investment may be focused in a sector or sectors. The Fund may invest in securities of any market capitalization or country and denominated in any currency. The Fund is an actively managed ETF and does not seek to replicate the performance of a specified index. In selecting investments for the Fund s portfolio, the Adviser adheres to the investment process described below.
Fund Profile
Fund Name Main Sector Rotation ETF
Fund Exchange Ticker SECT
Fund Sponsor Main Management
Fund ISIN US66538H5919
Net Expense Ratio 0.78 %
Fund Inception Date 5 September 2017
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Industry Sector
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 22 March 2019
Asset Under Management 430.13 Million (USD)
1 Month Total Return 0.12 %
Year To Date Return 12.40 %
1 Year Total Return -3.02 %
3 Year Annualized Total Return
NAV 27.31
Share Outstanding 15,750,000
Top 10 Holdings (21 March 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
TECHNOLOGY SELECT SECT SPDR XLK ETF 0.2093
FINANCIAL SELECT SECTOR SPDR XLF ETF 0.1397
HEALTH CARE SELECT SECTOR XLV ETF 0.1082
SPDR S&P BANK ETF KBE ETF 0.0934
VANGUARD CONSUMER STAPLE ETF VDC ETF 0.092
XTRACKERS HARVEST CSI 300 CH ASHR ETF 0.0709
SPDR S&P BIOTECH ETF XBI ETF 0.0591
ISHARES RUSSELL MID-CAP VALU IWS ETF 0.0498
SPDR BBG BARC 1-3 MONTH TBIL BIL ETF 0.0497
ISHARES NASDAQ BIOTECHNOLOGY IBB ETF 0.048