SLT

Fund Description
The Salt HighTrubeta US Market ETF seeks to track the investment results of The Salt High truBeta US Market Index. Construction of the Index begins with the constituents of the Solactive US Large & Mid Cap Index (the Equity Universe ), generally the 1,000 largest U.S.-listed common stocks and real estate investment trusts ( REITs ). Companies in the Equity Universe are then screened to keep only the 500 stocks with the highest average daily traded value over the past 30 days. Those 500 stocks are then analyzed using a proprietary algorithm developed by the Adviser to calculate each stock s truBeta forecast, i.e., its projected beta for the subsequent quarter, and to eliminate stocks whose performance is weakly correlated with the broader U.S. equity market (the remaining securities are referred to as the Index Universe ). A stock with a truBeta of more than 1.00 would be expected to be more volatile than the broader U.S. equity market and consequently, exhibit outsized reactions to market events (i.e., outperform the market in a rising market and underperform the market in a declining market).
Fund Profile
Fund Name Salt HighTrubeta US Market ETF
Fund Exchange Ticker SLT
Fund Sponsor Salt Financial
Fund ISIN US26922A4792
Net Expense Ratio 0.29 %
Fund Inception Date 16 May 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Factor & Thematic
Asset Class Equities (Stocks)
Index Linked Passive
Index Name Salt High truBeta US Market Index
Index Provider Salt Financial
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Large & Mid Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 6 August 2020
Asset Under Management 8.09 Million (USD)
1 Month Total Return 6.43 %
Year To Date Return -4.06 %
1 Year Total Return 11.42 %
3 Year Annualized Total Return
NAV 26.9655
Share Outstanding 300,000
Top 10 Holdings (6 August 2020)
Constituent Name Constituent Ticker Constituent Type Weighting
CARVANA CO CVNA EQUI 0.0195000000
SQUARE INC - A SQ EQUI 0.0174000000
ENPHASE ENERGY INC ENPH EQUI 0.0144000000
AMICUS THERAPEUTICS INC FOLD EQUI 0.0137000000
THE TRADE DESK INC TTD EQUI 0.0135000000
FREEPORT-MCMORAN INC FCX EQUI 0.0134000000
LAM RESEARCH CORP LRCX EQUI 0.0129000000
WEYERHAEUSER CO WY EQUI 0.0125000000
HOWMET AEROSPACE INC HWM EQUI 0.0119000000
MOSAIC CO/THE MOS EQUI 0.0119000000