TTAC

Fund Description
The Fund seeks to generate long-term returns in excess of the total return of the Russell 3000 Index (the Index ), with less volatility than the Index. The Russell 3000 Index measures the performance of the 3,000 largest publicly traded U.S. companies, based on market capitalization. The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by primarily investing in the broad U.S. equity market, as represented by the Index. The Fund seeks to achieve this goal by investing in stocks with liquidity and fundamental characteristics that are historically associated with superior long-term performance. Based on extensive historical research, TrimTabs Asset Management, LLC (the Adviser ) designed the following quantitative stock selection rules to make allocation decisions and to protect against dramatic over- or under-weighting of individual securities in the Fund s portfolio. The Index measures the performance of approximately 98% of the total market capitalization of the publicly traded U.S. equity market. The top decile of stocks ranked represent the companies in the Index with (1) the largest reduction in shares outstanding, (2) the strongest growth in free cash flow, and (3) the largest decrease in leverage, respectively. The Adviser uses an algorithm to combine the three rankings into a single ranking for each stock ranked ( combined ranking ). The algorithm places a higher weight on the float shrink ranking, followed by the free cash flow ranking, followed by the leverage ranking. Under normal circumstances the Fund invests in 80 to 120 stocks from the top decile of stocks with the highest combined ranking, although the Adviser retains discretion to adjust allocations.
Fund Profile
Fund Name TrimTabs All Cap US Free-Cash-Flow ETF
Fund Exchange Ticker TTAC
Fund Sponsor TrimTabs Asset Management
Fund ISIN US89628W3025
Net Expense Ratio 0.59 %
Fund Inception Date 28 September 2016
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific US Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Market Capitalization Range Broad Market / Multi-Cap
Growth Value Core / Blend
Continent North America
Key Statistics
Return As of Date 13 September 2019
Asset Under Management 123.61 Million (USD)
1 Month Total Return 3.85 %
Year To Date Return 19.24 %
1 Year Total Return -2.26 %
3 Year Annualized Total Return
NAV 37.4573
Share Outstanding 3,300,000
Top 10 Holdings (16 September 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
ZOETIS INC ZTS EQUI 0.0150000000
CHEMED CORP CHE EQUI 0.0146000000
MATCH GROUP INC MTCH EQUI 0.0144000000
COSTCO WHOLESALE CORP COST EQUI 0.0136000000
VISA INC V EQUI 0.0134000000
MICROSOFT CORP MSFT EQUI 0.0133000000
MSCI INC MSCI EQUI 0.0133000000
MORNINGSTAR INC MORN EQUI 0.0131000000
BROADRIDGE FINANCIAL SOLUTIO BR EQUI 0.0129000000
MOODY'S CORP MCO EQUI 0.0128000000