SGI Enhanced Global Income ETF

September 20, 2024

CURRENT MATERIALS

CURRENT MATERIALS

Overview

INCEPTION
02/29/2024
OBJECTIVE
Seeks income
TICKER
GINX
PRIMARY EXCHANGE
NASDAQ
CUSIP
74933W262
NET ASSETS
$69,320,862.05
PREMIUM/DISCOUNT1
0.47%
30 DAY MEDIAN BID/ASK SPREAD2
0.71%
GROSS EXPENSE RATIO
0.98%

Seeking Higher Income from Equity Exposure

The SGI Global Enhanced Income ETF (GINX) seeks to generate current income and enhanced yield by actively investing in global companies (primarily large- and mid-cap) that currently offer dividend income. Emphasizing reduced volatility through disciplined value investment, our goal is to outperform and receive higher dividend yields when compared to the underlying indices.

GINX uses an innovative, actively traded put and call options methodology that harnesses exposure to the S&P 500 Index or other broad benchmark indices, but with a dedicated emphasis on risk control. We believe this gives GINX increased potential of providing improved yield compared to traditional option-based strategies.

Why invest in GINX?

Income Generation

Designed for investors looking to experience income derived from two distinct sets of holdings: 1) dividends that are generated from a diversified portfolio of global equities that historically generate attractive dividends, and 2) an enhanced income component derived from an ultra-short-term options strategy that seeks to provide additional daily income.

Diversification

Invests across a diversified portfolio of global companies that exhibit attractive growth characteristics— growth potential and quality of earnings—with an emphasis on current dividends, while seeking downside protection through our Managed Risk ApproachTM.

Risk Management

Managed Risk ApproachTM utilizes dynamic hedging through call options or underlying futures.

Experienced Investment Team

SGI Portfolio Managers have deep expertise in multi-asset income investing, including asset allocation, tactical positioning, and rigorous research.

Managed Risk Approach

Performance

DAILY PERFORMANCE
AS OF 2024-09-20

NAV
PRICE
$ Change
$26.76
$26.89
% Change
-0.91%
-0.33%

Portfolio Managers

Aash M. Shah, CFA

Head of Investments & Sr. Portfolio Manager

David Harden, Founder

President | Portfolio Manager | Chief Executive Officer | Chief Investment Officer

Holdings as of 2024-09-20

Name
Ticker
CUSIP
Shares
Weight
Market Value
Meta Platforms Inc
META
30303M102
5218
4.23%
$2,929,124.30
Eli Lilly & Co
LLY
532457108
2853
3.79%
$2,629,010.97
Apple Inc
AAPL
037833100
11347
3.74%
$2,589,385.40
Rio Tinto PLC
RIO
767204100
35877
3.29%
$2,280,700.89
Alphabet Inc
GOOG
02079K107
13192
3.13%
$2,171,930.88
Novo Nordisk A/S
NVO
670100205
16184
2.98%
$2,063,621.84
Microsoft Corp
MSFT
594918104
4715
2.96%
$2,052,298.05
Equinor ASA
EQNR
29446M102
74031
2.65%
$1,840,410.66
Bancolombia SA
CIB
05968L102
54685
2.54%
$1,758,669.60
TIM SA/Brazil
TIMB
88706T108
103285
2.53%
$1,750,680.75
Shinhan Financial Group Co Ltd
SHG
824596100
39778
2.40%
$1,666,300.42
INFOSYS LTD
INFY
456788108
65416
2.16%
$1,494,755.60
CSX Corp
CSX
126408103
40811
2.06%
$1,425,528.23
QUALCOMM Inc
QCOM
747525103
8112
1.98%
$1,370,279.04
First American Government Obligations Fund
FGXXX
31846V336
1227338.52
1.77%
$1,227,338.52
Civitas Resources Inc
CIVI
17888H103
20796
1.63%
$1,129,430.76
Amazon.com Inc
AMZN
023135106
5858
1.62%
$1,122,392.80
TELUS Corp
TU
87971M103
65756
1.59%
$1,100,755.44
Home Depot Inc/The
HD
437076102
2785
1.57%
$1,085,760.10
Taiwan Semiconductor Manufacturing Co Ltd
TSM
874039100
5993
1.50%
$1,043,261.44
Amphenol Corp
APH
032095101
15749
1.50%
$1,038,016.59
Coca-Cola Femsa SAB de CV
KOF
191241108
11490
1.49%
$1,031,227.50
Applied Materials Inc
AMAT
038222105
4993
1.38%
$959,454.88
NVIDIA Corp
NVDA
67066G104
8099
1.36%
$939,484.00
CBRE Group Inc
CBRE
12504L109
7694
1.35%
$935,590.40
Lam Research Corp
LRCX
512807108
1197
1.34%
$925,508.43
Petroleo Brasileiro SA
PBR
71654V408
62121
1.29%
$894,542.40
Frontline PLC
FRO
M46528101
39886
1.28%
$887,463.50
Micron Technology Inc
MU
595112103
9758
1.28%
$887,002.20
Banco Bilbao Vizcaya Argentaria SA
BBVA
05946K101
74227
1.16%
$806,105.22
PepsiCo Inc
PEP
713448108
4517
1.12%
$773,220.06
Bristol-Myers Squibb Co
BMY
110122108
14752
1.05%
$728,896.32
Alibaba Group Holding Ltd
BABA
01609W102
8212
1.05%
$725,037.48
TJX Cos Inc/The
TJX
872540109
6021
1.02%
$710,056.53
AbbVie Inc
ABBV
00287Y109
3636
1.01%
$703,456.92
JPMORGAN CHASE & CO.
JPM
46625H100
3302
1.01%
$697,019.18
Cia Energetica de Minas Gerais
CIG
204409601
335437
0.98%
$680,937.11
American Financial Group Inc/OH
AFG
025932104
4870
0.95%
$660,469.40
Ferguson Enterprises Inc
FERG
31488V107
3297
0.93%
$647,926.44
Automatic Data Processing Inc
ADP
053015103
2303
0.92%
$636,572.23
Union Pacific Corp
UNP
907818108
2577
0.91%
$632,370.03
Evergy Inc
EVRG
30034W106
9628
0.86%
$593,566.20
FedEx Corp
FDX
31428X106
2279
0.84%
$580,324.56
Colgate-Palmolive Co
CL
194162103
5573
0.83%
$574,353.38
Lennar Corp
LEN
526057104
3077
0.81%
$560,598.63
Prudential Financial Inc
PRU
744320102
4579
0.80%
$555,707.44
ICICI Bank Ltd
IBN
45104G104
17625
0.80%
$553,072.50
UBS Group AG
UBS
H42097107
17888
0.77%
$534,851.20
Unilever PLC
UL
904767704
7505
0.70%
$483,397.05
EOG Resources Inc
EOG
26875P101
3756
0.68%
$473,368.68
Coca-Cola Co/The
KO
191216100
6390
0.66%
$457,779.60
TPG Inc
TPG
872657101
7776
0.66%
$456,606.72
Shopify Inc
SHOP
82509L107
5604
0.64%
$441,146.88
Brookfield Corp
BN
11271J107
8246
0.62%
$430,276.28
Bank of New York Mellon Corp/The
BK
064058100
5738
0.59%
$412,103.16
Progressive Corp/The
PGR
743315103
1585
0.59%
$410,895.40
SAP SE
SAP
803054204
1751
0.58%
$400,646.31
PDD Holdings Inc
PDD
722304102
3952
0.57%
$394,804.80
UFP Industries Inc
UFPI
90278Q108
2990
0.56%
$391,092.00
American Electric Power Co Inc
AEP
025537101
3804
0.56%
$388,578.60
Clearway Energy Inc
CWEN
18539C204
13003
0.56%
$384,888.80
Entergy Corp
ETR
29364G103
2915
0.54%
$376,763.75
Woori Financial Group Inc
WF
981064108
10412
0.54%
$373,790.80
ING Groep NV
ING
456837103
19957
0.54%
$372,397.62
American Express Co
AXP
025816109
1384
0.54%
$372,282.16
Lockheed Martin Corp
LMT
539830109
648
0.53%
$370,604.16
Citizens Financial Group Inc
CFG
174610105
8821
0.53%
$367,394.65
Shell PLC
SHEL
780259305
5307
0.53%
$364,697.04
TFI International Inc
TFII
87241L109
2486
0.52%
$361,340.10
Allstate Corp/The
ALL
020002101
1879
0.52%
$358,889.00
Janus Henderson Group PLC
JHG
G4474Y214
9364
0.52%
$357,611.16
DR Horton Inc
DHI
23331A109
1860
0.51%
$356,915.40
Mastercard Inc
MA
57636Q104
710
0.50%
$349,845.40
ELEVANCE HEALTH INC
ELV
036752103
645
0.50%
$348,209.70
Berkshire Hathaway Inc
BRK/B
084670702
744
0.49%
$338,750.64
Banco Santander SA
SAN
05964H105
65155
0.48%
$330,987.40
Logitech International SA
LOGI
H50430232
3801
0.48%
$329,926.80
American International Group Inc
AIG
026874784
4350
0.46%
$320,856.00
Corebridge Financial Inc
CRBG
21871X109
11261
0.45%
$313,956.68
Permian Resources Corp
PR
71424F105
22489
0.45%
$312,597.10
Honeywell International Inc
HON
438516106
1535
0.45%
$312,142.25
JD.com Inc
JD
47215P106
10879
0.45%
$310,595.45
Deere & Co
DE
244199105
718
0.42%
$291,429.02
Sysco Corp
SYY
871829107
3780
0.41%
$284,218.20
Cash & Other
Cash&Other
Cash&Other
280822.53
0.41%
$280,822.53
Broadcom Inc
AVGO
11135F101
358
0.09%
$61,253.80
CBOE S&P PUT OPT 09/24 5515
SPXW 240920P05515000
SPXW 240920P05515000
-202
0.00%
$-1,010.00
CBOE S&P PUT OPT 09/24 5510
SPXW 240920P05510000
SPXW 240920P05510000
-90
0.00%
$-450.00
CBOE S&P PUT OPT 09/24 5490
SPXW 240920P05490000
SPXW 240920P05490000
-200
0.00%
$-1,000.00
CBOE S&P PUT OPT 09/24 5485
SPXW 240920P05485000
SPXW 240920P05485000
-144
0.00%
$-720.00
CBOE S&P PUT OPT 09/24 5470
SPXW 240920P05470000
SPXW 240920P05470000
-130
0.00%
$-650.00
CBOE S&P PUT OPT 09/24 5455
SPXW 240920P05455000
SPXW 240920P05455000
-3
0.00%
$-15.00
CBOE S&P CLL OPT 09/24 5800
SPXW 240920C05800000
SPXW 240920C05800000
-198
0.00%
$-990.00
CBOE S&P CLL OPT 09/24 5795
SPXW 240920C05795000
SPXW 240920C05795000
-49
0.00%
$-245.00
CBOE S&P CLL OPT 09/24 5785
SPXW 240920C05785000
SPXW 240920C05785000
-150
0.00%
$-750.00
CBOE S&P CLL OPT 09/24 5790
SPXW 240920C05790000
SPXW 240920C05790000
-150
0.00%
$-750.00
CBOE S&P CLL OPT 09/24 5750
SPXW 240920C05750000
SPXW 240920C05750000
-200
0.00%
$-1,000.00
CBOE S&P PUT OPT 09/24 5525
SPXW 240920P05525000
SPXW 240920P05525000
-180
0.00%
$-900.00
ETF holdings and allocations are subject to change at any time and should not be interpreted as an offer of these securities.

Historical Premium/Discount

IMPORTANT INFORMATION

1Premium/Discount If the price of the ETF is trading above its NAV, the ETF is said to be trading at a “premium.” Conversely, if the price of the ETF is trading below its NAV, the ETF is said to be trading at a “discount.” In relatively calm markets, ETF prices and NAV generally stay close.
230-Day Median Bid/Ask Spread % A calculation of the Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
3Alpha is typically used to represent the value added or subtracted by active investment management strategies. It shows how an actively managed investment portfolio performed compared with the expected portfolio returns produced simply by benchmark volatility (beta) and market changes. A positive alpha shows that an investment manager has been able to capture more of the upside movement in the benchmark while softening the downswings. A negative alpha means that the manager's strategies have caught more benchmark downside than upside.

Important Risk Information

Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in The SGI Global Income ETF's prospectus. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. The Fund is a newly organized, diversified management investment company with no operating history. To the extent the Fund invests in Underlying Funds that invest in fixed income securities, the Fund will be subject to fixed income securities risks. While fixed income securities normally fluctuate less in price than stocks, there have been extended periods of increases in interest rates that have caused significant declines in fixed income securities prices. To the extent that a Fund invests in Underlying Funds that invest in high-yield securities and unrated securities of similar credit quality (commonly known as “junk bonds”), the Fund may be subject to greater levels of interest rate and credit risk than funds that do not invest in such securities. Small cap companies that the Underlying Funds may invest in may be more volatile than, and not as readily marketable as, those of larger companies. Small companies may also have limited product lines, markets or financial resources and may be dependent on relatively small or inexperienced management groups. Underlying Funds that invest in foreign securities may be subject to special risks, including, but not limited to, currency exchange rate volatility, political, social, or economic instability, less publicly available information, less stringent investor protections and differences in taxation, auditing and other financial practices. Investments in emerging market securities by Underlying Funds are subject to higher risks than those in developed countries because there is greater uncertainty in less established markets and economies. To the extent the Fund invests in Underlying Funds that focus their investments in a particular industry or sector, the Fund’s shares may be more volatile and fluctuate more than shares of a fund investing in a broader range of securities. A company issuing dividend-paying securities may fail and have to decrease or eliminate its dividend. In such an event, the Fund may not only lose the dividend payout, but the stock price of the company may fall. The Fund’s investments in derivative instruments including options, forward currency exchange contracts, swaps, and futures, which may be leveraged, may result in losses. Investments in derivative instruments may result in losses exceeding the amounts invested. The use of derivatives is a highly specialized activity that involves investment techniques and risks different from those associated with investments in more traditional securities and instruments.
Diversification does not eliminate the risk of experiencing investment loss.
Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Distributed by Quasar Distributors, LLC.