The Fund is an actively managed exchange-traded fund (“ETF”) and, under normal conditions, invests at least 80% of its net assets (plus borrowings for investment purposes) in the securities of ecologically-focused companies.
Ecologically-focused companies are companies that have positioned their business to respond to increased environmental legislation, cultural shifts towards environmentally conscious consumption, and capital investments in environmentally oriented projects. These companies include all companies that are components of recognized environmentally-focused indices.
There are risks involved with investing, including possible loss of principal. The ETF may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. The ETF’s ecological investment criteria limit the types of investments the ETF may make. This could cause the ETF to underperform other funds that do not have an ecological focus. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principals or from social, economic or political instability in other nations. If the ETF invests more than 25% of its net assets in a particular asset class, or securities of issuers within a particular business sector, it is subject to increased risk.
|EcoLogical Strategy ETF||Cumulative (%) as of 6/30/2018||Annualized (%) as of 6/30/2018|
|YTD||1 Mo.||3 Mos.||6 Mos.||1 Yr||3 Yr||5 Yr||Since Inception|
|Total Funds (NAV)||-0.19||0.07||1.32||-0.19||9.28||10.27||11.55||12.79|
|Total Funds (Market Price)||-0.36||0.10||1.34||-0.36||9.92||9.80||11.54||12.94|
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the ETF shares will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market returns are based on the composite closing price and do not represent the returns you would receive if you traded the shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date.
To obtain performance, current to the most recent month-end, call 855-HSS-ETFS.
1 A calculation disseminated by the stock exchange that approximates the ETF’s NAV every 15 seconds throughout the trading day.
2 Contractual fee waivers are in effect until August 31, 2016.
|Ticker||Fund Name||RateDate||NAV||Market Price||Premium Discount %|
|HECO||EcoLogical Strategy ETF||7/18/2018||42.61||42.69||0.19|
|ECOLOGICAL STRATEGY ETF|
|As of (07/18/2018)|
|Name||Ticker Syrr||% of Market Value||Quantity of Shares|
|CASH AND CASH EQUIVALENTS||20.12%||1717138.38|
|TEXAS INSTRUMENTS INC.||TXN||3.30%||2430.00|
|UPS INC. CLASS B||UPS||3.26%||2502.00|
|BEST BUY CO. INC.||BBY||3.24%||3611.00|
|S&P GLOBAL INC||SPGI||3.24%||1300.00|
|BAXTER INTERNATIONAL INC.||BAX||3.19%||3643.00|
|CVS HEALTH CORP||CVS||3.19%||4007.00|
|THE HERSHEY COMPANY||HSY||3.17%||2896.00|
|CISCO SYSTEMS INC.||CSCO||3.16%||6372.00|
|UNITEDHEALTH GROUP INC.||UNH||3.14%||1070.00|
|PROCTER & GAMBLE CO.||PG||1.64%||1744.00|
|MARSH & MCLENNAN COS INC||MMC||1.63%||1601.00|
|WASTE MANAGEMENT INC.||WM||1.62%||1648.00|
|ROYAL BANK OF CANADA||RY||1.60%||1767.00|
|NIKE INC. CLASS B||NKE||1.59%||1757.00|
|BANK OF NEW YORK MELLON||BK||1.59%||2513.00|
|ROCKWELL AUTOMATION INC.||ROK||1.58%||794.00|