EcoLogical Strategy ETF

About EcoLogical Strategy ETF

Overview

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.

Performance
Cumulative (%) Average Annual Total Return (%)
As of 3/31/2016 As of 3/31/2016
YTD 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year Since
Inception
Total Returns (NAV) -0.37 5.30 -0.37 4.71 -2.94 9.08 11.59
Total Returns (Market Price) -2.55 2.45 -2.55 4.28 -4.80 8.67 11.24

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.

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.

2Contractual fee waivers are in effect until August 31, 2016.

ETF Data
As of 4/11/2016

NAV ($) 34.91
Shares Outstanding 175,000
Total Assets 6,109,625
Daily Trade Volume

Portfolio Profile

Ticker HECO
IOPV1 Symbols HECO.IV
CUSIP 446698201
Inception June 18, 2012
Exchange NYSE Arca
Net Expense Ratio 2 0.95%
Gross Expense Ratio 2.79%
Premium/Discount
Ticker Fund Name RateDate NAV Market Price Premium Discount %
HECO EcoLogical Strategy ETF 10/23/2017 42.52 42.58 0.14
Holdings
Shares Profile As of 10/19/2017          
Fund Name Ticker NAV Shares Outstanding Total Net Assets As of Date
EcoLogical Strategy ETF HECO 42.67 200000.00 8533253.00 10/19/2017
US Market Rotation Strategy ETF HUSE 39.87 1600000.00 63789267.42 10/19/2017
ECOLOGICAL STRATEGY ETF         US MKT ROTATION STRAT ETF          
As of (10/23/2017) As of (10/23/2017)
Name Ticker Syrr % of Market Value Quantity of Shares Name Ticker Syrr % of Market Value Quantity of Shares
CASH AND CASH EQUIVALENTS 1.42% 121389.89 CASH AND CASH EQUIVALENTS 12.95% 8469174.59
NVIDIA CORP NVDA 7.02% 3045.00 ISHARES SHORT TSRY BOND SHV 23.07% 136688.00
BEST BUY CO. INC. BBY 3.42% 5236.00 DEERE & CO. DE 4.22% 21377.00
TEXAS INSTRUMENTS INC. TXN 3.14% 2820.00 PRICELINE GROUP INC PCLN 3.86% 1298.00
UNILEVER NV UN 3.08% 4674.00 LKQ CORP LKQ 3.84% 67244.00
MCDONALD'S CORP. MCD 2.93% 1508.00 AMAZON.COM INC. AMZN 3.75% 2496.00
SIEMENS AG SIEGY 2.92% 3656.00 TJX COMPANIES INC. TJX 3.71% 33694.00
UNITEDHEALTH GROUP INC. UNH 2.92% 1201.00 INTERCONTINENTAL EXCHANGE ICE 3.60% 35562.00
UNUM GROUP UNM 2.75% 4490.00 PTC INC PTC 3.34% 35968.00
3M CO. MMM 2.72% 1049.00 WILLIAMS PARTNERS WPZ 3.34% 56676.00
PROLOGIS INC. PLD 2.66% 3531.00 CSX CORP CSX 3.08% 36888.00
HASBRO INC HAS 2.63% 2285.00 FACEBOOK INC FB 3.07% 11474.00
INGERSOLL-RAND PLC IR 2.61% 2388.00 AUTO DESK ADSK 2.89% 15665.00
TELECOM ITALIA TI 2.61% 24434.00 CHARTER COMMUNICATIONS CHTR 2.74% 5110.00
JOHNSON & JOHNSON JNJ 2.59% 1554.00 BROADCOM LTD AVGO 2.54% 6788.00
MARSH & MCLENNAN COS INC MMC 2.55% 2579.00 EXPEDIA INC EXPE 2.38% 10177.00
HARTFORD FINANCIAL SVC HIG 2.55% 3851.00 CHENIERE ENERGY INC LNG 2.18% 30877.00
ROYAL BANK OF CANADA RY 2.54% 2708.00 MICRON TECHNOLOGY INC. MU 1.80% 28353.00
BAXTER INTERNATIONAL INC. BAX 2.53% 3405.00 ADOBE SYSTEMS INC. ADBE 1.73% 6434.00
TORONTO-DOMINION BANK TD 2.51% 3778.00 ALLERGAN PLC AGN 1.68% 5821.00
AFLAC INC AFL 2.48% 2529.00 UNIVERSAL HEALTH SERVICES UHS 1.60% 9251.00
WASTE MANAGEMENT INC. WM 2.44% 2688.00 ALIBABA GROUP HLD BABA 1.14% 4209.00
ECOLAB INC ECL 2.41% 1554.00 MGM RESORTS INTERNATIONAL MGM 1.11% 23481.00
BIOGEN INC BIIB 2.35% 593.00 CENTENE CORP CNC 0.75% 5064.00
BANK OF NEW YORK MELLON BK 2.34% 3770.00 PIMCO ENHANCED SHRT MATUR MINT 0.07% 457.00
THE HERSHEY COMPANY HSY 2.32% 1817.00 ISHARES 1-3 YEAR ETF SHY 0.06% 457.00
COLGATE PALMOLIVE CL 2.29% 2708.00 VANGUARD SHORT-TERM CORP VCSH 0.05% 394.00
UPS INC. CLASS B UPS 2.18% 1554.00 VANGUARD SHORT TERM BOND BSV 0.05% 394.00
SUN LIFE FINANCIAL INC SLF 2.10% 4538.00 ISHARES 7-10YEAR IEF 0.00% 10.00
CA INC CA 2.10% 5261.00 ISHARES 1-3 YEAR CREDIT CSJ 0.00% 10.00
ACCENTURE PLC ACN 2.09% 1282.00 VANGUARD SHORT-TERM ETF VGSH 0.00% 10.00
METLIFE INC. MET 2.07% 3325.00 ISHARES FLOATING RATE ETF FLOT 0.00% 10.00
PROCTER & GAMBLE CO. PG 1.85% 1793.00 GUGGENHEIM ULTRA SHORT GSY 0.00% 10.00
WALT DISNEY CO. DIS 1.85% 1590.00 SCHWAB SHORT-TERM U.S ETF SCHO 0.00% 10.00
BT GROUP PLC BT 1.69% 7977.00 ISHARES SHORT MATURITY NEAR 0.00% 10.00
NIKE INC. CLASS B NKE 1.60% 2572.00 VANGUARD SHORT-TERM VTIP 0.00% 10.00
GENERAL MILLS INC. GIS 1.55% 2548.00 SPDR PORTFOLIO SHORT TERM SPSB 0.00% 10.00
TARGET CORP. TGT 1.51% 2094.00 CONSTELLATION BRANDS INC. STZ 3.44% 10649.00
KIMCO REALTY CORP. KIM 1.51% 6868.00
CONAGRA BRANDS INC. CAG 1.39% 3507.00
CVS HEALTH CORP CVS 1.36% 1520.00
BRIGHTHOUSE FINANCIAL INC BHF 0.22% 302.00
BIOVERATIV INC BIVV 0.18% 259.00