The US Market Rotation Strategy ETF is an actively managed exchange traded fund (“ETF”). Under normal market conditions, the ETF invests in companies that are organized in the US and included in the S&P Composite 1500, which is comprised of large-cap, mid-cap and small-cap companies. The ETF may over- or under-weight certain industry sectors and segments of the S&P Composite 1500, depending on which the managers believe to have the greatest or least potential for capital appreciation given the current market environment. This ETF may be appropriate for long-term investors looking for a unique approach to pursuing capital appreciation. It may provide an important overlay to the investor’s portfolio as the advisors seek to enhance performance through emphasizing the market sectors and segments believed most promising.
The Value in Sector Rotation
Different sectors within the S&P Composite 1500 typically outperform the market at various times. Market environments may cause certain sectors of businesses to perform more favorably than others. For instance, when technology companies are performing relatively well, financial companies may be taking a hit. The advisor attempts to identify the companies that may experience more profitability given the current economic cycle and overweight its portfolio in companies within that sector.
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. 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. Investments in smaller companies typically exhibit higher volatility.
|US Market Rotation Strategy ETF||Cumulative (%) as of 1/31/2018||Annualized (%) as of 12/31/2017|
|YTD||1 Mo.||3 Mos.||6 Mos.||1 Yr||3 Yr||5 Yr||Since Inception|
|Total Funds (NAV)||3.66||3.66||5.92||10.79||13.27||7.48||13.20||13.41|
|Total Funds (Market Price)||3.62||3.62||5.97||11.02||13.29||6.99||13.54||13.46|
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.
There are risks involved with investing, including possible loss of principal. The Fund 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.
1 A calculation disseminated by the stock exchange that approximates the Fund’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 %|
|HUSE||US Market Rotation Strategy ETF||5/18/2018||39.75||39.83||0.20|
|US MKT ROTATION STRAT ETF|
|As of (05/18/2018)|
|Name||Ticker Syrr||% of Market Value||Quantity of Shares|
|CASH AND CASH EQUIVALENTS||8.70%||8057731.92|
|ISHARES SHORT TSRY BOND||SHV||17.64%||148155.00|
|SPDR S&P 500 ETF TRUST||SPY||3.01%||10247.00|
|IPATH S&P 500 VIX S/T FU||VXX||2.87%||76274.00|
|SEAGATE TECHNOLOGY PLC||STX||2.10%||32987.00|
|ARMSTRONG WORLD INDUSTRIE||AWI||2.03%||31405.00|
|AMERICAN TOWER CORP. REIT||AMT||2.02%||13682.00|
|CONSTELLATION BRANDS INC.||STZ||2.00%||8328.00|
|ALPHABET INC - CLASS A||GOOGL||2.00%||1710.00|
|SHOPIFY INC- CLASS A||SHOP||1.99%||12646.00|
|TRINITY INDUSTRIES INC||TRN||1.99%||51300.00|
|INTERACTIVE BROKERS GROUP||IBKR||1.98%||23559.00|
|UNITED TECHNOLOGIES CORP||UTX||1.98%||14726.00|
|POWERSHARES QQQ TRUST SER||QQQ||1.98%||10895.00|
|SEALED AIR CORP.||SEE||1.97%||41962.00|
|VISA INC. CLASS A||V||1.97%||14048.00|
|WELLS FARGO & CO.||WFC||1.94%||33229.00|
|ZILLOW GROUP INC||ZG||1.93%||34288.00|
|SBA COMMUNICATIONS CORP||SBAC||1.81%||10670.00|
|ACTIVISION BLIZZARD INC||ATVI||1.54%||19905.00|
|LIBERTY BROADBAND CORP||LBRDK U||1.49%||19369.00|
|COCA COLA CO.||KO||1.03%||22496.00|
|KKR & CO LP||KKR US||1.01%||41371.00|
|PROCTER & GAMBLE CO.||PG||1.00%||12534.00|
|DOLLAR TREE INC||DLTR||1.00%||9798.00|
|JOHNSON & JOHNSON||JNJ||0.99%||7414.00|
|ROPER TECHNOLOGIES INC||ROP||0.98%||3309.00|
|CHENIERE ENERGY INC||LNG||0.81%||12126.00|
|CBRE GROUP INC||CBRE||0.67%||13028.00|
|LIBERTY SIRIUSXM GRP CL C||LSXMK||0.54%||11009.00|
|ALLIANCE DATA SYSTEMS||ADS||1.00%||4392.00|
|MICRON TECHNOLOGY INC.||MU||1.98%||32804.00|