SIXF pursues a buffered strategy that seeks to match the share price returns of the SPDR S&P 500 ETF Trust (the “Underlying ETF”) (i.e., the market price returns of the Underlying ETF), at the end of a specified six-month period, from February 1 to July 31 or August 1 to January 31, as described below (the “Outcome Period”), subject to an upside maximum percentage return (the “Cap”) and downside protection with a buffer against the first 10% of Underlying ETF losses (the “Buffer”).
LABD seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the performance of the S&P Biotechnology Select Industry Index. The Index is provided by Standard & Poor’s and includes domestic companies from the biotechnology industry. As of April 30, 2015, the Index was comprised of 98 stocks. The companies included in the Index have a median market capitalization of $1.54 billion and are concentrated in the energy and biotechnology sectors as of April 30, 2015.
FLJJ seeks to match the share price returns of the SPDR S&P 500 ETF Trust (the “Underlying ETF”) at the end of a specified six-month period, from January 1 to June 30, which is February 1, 2024 through June 30, 2024 or July 1 to December 31, (the “Outcome Period”), subject to an upside maximum percentage return and providing downside protection with a Floor limiting losses in the Fund to a maximum loss of 5% (the “Floor”). The Fund’s intended return measured across different market conditions (e.g., rising or declining markets) is referred to as “outcomes.”
TECS seek daily investment results, before fees and expenses, of 300% or 300% of the inverse (or opposite) of the performance of the S&P Technology Select Sector Index. There is no guarantee the funds will meet their stated investment objectives. The Index is calculated by the using a modified “market capitalization” methodology, which is a hybrid between equal weighting and conventional capitalization weighting with the weighting capped for the largest stocks included in the Index.
QLVE seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Emerging Markets Quality Low Volatility Index (the “Underlying Index”). The Northern Trust Emerging Markets Quality Low Volatility Index (Underlying Index) is designed to reflect the performance of a selection of companies that, in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust Global Index. The Underlying Index looks to select companies from the Parent Index that are domiciled in an emerging market countries, designated as Large/Mid-cap companies as defined by the Parent Index and exhibit financial strength and stability (i.e., quality) characteristics.
IEDI seeks to provide access to U.S. companies with discretionary spending exposure, as classified using a proprietary classification system, while targeting increased exposure to U.S. firms with a greater proportion of consumer spending and consumer goods and service production in the U.S. relative to the proprietary classification system.
UVIX seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the Long VIX Futures Index (Ticker: LONGVOL). The Long VIX Futures Index expresses the daily performance of a theoretical portfolio of first and second month VIX futures contracts that are rolled daily. The Index determines its daily settlement price from the Time Weighted Average Price (TWAP) of its theoretical portfolio over the last 15 minutes of the regular equity trading session.
MARZ utilizes a “buffer protect” options strategy, that seeks to provide investors with returns (before fees and expenses) that track those of the S&P 500 Index while seeking to provide an 8-12% downside buffer (with the advisor targeting 10%) on the first of that index’s losses over a 12-month investment period. The MARZ defined investment period begins on July 1, 2020 and resets exactly 12 months later. The strategy is implemented through the purchase and sale of options on the S&P 500 Price Index or an ETF that tracks the S&P 500 Price Return Index. While there is no guarantee the Fund will be successful in providing these outcomes in any period, the intent of the ETFs in the series is to provide uncapped equity market upside participation (subject to options pricing) with a measure of downside risk mitigation.
NVDQ seeks daily inverse investment results and is very different from most other exchange-traded funds. The pursuit of daily inverse investment goals means that the return of the Fund for a period longer than a full trading day may have no resemblance to -200% of the return of the publicly-traded common stock of NVIDIA, Corp. (NASDAQ: NVDA).
BLES is designed as a core equity holding by providing exposure to a broad range of large companies in the U.S., international and emerging markets. BLES uses the Inspire Impact Score methodology to seek out investments in the most inspiring, biblically aligned companies in the U.S. applying a faith-based perspective in seeking out businesses that are a blessing to their customers, communities, workforce and the world.
IMAR seeks to provide investors with returns that match the price return of the iShares MSCI EAFE ETF, up to the upside cap of 19.30% (prior to taking into account management fees and other fees) while providing a buffer against the first 15% (prior to taking into account management fees and other fees) of iShares MSCI EAFE ETF losses, over the period from March 1, 2024 through February 28, 2025. The Fund’s strategy has been specifically designed to produce the Outcomes based upon the performance of the Underlying ETF’s share price (or its “price return”) over the duration of the Outcome Period.
NVD seeks daily investment results, before fees and expenses, of -2 times (-200%) the daily percentage change of the common stock of NVIDIA Corporation (NASDAQ NVDA). The Fund is an actively managed exchange traded fund that attempts to replicate 2x the inverse (-200%) daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate the inverse daily performance of the Underlying Stock for a single day.
EMCR seeks investment results that correspond generally to the performance, before fees and expenses, of the Solactive ISS Emerging Markets Carbon Reduction & Climate Improvers Index NTR. The Solactive ISS Emerging Markets Carbon Reduction & Climate Improvers Index NTR aims to track the performance of Emerging Markets Large & Mid Cap securities, including only companies operating in accordance with market standards on ESG controversy screens.
