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EHLS ETF Profile


Family: Even Herd
Name: Even Herd Long Short ETF
Inception Date: 1-Apr-2024
Termination Date:
Investment Objective: The Even Herd Long Short ETF (the "Fund") seeks long-term capital appreciation. The Fund, an actively-managed exchange-traded fund ("ETF"), seeks to achieve its investment objective by taking both long and short positions in equity securities. Even Herd, LLC, the Fund's sub-adviser (the "Sub-Adviser"), employs its proprietary algorithm to manage the Fund's portfolio, seeking to maintain a consistent 100% long exposure to equity securities. In addition, the Fund's short exposure will vary between 10% to 60%. Consequently, the Fund's net equity exposure defined as the value of the Fund's long positions minus its short positions will generally range from 40% to 90% net long. This range is subject to adjustment by the Sub-Adviser based on prevailing market conditions. The Sub-Adviser follows a momentum-focused investment strategy. Momentum is defined as an upward (positive) or downward (negative) price movement of a security (or an asset class), generating positive or negative investment returns, over the course of a predefined observation period.
Prospectus
Top 10 Holdings
Cash & Other 29.5500%
Banco Macro SA BMA 2.1600%
GeneDx Holdings Corp WGS 1.9700%
Iron Mountain Inc IRM 1.9300%
CSW Industrials Inc CSWI 1.8700%
Alamos Gold Inc AGI 1.8100%
GDS Holdings Ltd GDS 1.7600%
NVIDIA Corp NVDA 1.7500%
Meta Platforms Inc META 1.7400%
SL Green Realty Corp SLG 1.7200%
Top 10 Holdings Weight: 46.3%
Number of Holdings: 282
Shares Outstanding: 2,400,000
Total Net Assets: 51,696,000
NAV: 21.51
Net Expense Ratio: 1.58%
Asset Class: Equities (Stocks)
Developed or Emerging: Developed Market Funds
Country: US
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Strategy: Long-Short strategy
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Market Cap: Broad Market / Multi-Cap
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Is Currency Hedged: No
US or Ex-US: Domestic