The Changebridge Select Equity ETF (the “Fund”) seeks capital appreciation and lower volatility than the broader market.
The Fund is an actively-managed, long-only ETF that incorperates a combination of quantitative screening and fundamental research to identify securities that it believes are undervalued. Integrating sustainability considerations into the investment process helps uncover businesses that are creating long-term competitive advantages. The Fund targets long positions trading at a discount to current and future cash flows, that generate returns on invested capital in excess of their cost of capital.
Idea generation begins with quantitative screening to identify inefficiencies - opportunities for fundamental analysis to add meaningful value.
Investing according to environmental, social, and governance (ESG) criteria doesn’t need to occur at the expense of returns. The Advisor believes that a company’s understanding of ESG principles demonstrates the qualities of innovation and leadership that create a distinct competitive advantage and build long-term value.
Ticker
CBSE
CUSIP
53656F631
Shares outstanding
Inception
11/13/2020
Net Assets
TBD
Benchmark
S&P 500 Index
NAV
TBD
Premium/Discount to NAV
Market Price
TBD
Median 30-Day Bid/Ask Spread
TBD
Expense Ratio
0.85%
Distribution and/or Service (12b-1) Fees
0.00%
Total Annual Fund Operating Expenses
0.85%
Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.
WEIGHT
TOTAL
TBD
Click here for a full list of holdings.
Holdings and Allocations are subject to change. There is no guarantee the fund continues to invest in the securities referenced.
As of TBD |
1 Month | 3 Month | 6 Month | YTD | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | – | – | – | – | – | |
| Market Price | – | – | – | – | – | |
| S&P 500 Index | – | – | – | – | – |
As of TBD |
1 Month | 3 Month | 6 Month | YTD | Since Inception | |
|---|---|---|---|---|---|---|
| NAV | – | – | – | – | – | |
| Market Price | – | – | – | – | – | |
| S&P 500 Index | – | – | – | – | – |
Market Returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. Eastern Time, when the NAV is normally calculated for ETFs. Your return may differ if you trade shares at other times.
Performance data shown represents past performance and is no guarantee of, and not necessarily indicative of future results. Total return and value will vary and you may have a gain or loss when shares are sold. Current performance may be lower or higher than quoted. Returns include changes in share price and reinvestment of dividends and capital gains, if any.
| Sector | Long Exposure |
|---|
| Days at premium |
| Days at NAV |
| Days at discount |
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The vertical axis of the chart shows the premium or discount expressed in percentages. The horizontal axis indicates the trading days in the period covered by the chart.
Changebridge ETFs trade intraday on an exchange. ETFs are available through various channels including broker-dealers, investment advisers, and other financial services firms, including:*
* Neither Changebridge Capital nor Changebridge Select Equity ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.
