GBGR Q4 2021 Rebalance Announcement

The Global Beta Rising Stars ETF is rebalancing at the close of 12/17/21!

Please visit https://gbgr.globalbetaetf.com/ for Top 10 holdings, Standardized Performance, and to find out more about the fund and its investment objective!

Below you will find notable securities that are in jeopardy of being removed from the portfolio, given their current market share trends and valuations:

Securities in Jeopardy

Ticker Company Name Current Price-to-Sales Ratio Year-Over-Year Sales Growth
CONE CyrusOne, Inc. 9.57 13.42%
COR CoreSite Realty Corporation 11.76 6.80%
NEWR New Relic, Inc. 9.96 11.52%
ICHR Ichor Holdings, Ltd. 1.32 22.84%
ZUO Zuora, Inc. Class A 7.54 11.08%
ZBRA Zebra Technologies Corporation Class A 5.79 27.09%
DIOD Diodes Incorporated 2.90 41.98%
EVTC EVERTEC, Inc. 5.38 12.95%
RVLV Revolve Group, Inc Class A 7.20 34.88%
ROK Rockwell Automation, Inc. 5.68 10.50%

Current price-to-sales ratio as of 11/30/21. Year-over-year sales growth based on the company’s most recently reported 12-month trialing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.

Below you will find notable securities that are being considered for the portfolio, given their current valuations and market share trends:

Securities in Consideration

 

Ticker Company Name Current Price-to-Sales Ratio Year-Over-Year Sales Growth
MGNI Magnite, Inc. 5.96 106.86%
FLT FLEETCOR Technologies, Inc. 6.55 7.22%
SWCH Switch, Inc. Class A 6.68 9.51%
MPLN MultiPlan Corp Class A 2.45 100.00%
TREE LendingTree, Inc. 1.42 12.70%
TLS Telos Corporation 4.71 23.01%
LPSN LivePerson, Inc. 6.02 30.38%
UPLD Upland Software, Inc. 1.96 8.92%
LOVE Lovesac Company 2.61 49.58%
CTLP Cantaloupe, Inc. 3.65 12.24%

Current price-to-sales ratio as of 11/30/21. Year-over-year sales growth based on the company’s most recently reported 12-month trialing revenue dividend by the company’s 12-month trailing revenue from exactly one year prior. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue.

Below is a summary of the characteristics for the securities in jeopardy of being sold from the index versus those that are being considered. By virtue of our methodology, the index seeks to identify stocks showing recent growth trends but at appropriate relative valuations.

Turnover Recap

Current Price-to-Sales Ratio Year-Over-Year Sales Growth
Securities in Consideration 4.20 36.04%
Securities in Jeopardy 6.71 19.31%

Current price-to-sales ratio as of 11/30/21. 12-month trailing dividend yield based on price from 11/30/21 and 12-month trailing revenue as of most recently reported fiscal quarter. Price-to-sales takes the company’s current market capitalization and divides by the company’s most recently reported 12-month trailing revenue. Dividend yield is calculated by dividing the dividends paid by the company over the past 12 months into the company’s current market capitalization.

Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus or summary prospectus. A copy may be obtained by visiting www.globalbetaetfs.com or calling (833) 933-2083. Please read the prospectus or summary prospectus carefully before investing.

The fund’s primary risks:

Mid-Capitalization Securities Risk
The securities of mid-capitalization companies are often more volatile and less liquid than the stocks of larger companies and may be more affected than other types of securities during market downturns. Compared to larger companies, mid-capitalization companies may have a shorter history of operations, and may have limited product lines, markets or financial resources.

Concentration Risk
To the extent that the Target Index is concentrated in a particular industry, group of industries or sector, the Fund is also expected to be concentrated in that industry, group of industries or sector, which may subject the Fund to a greater loss as a result of adverse economic, business or other developments affecting that industry, group of industries or sector.

Dividend-Paying Securities Risk
The Fund’s emphasis on dividend-paying stocks involves the risk that such stocks may fall out of favor with investors and underperform the market. Also, a company may reduce or eliminate its dividend after the Fund’s purchase of such a company’s securities.

Large Capitalization Securities Risk
The securities of large market capitalization companies may underperform other segments of the market because such companies may be less responsive to competitive challenges and opportunities and may be unable to attain high growth rates during periods of economic expansion.

Distributor: Compass Distributors, LLC

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