OVERVIEW

Inception Date

08/29/2023

Type

Active Equity ETF

CUSIP

81580H449

Primary Exchange

NYSE Arca

Ticker Benchmark Gross Expense Ratio Net Expense Ratio NAV Closing Market Price Premium/Discount Median Bid/Ask Spread Fact Sheet
USSE Russell 1000® Index 0.85% 0.65% * $29.78 $29.77 -0.03% 0.10% PDF

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. To obtain current performance as of the most recent month-end, please call (800) 392-2673. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost.

*From 8/29/23 until at least 4/30/25, the Adviser has contractually agreed to waive the investment advisory and/or administration fees and/or to reimburse other expenses (not including acquired fund fees and expenses, taxes, brokerage expenses, and extraordinary expenses), so that the ratio of expenses to average net assets as reported in the Fund’s Financial Highlights will be no more than 0.65% for such period. This agreement may not be terminated or modified by the Adviser prior to 4/30/25, without the approval of the Board of Trustees.

Please review the Fund’s prospectus for more information regarding the Fund’s fees and expenses. Market price returns are calculated using the closing price and account for distributions from the Fund. For questions regarding the Select Equity ETF, please call toll-free at (800) 836-4265.

Investment Objective

The Segall Bryant & Hamill Select Equity ETF seeks to achieve long-term capital appreciation.

Investment Philosophy

The portfolio manager believes excess returns are best achieved by investing in high quality companies selling at attractive prices. The manager seeks companies that have strong management teams, broad resources, and a competitive market position, and have historically generated, or are positioned to generate, strong return on invested capital (ROIC).

Portfolio Management

Suresh Rajagopal, CFA

Read Bio

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Performance

Performance as of 06/20/2024

Term 1 Day 1Mo 3Mo 6Mo 1Yr QTD YTD Since Inception
NAV -0.10% 0.81% 4.56% 14.73% N/A 4.42% 12.97% 19.27%
Closing Market Price -0.07% 0.81% 4.64% 14.78% N/A 4.27% 12.94% 19.23%
Russell 1000® Index -0.23% 2.60% 4.36% 16.16% N/A 3.68% 14.35% 22.42%

Quarter-End Performance as of 03/31/2024

Term 1Mo QTR 1Yr Since Inception
NAV 1.93% 8.19% N/A 14.23%
Closing Market Price 1.96% 8.31% N/A 14.35%
Russell 1000® Index 3.21% 10.30% N/A 18.08%

The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. To obtain current performance as of the most recent month-end, please call (800) 392-2673. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost.

Total annual fund operating expenses are 0.85% gross and 0.65% net. From 8/29/23 until at least 4/30/25, the Adviser has contractually agreed to waive the investment advisory and/or administration fees and/or to reimburse other expenses (not including acquired fund fees and expenses, taxes, brokerage expenses, and extraordinary expenses), so that the ratio of expenses to average net assets as reported in the Fund’s Financial Highlights will be no more than 0.65% for such period. This agreement may not be terminated or modified by the Adviser prior to 4/30/25, without the approval of the Board of Trustees.

Please review the Fund’s prospectus for more information regarding the Fund’s fees and expenses. Market price returns are calculated using the closing price and account for distributions from the Fund. For questions regarding the Select Equity ETF, please call toll-free at (800) 836-4265.

Historical Premium/Discount

Term Prior Calendar Year* Current Calendar Year Since Inception
Q1 Q2 Q3 Q4
Days at Premium 45 16 26 N/A N/A 87
Days at Discount 30 34 21 N/A N/A 85

*The Prior Calendar Year represents the period 8/29/23 – 12/31/23. The premium/discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). Market price data reflects the official closing price. The table shows the premium or discount of the mid-point price as a percentage of the NAV as well as the number of trading days the Fund traded within the given premium/discount range. This data is provided for informational purposes only and is not intended for trading purposes. Past performance does not guarantee future results.

Portfolio Holdings as of 06/20/2024

Ticker CUSIP Description Quantity Portfolio Weight
GOOG02079K107ALPHABET INC-C736047.60%
AAPL037833100APPLE INC374314.56%
ARES03990B101ARES MANAGEM- A541964.24%
AVY053611109AVERY DENNISON299413.93%
AZEK05478C105AZEK CO INC/THE1261673.43%
FICO303250104FAIR ISAAC CORP45643.75%
JPM46625H100JPMORGAN CHASE389294.49%
MRVL573874104MARVELL TECHNOLO950134.04%
MCK58155Q103MCKESSON CORP118304.15%
MSFT594918104MICROSOFT CORP368039.53%
NVO670100205NOVO-NORDISK-ADR692655.67%
PANW697435105PALO ALTO NETWOR250504.53%
PWR74762E102QUANTA SERVICES362165.76%
RGA759351604REINSURANCE GROU516586.23%
NOW81762P102SERVICENOW INC96214.10%
TJX872540109TJX COS INC721474.63%
UL904767704UNILEVER PLC-ADR1173423.83%
UNH91324P102UNITEDHEALTH GRP155434.38%
V92826C839VISA INC-CLASS A356725.74%
N/ABBHETFMMBBH SWEEP VEHICLE2763899.911.61%
STEG8473T100STERIS PLC295983.77%
RECPAYRECPAYReceivables/Payables69154.350.04%

Holdings data is provided “as of” the date indicated. Holdings are subject to change without notice. Holdings are provided for informational purposes only and should not be considered a recommendation to buy or sell the securities listed.

Materials

Contact Us

If you would like to learn more about the ETF or if you have any questions, please call us at (800) 836-4265.