TrimTabs All Cap International Free-Cash-Flow ETF (TTAI)

  • TTAM

  • Free Cash Flow Reporting

Fund Info

EXCHANGE:CBOE BZX Exchange, Inc.
TICKER:TTAI
CUSIP:89628W401
INCEPTION DATE:June 28, 2017
IOPV SYMBOL:TTAI.IV
NAV SYMBOL:TTAI.NV

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Fund Data & Pricing

NET ASSETS AS OF 08/17/2018 $10,428,615.74
SHARES OUTSTANDING 400,000
CLOSING PRICE $26.08
NAV $26.07
PREMIUM/DISCOUNT 0.04%
GROSS/NET EXPENSE RATIO 0.59%
30-DAY SEC YIELD AS OF 10/31/2020** 1.37%

Fund Investment Objective

The TrimTabs All Cap International Free-Cash-Flow ETF (TTAI) focuses on generating long­-term returns that exceed those of the S&P Developed Ex ­U.S. BMI. Through its active, “quantamental” investment process, TTAI identifies companies in non­ U.S. developed markets that are generating free cash flow, reducing their share count and maintaining strong balance sheets.

Where does TTAI fit into a portfolio?

Using a quantitative and disciplined approach, TTAI seeks to deliver alpha, or add value, beyond the popular, or major market averages. Because we target a similar level of volatility, TTAI can be used as a core equity holding.

Why invest in TTAI?

- For access to quality companies operating in non­U.S. developed international markets—including Europe, Asia, Australia, and Canada—with strong free cash flow growth, healthy balance sheets, and cash on hand to grow their businesses

- To get a bigger piece of that “higher quality pie:” companies executing share buybacks or share reduction with free cash flow can potentially deliver more value to shareholders

- To potentially outperform the broad market: as an actively managed fund, TTAI’s objective is to achieve “alpha,” that is, to outperform its broad benchmark

Investors Material

Performance
Distribution
Top Holdings

PERFORMANCE

QUARTER END PERFORMANCE

QUARTER END PERFORMANCE (As of 09/30/2020 )
  Quarter 1 Yr 2 Yr 3 Yr Annualized
Since Inception
6/27/2017 - 09/30/2020
Fund Performance        
Market Price 9.91% 8.92% 2.69% 2.78% 4.07%
NAV 10.10% 8.71% 3.28% 3.22% 4.02%
S&P Developed EX-US BMI TR 6.18% 2.49% -0.04% 0.97% 2.50%

Expense Ratio: 0.59%. The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will uctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling (toll free 800-617-0004).

Distribution

Distribution Detail

DISTRIBUTION DETAIL
EX- Date Record Date Payable Date Amount
12/28/201712/29/201701/02/2018$0.07160616
12/28/201812/31/201801/02/2019$0.20479334
12/30/201912/31/201901/02/2020 $0.51465475

Top Holdings

Top 10 Holdings

TTAI

Investing involves risk. Principal loss is possible.

Quasar Distributors, LLC

Holdings are subject to change and should not be considered a recommendation to buy or sell any security.

**The 30-Day SEC Yield is computed under an SEC standardized formula based on net income earned over the past 30 days.

The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and important information about the investment company, and it may be obtained by calling 800-617-0004. Read it carefully before investing.

There is no guarantee that TTAI will achieve its investment objective. Investing involves risk, including the possible loss of principal. Because the Fund is an ETF (rather than a mutual fund), shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemable. Owners of the shares may acquire those shares from the Fund and tender those shares for redemption to the Fund in Creation Unit aggregations only, consisting of 25,000 shares. Brokerage commissions will reduce returns. Investments in the Fund include risks associated with small-and mid-cap securities, which involve limited liquidity and greater volatility than large-cap securities. Returns on investments in foreign securities could be more volatile than investments in domestic securities (TTAC).

The S&P Developed Ex-U.S. BMI Index is a market capitalization weighted index that defines and measures the investable universe of publicly traded companies domiciled in developed countries outside the U.S. The Developed Index is float adjusted, meaning that only those shares publicly available to investors are included in the Developed Index calculation. It is not possible to invest directly in an index.

Free Cash Flow (FCF) represents the cash that a company is able to generate after accounting for capital expenditures.

Alpha is a measure of performance on a risk-adjusted basis.