NAV
As of ##/##/####MARKET PRICE
NAV
As of ##/##/####MARKET PRICE
As of ##/##/####An actively managed exchange traded fund seeking long-term capital appreciation through a concentrated growth portfolio of predominantly U.S companies having market capitalizations greater than $4 billion at time of purchase. The investment team seeks to invest in businesses possessing a superior franchise, potentially making them more immune to disruption, and possibly allowing them to generate sustainable growth, high profitability, and abundant free cash flow.
In our opinion, profitability, industry structure, and free cash flow production are more important than the rate of revenue growth as drivers of excess performance over most medium and longer-term time investment horizons.
Disruption is a permanent risk to incumbency; however, we believe overconfidence biases exist in growth stocks as the ability to predict the indisputable winner in a new industry is typically low at an early stage in a company’s life.
Growth company stock prices are often structurally overvalued for the cash flows they eventually generate, and their premiums over other stocks are often distorted by investor behavior, potentially amplifying risk.
| Investment Objective | The CastleArk Large Growth ETF (the "Fund") seeks long-term capital appreciation. |
| Inception Date | 12/6/2023 |
| Benchmark | Russell 1000 Growth Index |
| Net Assets | TBD As of TBD |
| Shares Outstanding | As of TBD |
| 30-day median bid/ask spread | TBD As of TBD |
| Number of Holdings | TBD As of TBD |
| Distribution Frequency | Annual |
| Gross Expense Ratio | 0.54% |
| Ticker | CARK |
| CUSIP | 00791R608 |
| ISIN | US00791R6080 |
| Exchange | NYSE |
As of TBD
| NAV | #.## |
| Daily Change ($) | #.## |
| Daily Change (%) | #.##% |
| Market Price | #.## |
| Daily Change ($) | #.## |
| Daily Change (%) | #.##% |
As of TBD
| 1-Month | YTD | 1-Year | 3-Year | 5-Year | 10-Year | Inception | |
|---|---|---|---|---|---|---|---|
| CastleArk NAV | - | - | - | - | - | - | - |
| CastleArk MKT | - | - | - | - | - | - | - |
| Index | - | - | - | - | - | - | - |
| 1-Month | YTD | 1-Year | 3-Year | 5-Year | 10-Year | Inception | |
|---|---|---|---|---|---|---|---|
| CastleArk NAV | - | - | - | - | - | - | - |
| CastleArk MKT | - | - | - | - | - | - | - |
| Index | - | - | - | - | - | - | - |
Performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the original cost. Returns for periods of less than one year are not annualized.
The market price returns are based on the official closing price of an ETF share or, if the official closing price isn't available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. The first trading date is typically after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.
30-Day SEC
Unsubsidized Yield
As of TBD
12 Month Distribution Rate
As of TBD
30-Day SEC Unsubsidized Yield: Represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price at the end of the 30-day period. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect.
12 Month Distribution Rate: The sum of a fund's total trailing 12-month interest and dividend payments divided by the most recent day's ending share price (NAV).
Frequency
| Total Paid | Ordinary Dividends | Reinvest Price | |
|---|---|---|---|
| Company Name | Ticker | CUSIP | Quantity | Portfolio % |
|---|
Holdings are subject to change
Sum of weightings may not equal 100% due to rounding
| Sectors | Portfolio % |
|---|---|
| Information Technology | TBD |
| Consumer Discretionary | TBD |
| Health Care | TBD |
| Communication Services | TBD |
| Financials | TBD |
| Industrials | TBD |
| Consumer Staples | TBD |
| Energy | TBD |
Sum of weightings may not equal 100% due to rounding
Check the background of SIDCO on FINRA’s BrokerCheck.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found on the Fund's full or summary prospectus, which may be obtained by visiting website castleark.com or by calling phone number 1-866-777-0504. Read the prospectus carefully before investing.
Risk Disclosure:
Investing involves risk, including possible loss of principal. There is no guarantee the Fund will achieve its stated investment objectives.
The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate.
Because the Fund is new, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy, may not employ a successful investment strategy, or may fail to attract sufficient assets under management to realize economies of scale, any of which could result in the Fund being liquidated at any time without shareholder approval and at a time that may not be favorable for all shareholders. Such liquidation could have negative tax consequences for shareholders and will cause shareholders to incur expenses of liquidation.
Investments in mid-capitalization companies typically exhibit higher volatility.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
The Fund is distributed by SEI Investments Distribution Co (SIDCO, 1 Freedom Valley Drive, Oaks, PA 19456) which is not affiliated with CastleArk Management, LLC.
