BATS | ETF
The fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in a portfolio of other large, broad-based or factor- or style-based (e.g., based on value, growth, or momentum) equity ETFs that the sub-adviser believes can improve the fund"s relative stock returns when compared to a traditional diversified market cap-weighted index fund.
Top 15 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| SPDW | State Street SPDR Portfolio Developed World ex-US ETF | 30.70% | ||
| GWL | SPDR S&P World ex-US ETF | Other | Other | 23.85% |
| USMV | iShares MSCI USA Min Vol Factor ETF | 13.86% | ||
| VTI | Vanguard Total Stock Market Index Fund ETF Shares | 13.59% | ||
| VTV | Vanguard Index Funds - Vanguard Value ETF | 13.09% | ||
| USMV | iShares Trust - iShares MSCI USA Min Vol Factor ETF | 12.00% | ||
| IVLU | iShares Edge MSCI Intl Value Factor ETF | 11.14% | ||
| VTI | Vanguard Index Funds - Vanguard Total Stock Market ETF | 10.90% | ||
| VWO | Vanguard International Equity Index Funds - Vanguard FTSE Emerging Markets ETF | 10.51% | ||
| VSS | Vanguard FTSE All-World ex-US Small-Cap Index Fund ETF Shares | 9.47% | ||
| VWO | Vanguard FTSE Emerging Markets Index Fund ETF Shares | 8.83% | ||
| VB | Vanguard Index Funds - Vanguard Small-Cap ETF | 8.72% | ||
| VB | Vanguard Small-Cap Index Fund ETF Shares | 8.18% | ||
| VTV | Vanguard Value Index Fund ETF Shares | 8.09% | ||
| FGXXX | First American Funds Inc. - Government Obligations Fund | 0.33% |