NYSE ARCA | ETF
The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing inU. S. equity securities that the sub-adviser believes are under-valued and under-appreciated by the market.
The sub-adviser employs a quantitative and systematic approach to long-term investing.
It is expected that the fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange ("NYSE") and the Nasdaq Market ("Nasdaq").
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| DDS | Dillard's, Inc. | Consumer Cyclical | Department Stores | 2.81% |
| HSII | Heidrick & Struggles International | Industrials | Staffing & Employment Services | 2.80% |
| PLAB | Photronics Inc | Technology | Semiconductor Equipment & Materials | 2.79% |
| MLI | Mueller Industries Inc | Industrials | Metal Fabrication | 2.76% |
| SANM | Sanmina Corporation | Technology | Electronic Components | 2.59% |
| XOM | Exxon Mobil Corp | Energy | Oil & Gas Integrated | 2.41% |
| FCX | Freeport-McMoran Copper & Gold Inc | Basic Materials | Copper | 2.38% |
| ALSN | Allison Transmission Holdings Inc | Consumer Cyclical | Auto Parts | 2.32% |
| FOXA | Fox Corp Class A | Communication Services | Entertainment | 2.27% |
| OSK | Oshkosh Corporation | Industrials | Farm & Heavy Construction Machinery | 2.25% |
| PRDO | Perdoceo Education Corp | Consumer Defensive | Education & Training Services | 2.21% |
| MATX | Matson Inc | Industrials | Marine Shipping | 2.20% |
| COKE | Coca-Cola Consolidated Inc. | Consumer Defensive | Beverages - Non-Alcoholic | 2.17% |
| CF | CF Industries Holdings Inc | Basic Materials | Agricultural Inputs | 2.16% |
| APA | APA Corporation | Energy | Oil & Gas E&P | 2.09% |
| GILD | Gilead Sciences Inc | Healthcare | Drug Manufacturers - General | 2.06% |
| CRC | California Resources Corp | Energy | Oil & Gas E&P | 2.04% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 1.98% | ||
| GPI | Group 1 Automotive Inc | Consumer Cyclical | Auto & Truck Dealerships | 1.98% |
| MO | Altria Group | Consumer Defensive | Tobacco | 1.97% |