AVOS GLOBAL EQUITIES ETF

For investors who want global equity exposure that adapts, rather than simply tracking an index

Methodology

The AVOS Global Equities ETF is an actively managed investment strategy. It is designed to identify investment opportunities with attractive returns through a differentiated approach to both diversification and country level regional rotation. The AVOS approach rejects market cap weights as an optimal starting point for investors, which may give it much more regional balance than commonly used global indices. The regional rotation that comes next combines proprietary valuation assessments with views on shorter term market influences such as the macro cycle, capital flows, and fiscal and monetary policy. Implementation begins with daily, systematic updating of attractiveness scores across 40 countries, which flow to the portfolio managers for confirmation (or adjustment if there are unusual factors at play that aren’t being captured by the trading systems e.g., geopolitical factors, natural disasters)

Why Purchase AVOS Global Equities ETF?

For investors who prefer global exposure to regionally concentrated exposures, Avos Capital Management believes that market cap-weighed approaches are sub-optimal; they too often leave investors holding maximum sized positions in stocks when they are at their most expensive and minimum allocations to cheap companies after they have already fallen out of favor.

This is the opposite of what an investor would want to do if they believed that one of the most important determinants of long-term returns is how much you pay for an asset. Furthermore, the strategy underlying this ETF’s active management was designed by a team of senior investors with several decades of combined experience at the global macro hedge fund, Bridgewater Associates. Avos seek to convert what they believe is a competitive advantage across the disciplines of portfolio construction, global macro analysis, and risk management into superior long term returns for any investors wanting to allocate to global stocks.

Fund Documents

Current Nav and Market Price

Field Previous Day Close 1-Day Change ($) 1-Day Change (%)
NAV $26.9 $0.25 0.95%
Market Price $26.91 $0.27 1%
Premium / Discount 0.04%

Month-End Performance

Field Value
As of Date 2026-06-30
Fund Ticker Type YTD 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since Inception As of Date Inception Date
AVOS MKT -0.26 9.36 7.72 06/30/2026 03/05/2026
AVOS NAV -0.58 9.63 7.68 06/30/2026 03/05/2026

Quarter-End Performance

Field Value
As of Date 2026-06-30
Fund Ticker Type YTD 1 Month 3 Month 6 Month 1 Year 3 Year 5 Year 10 Year Since Inception As of Date
AVOS MKT -0.26 9.36 7.72 06/30/2026
AVOS NAV -0.58 9.63 7.68 06/30/2026

The 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 their original cost. Current performance may be lower or higher than the performance data quoted. The Fund is new and therefore does not have a performance history for a full calendar year as most recent quarter end. 

Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.

NAV return represents the closing price of the underlying securities.

Historical Premium/Discount

The Premium/Discount shows the difference between the daily market price of the Fund’s shares and the Fund’s net asset value (“NAV”). 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. 

Completed Calendar Quarters of the year

Year Quarter Days Traded at Premium Days Traded at Discount
2026 2 33 27
2026 1 17 1

Most Recent Completed Calendar Year

Days Traded at Premium Days Traded at Discount

Fund Distribution

Ex Date Record Date Payable Date Income Short Term Capital Gain Long Term Capital Gain Total Capital Gain Total Distribution

Fund Holdings

TICKER NAME CUSIP PRICE SHARES Market Value ($mm) % OF NET ASSETS EFFECTIVE_DATE
ADBE Adobe Inc 00724F101 227.16 1,588 0.36 0.34 07/22/2026
ALL Allstate Corp/The 020002101 251.74 1,339 0.34 0.31 07/22/2026
GOOGL Alphabet Inc 02079K305 347.15 12,107 4.20 3.91 07/22/2026
AMZN Amazon.com Inc 023135106 247.55 10,412 2.58 2.40 07/22/2026
BATS LN British American Tobacco PLC 46.05 2,237 0.14 0.13 07/22/2026
COR Cencora Inc 03073E105 303.07 1,372 0.42 0.39 07/22/2026
AAPL Apple Inc 037833100 327.74 18,425 6.04 5.62 07/22/2026
STAN LN Standard Chartered PLC 21.07 2,743 0.08 0.07 07/22/2026
HSBA LN HSBC Holdings PLC 15.09 17,899 0.36 0.34 07/22/2026
BBVA Banco Bilbao Vizcaya Argentaria SA 05946K101 25.66 3,478 0.09 0.08 07/22/2026
BNY Bank of New York Mellon Corp/The 064058100 158.89 2,729 0.43 0.40 07/22/2026
B Barrick Mining Corp 06849F108 36.37 28,432 1.03 0.96 07/22/2026
PRU LN Prudential PLC 10.68 11,190 0.16 0.15 07/22/2026
RIO LN Rio Tinto PLC 67.73 1,350 0.12 0.11 07/22/2026
BRK/B Berkshire Hathaway Inc 084670702 489.65 4,953 2.43 2.26 07/22/2026
AZN LN AstraZeneca PLC 124.92 1,840 0.31 0.29 07/22/2026
BR Broadridge Financial Solutions Inc 11133T103 145.01 1,472 0.21 0.20 07/22/2026
BRO Brown & Brown Inc 115236101 66.64 3,674 0.24 0.23 07/22/2026
CDW CDW Corp/DE 12514G108 129.72 1,565 0.20 0.19 07/22/2026
CME CME Group Inc 12572Q105 237.38 1,846 0.44 0.41 07/22/2026
CVS CVS Health Corp 126650100 110.60 5,241 0.58 0.54 07/22/2026
CCJ Cameco Corp 13321L108 88.68 10,215 0.91 0.84 07/22/2026
CAT Caterpillar Inc 149123101 889.97 1,903 1.69 1.58 07/22/2026
CHTR Charter Communications Inc 16119P108 127.79 1,549 0.20 0.18 07/22/2026
CTSH Cognizant Technology Solutions Corp 192446102 43.63 5,440 0.24 0.22 07/22/2026
CMCSA Comcast Corp 20030N101 23.81 11,195 0.27 0.25 07/22/2026
DASH DoorDash Inc 25809K105 188.04 1,396 0.26 0.24 07/22/2026
DOV Dover Corp 260003108 211.42 1,387 0.29 0.27 07/22/2026
E Eni SpA 26874R108 50.19 1,169 0.06 0.05 07/22/2026
EBAY eBay Inc 278642103 113.05 2,080 0.24 0.22 07/22/2026
EA Electronic Arts Inc 285512109 209.04 1,216 0.25 0.24 07/22/2026
EXPE Expedia Group Inc 30212P303 264.94 843 0.22 0.21 07/22/2026
EXPD Expeditors International of Washington Inc 302130109 178.58 1,665 0.30 0.28 07/22/2026
XOM ExxonMobil Holdings Corp 30233Q108 151.71 9,593 1.46 1.36 07/22/2026
FIS Fidelity National Information Services Inc 31620M106 41.58 5,569 0.23 0.22 07/22/2026
FGXXX First American Government Obligations Fund 12/01/2031 31846V336 100.00 229,587 0.23 0.21 07/22/2026
FOXA Fox Corp 35137L105 57.57 4,175 0.24 0.22 07/22/2026
OR FP L'Oreal SA 378.75 481 0.21 0.19 07/22/2026
MC FP LVMH Moet Hennessy Louis Vuitton SE 478.55 297 0.16 0.15 07/22/2026
IBN ICICI Bank Ltd 45104G104 30.05 2,196 0.07 0.06 07/22/2026
HNR1 GR Hannover Rueck SE 247.00 325 0.09 0.09 07/22/2026
INTU Intuit Inc 461202103 289.92 1,256 0.36 0.34 07/22/2026
DHL GR DHL Group 57.12 2,836 0.18 0.17 07/22/2026
EWO ISHARES INC MSCI AUSTRIA INV 464286202 42.50 1,768 0.08 0.07 07/22/2026
EWZ iShares MSCI Brazil ETF 464286400 35.62 57,265 2.04 1.90 07/22/2026
THD iShares MSCI Thailand ETF 464286624 73.53 1,841 0.14 0.13 07/22/2026
EIS iShares MSCI Israel ETF 464286632 120.69 892 0.11 0.10 07/22/2026
ECH iShares MSCI Chile ETF 464286640 39.43 5,123 0.20 0.19 07/22/2026
TUR iShares MSCI Turkey ETF 464286715 39.51 3,265 0.13 0.12 07/22/2026
EWD ISHARES INC MSCI SWEDEN 464286756 50.09 10,604 0.53 0.49 07/22/2026
EWP ISHARES INC MSCI SPAIN 464286764 59.46 9,787 0.58 0.54 07/22/2026
EZA ISHARES INC MSCI SOUTH AFRICA 464286780 62.28 8,408 0.52 0.49 07/22/2026
EWN ISHARES INC MSCI NETHERLANDS 464286814 67.99 1,560 0.11 0.10 07/22/2026
EWW iShares MSCI Mexico ETF 464286822 75.84 1,141 0.09 0.08 07/22/2026
EWH ISHARES INC MSCI HONG KONG 464286871 22.30 14,627 0.33 0.30 07/22/2026
EPOL iShares MSCI Poland ETF 46429B606 41.32 2,486 0.10 0.10 07/22/2026
MCHI iShares MSCI China ETF 46429B671 54.00 4,210 0.23 0.21 07/22/2026
IEMG iShares Core MSCI Emerging Markets ETF 46434G103 79.30 61,519 4.88 4.54 07/22/2026
EWS iShares MSCI Singapore ETF 46434G780 31.61 8,658 0.27 0.25 07/22/2026
EWM iShares MSCI Malaysia ETF 46434G814 27.94 6,045 0.17 0.16 07/22/2026
EWI iShares MSCI Italy ETF 46434G830 60.52 4,336 0.26 0.24 07/22/2026
KSA iShares MSCI Saudi Arabia ETF 46434V423 36.86 26,525 0.98 0.91 07/22/2026
BBJP JPMorgan BetaBuilders Japan ETF 46641Q217 74.87 20,908 1.57 1.46 07/22/2026
MRK GR Merck KGaA 134.25 964 0.15 0.14 07/22/2026
JNJ Johnson & Johnson 478160104 250.61 8,198 2.05 1.91 07/22/2026
SU FP Schneider Electric SE 268.80 554 0.17 0.16 07/22/2026
SAP GR SAP SE 136.42 1,846 0.29 0.27 07/22/2026
EOAN GR E.ON SE 19.27 6,278 0.14 0.13 07/22/2026
LHX L3Harris Technologies Inc 502431109 277.71 1,559 0.43 0.40 07/22/2026
BAYN GR Bayer AG 47.62 2,235 0.12 0.11 07/22/2026
BAS GR BASF SE 48.25 2,364 0.13 0.12 07/22/2026
LRCX Lam Research Corp 512807306 322.00 2,038 0.66 0.61 07/22/2026
ALV GR Allianz SE 422.80 713 0.34 0.32 07/22/2026
MBG GR Mercedes-Benz Group AG 44.91 2,102 0.11 0.10 07/22/2026
NEM GR Nemetschek SE 54.60 1,086 0.07 0.06 07/22/2026
MAR Marriott International Inc/MD 571903202 367.81 1,069 0.39 0.37 07/22/2026
SIE GR Siemens AG 270.45 1,550 0.48 0.45 07/22/2026
DBK GR Deutsche Bank AG 31.07 4,969 0.18 0.16 07/22/2026
DTE GR Deutsche Telekom AG 26.68 6,088 0.19 0.17 07/22/2026
MELI MercadoLibre Inc 58733R102 1,822.65 34 0.06 0.06 07/22/2026
MSFT Microsoft Corp 594918104 397.75 2,979 1.18 1.10 07/22/2026
MRNA Moderna Inc 60770K107 59.66 4,317 0.26 0.24 07/22/2026
FMG AU Fortescue Ltd 18.52 6,517 0.08 0.08 07/22/2026
BHP AU BHP Group Ltd 58.29 7,910 0.32 0.30 07/22/2026
CPU AU Computershare Ltd 39.72 2,479 0.07 0.06 07/22/2026
CSL AU CSL Ltd 121.38 918 0.08 0.07 07/22/2026
4519 JP Chugai Pharmaceutical Co Ltd 7,397.00 1,356 0.06 0.06 07/22/2026
REA AU REA Group Ltd 164.07 559 0.06 0.06 07/22/2026
CBA AU Commonwealth Bank of Australia 170.49 3,414 0.41 0.38 07/22/2026
ALL AU Aristocrat Leisure Ltd 62.55 1,299 0.06 0.05 07/22/2026
8306 JP Mitsubishi UFJ Financial Group Inc 3,580.00 8,567 0.19 0.17 07/22/2026
NFLX Netflix Inc 64110L106 68.67 6,694 0.46 0.43 07/22/2026
6501 JP Hitachi Ltd 4,792.00 4,596 0.13 0.13 07/22/2026
NWS News Corp 65249B208 31.21 7,120 0.22 0.21 07/22/2026
NEE NextEra Energy Inc 65339F101 87.93 12,782 1.12 1.05 07/22/2026
NMR Nomura Holdings Inc 65535H208 9.81 7,250 0.07 0.07 07/22/2026
SUN AU Suncorp Group Ltd 19.23 4,855 0.07 0.06 07/22/2026
8411 JP Mizuho Financial Group Inc 8,302.00 1,772 0.09 0.08 07/22/2026
8058 JP Mitsubishi Corp 4,664.00 2,785 0.08 0.07 07/22/2026
6503 JP Mitsubishi Electric Corp 5,591.00 1,997 0.07 0.06 07/22/2026
8031 JP Mitsui & Co Ltd 4,824.00 2,379 0.07 0.07 07/22/2026
NAB AU National Australia Bank Ltd 39.30 7,004 0.19 0.18 07/22/2026
NVO Novo Nordisk A/S 670100205 49.38 1,346 0.07 0.06 07/22/2026
NST AU Northern Star Resources Ltd 19.66 8,521 0.12 0.11 07/22/2026
9984 JP SoftBank Group Corp 5,751.00 2,211 0.08 0.07 07/22/2026
4063 JP Shin-Etsu Chemical Co Ltd 7,205.00 1,901 0.08 0.08 07/22/2026
ORCL Oracle Corp 68389X105 127.05 3,155 0.40 0.37 07/22/2026
8035 JT Tokyo Electron Ltd 66,570.00 251 0.10 0.10 07/22/2026
7203 JP Toyota Motor Corp 2,944.50 11,487 0.21 0.19 07/22/2026
PTC PTC Inc 69370C100 120.77 1,785 0.22 0.20 07/22/2026
WES AU Wesfarmers Ltd 91.84 2,070 0.13 0.12 07/22/2026
WOW AU Woolworths Group Ltd 39.48 2,704 0.07 0.07 07/22/2026
PH Parker-Hannifin Corp 701094104 959.58 712 0.68 0.64 07/22/2026
CS FP AXA SA 44.79 1,960 0.10 0.09 07/22/2026
NOVN SW Novartis AG 125.54 961 0.15 0.14 07/22/2026
ABBN SW ABB Ltd 80.88 1,291 0.13 0.12 07/22/2026
HOLN SW Holcim AG 74.40 711 0.07 0.06 07/22/2026
BNP FP BNP Paribas SA 105.16 1,124 0.13 0.13 07/22/2026
SGO FP Cie de Saint-Gobain SA 73.96 608 0.05 0.05 07/22/2026
RRC Range Resources Corp 75281A109 37.75 29,259 1.10 1.03 07/22/2026
O Realty Income Corp 756109104 64.99 5,190 0.34 0.31 07/22/2026
RMD ResMed Inc 761152107 195.80 1,402 0.27 0.26 07/22/2026
SLB SLB Ltd 806857108 46.59 22,428 1.04 0.97 07/22/2026
SE Sea Ltd 81141R100 106.26 977 0.10 0.10 07/22/2026
SCCO Southern Copper Corp 84265V105 188.01 0 0.00 0.00 07/22/2026
SYK Stryker Corp 863667101 314.58 1,778 0.56 0.52 07/22/2026
SMFG Sumitomo Mitsui Financial Group Inc 86562M209 25.92 4,052 0.11 0.10 07/22/2026
TGT Target Corp 87612E106 138.48 2,365 0.33 0.30 07/22/2026
TER Teradyne Inc 880770102 374.04 763 0.29 0.27 07/22/2026
UNH UnitedHealth Group Inc 91324P102 436.35 3,193 1.39 1.30 07/22/2026
VEA VANGUARD FTSE DEVELOPED ETF 921943858 70.47 276,049 19.45 18.12 07/22/2026
VWO Vanguard FTSE Emerging Markets ETF 922042858 58.86 280,292 16.50 15.36 07/22/2026
VICI VICI Properties Inc 925652109 26.58 9,655 0.26 0.24 07/22/2026
V Visa Inc 92826C839 355.82 4,733 1.68 1.57 07/22/2026
WMT Walmart Inc 931142103 110.39 17,635 1.95 1.81 07/22/2026
WMB Williams Cos Inc/The 969457100 73.36 4,818 0.35 0.33 07/22/2026
GMG AU Goodman Group 29.55 5,273 0.11 0.10 07/22/2026
SAF FP Safran SA 322.90 382 0.14 0.13 07/22/2026
MTX GR MTU Aero Engines AG 336.00 200 0.08 0.07 07/22/2026
ENGI FP Engie SA 27.03 2,081 0.06 0.06 07/22/2026
TTE FP TOTAL SE 72.81 2,311 0.19 0.18 07/22/2026
EXPN LN Experian PLC 27.00 4,518 0.16 0.15 07/22/2026
DG FP Vinci SA 118.45 572 0.08 0.07 07/22/2026
BN FP Danone SA 71.46 670 0.05 0.05 07/22/2026
AI FP AIR LIQUIDE SA 176.52 459 0.09 0.09 07/22/2026
MQG AU Macquarie Group Ltd 254.75 945 0.17 0.16 07/22/2026
REL LN RELX PLC 24.54 2,389 0.08 0.07 07/22/2026
FRES LN Fresnillo PLC 25.66 1,722 0.06 0.06 07/22/2026
SREN SW Swiss Re AG 131.55 409 0.07 0.06 07/22/2026
RR/ LN Rolls-Royce Holdings PLC 13.73 10,727 0.20 0.18 07/22/2026
CCH LN Coca-Cola HBC AG 49.14 1,529 0.10 0.09 07/22/2026
VNA GR VONOVIA SE 20.77 2,641 0.06 0.06 07/22/2026
CFR SW Cie Financiere Richemont SA 197.60 510 0.12 0.12 07/22/2026
CPG LN Compass Group PLC 31.07 3,644 0.11 0.11 07/22/2026
NG/ LN National Grid PLC 12.24 4,517 0.07 0.07 07/22/2026
SDZ SW Sandoz Group AG 66.54 743 0.06 0.06 07/22/2026
WDS AU Woodside Energy Group Ltd 31.25 5,063 0.11 0.10 07/22/2026
HAG GR Hensoldt AG 76.18 737 0.06 0.06 07/22/2026
SHEL LN Shell PLC 32.54 7,738 0.34 0.31 07/22/2026
BAM CN Brookfield Asset Management Ltd 65.69 955 0.04 0.04 07/22/2026
6098 JT Recruit Holdings Co Ltd 12,920.00 1,287 0.10 0.09 07/22/2026
GALD SW Galderma Group AG 175.00 412 0.09 0.08 07/22/2026
UBSG SW UBS Group AG 42.59 4,661 0.24 0.23 07/22/2026
MPL AU Medibank Pvt Ltd 5.14 15,461 0.06 0.05 07/22/2026
AAL LN Anglo American PLC 34.78 1,092 0.05 0.05 07/22/2026
ROP SW Roche Holding AG 333.80 358 0.15 0.14 07/22/2026
S32 AU South32 Ltd 4.35 15,745 0.05 0.04 07/22/2026
COL AU Coles Group Ltd 23.30 3,207 0.05 0.05 07/22/2026
CHF SWISS FRANC 1.00 -1,705 0.00 0.00 07/22/2026
Cash&Other Cash & Other 1.00 2,471 0.00 0.00 07/22/2026
ACGL Arch Capital Group Ltd G0450A105 100.55 796 0.08 0.07 07/22/2026
ACN Accenture PLC G1151C101 140.86 1,521 0.21 0.20 07/22/2026
LIN Linde PLC G54950103 505.03 1,385 0.70 0.65 07/22/2026
MDT Medtronic PLC G5960L103 82.35 1,181 0.10 0.09 07/22/2026
SPOT Spotify Technology SA L8681T102 493.23 182 0.09 0.08 07/22/2026
ASML ASML Holding NV N07059210 1,801.51 230 0.41 0.39 07/22/2026
RACE FERRARI NV N3167Y103 369.97 269 0.10 0.09 07/22/2026
NXPI NXP Semiconductors NV N6596X109 273.15 809 0.22 0.21 07/22/2026

Fund holdings are subject to change and are not recommendations to buy or sell any security.