CBSE

Changebridge Capital Sustainable Equity ETF
*Unless otherwise stated, data provided by FactSet.

CBSE Fund Description

CBSE is an actively managed, concentrated portfolio of US-listed stocks that appear fundamentally undervalued and have positive environmental, social and governance attributes as viewed by the fund adviser.

CBSE Factset Analytics Insight

CBSE’s adviser curates a narrow list of 20-40 US-listed stocks believed to be positioned for outperformance, over the next 5 to 11 years, while maintaining lower volatility than the broader US equity market. The adviser combines a proprietary quantitative model and fundamental analysis to identify companies with attractive financials. Third-party research is utilized to screen for companies with positive ESG attributes. Stocks selected from this list are those in which valuations may be out of line with similar companies or those trading at significant discounts than the broader market.

CBSE MSCI ESG Analytics Insight

Changebridge Capital Sustainable Equity ETF has an MSCI ESG Fund Rating of BBB based on a score of 6.84 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Changebridge Capital Sustainable Equity ETF ranks in the 64th percentile within its peer group and in the 73th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

CBSE MSCI FaCS and Factor Box

MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.

PERFORMANCE [as of 10/14/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CBSE -1.34% -2.61% 21.57% -- -- -- --
CBSE (NAV) 0.72% 1.66% 24.15% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI 0.37% 2.26% 19.08% 30.79% 19.64% 18.17% 16.11%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CBSE Summary Data

11/13/20
Open-Ended Fund
0.85%
$9.89M
$41.77K
0.24%

CBSE Portfolio Data

$38.89B
-77.21
3.11
--
N/A
35

CBSE Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI

CBSE Portfolio Management

0.85%
--
--
--

CBSE Tax Exposures

20.00% / 39.60%
--
Qualified dividends
No

CBSE Fund Structure

Open-Ended Fund
No
N/A
-- / --
N/A
N/A
High
Daily

CBSE Factset Analytics Block Liquidity

As of 10/15/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of CBSE. CBSE is rated a N/A out of 5.

CBSE Tradability

1,438
$41.77K
540
$15.86K
0.24%
$0.07
0.01%
0.35% / -0.23%
None
82.00%
--
--
--
--
0
$29.57
N/A

CBSE Sector/Industry Breakdown


CBSE
Segment Benchmark
20.07%
14.74%
16.67%
13.09%
14.80%
9.19%
12.99%
33.75%
9.91%
5.23%
2.95%
1.18%
2.91%
14.20%
2.11%
2.45%

CBSE Top 10 Holdings[View All]

4.62%
3.95%
40.62%

CBSE Countries


CBSE
Segment Benchmark
83.83%
99.93%
4.13%
--
3.45%
0.07%
3.21%
--
2.80%
--
2.58%
--

CBSE Regions


CBSE
Segment Benchmark
87.28%
100.00%
6.93%
--
5.79%
--

CBSE Economic Development


CBSE
Segment Benchmark
100.00%
100.00%

CBSE Performance Statistics

0.64
1.21
1.14
1.33
0.83%
MSCI USA IMI

CBSE MSCI ESG Ratings

6.84 / 10
73.04
63.74
1.78%
--
57.65

CBSE Benchmark Comparison Holdings

35
2469
23
0.69%

CBSE Benchmark Comparison Summary


CBSE
Segment Benchmark
35
2469
$38.89B
$504.44B
-77.21
31.21
3.11
4.50
0.68%
1.21%
Medium
Low

CBSE Benchmark Comparison Market Cap Size


CBSE
Segment Benchmark
20.82%
87.77%
37.31%
9.78%
25.22%
2.35%
16.65%
0.10%