CVAR

Cultivar ETF
*Unless otherwise stated, data provided by FactSet.

CVAR Fund Description

CVAR is an actively managed fund that combines top-down and bottom-up analysis to select undervalued, US-listed stocks from a broad spectrum of industries and market-caps.

CVAR Factset Analytics Insight

CVAR essentially combines a top-down and bottom-up analysis with an active management strategy to construct a portfolio of US-listed equities it believes are undervalued by other participants in the market. In selecting components for the portfolio, the fund uses a quantitative valuation assessment that utilizes a discounted cash flow model to assess each security’s estimated intrinsic value. Next, individual securities pass through a multi-layered review to determine their buy and sell target, where they are purchased if they are at a 20 to 40 percent discount to their calculated intrinsic value. Once target prices are set, they are continuously monitored to inform acquisition and divestiture processes. Top-down, macro valuation factors are also considered to adjust exposure of certain securities and sectors based on the overall macro outlook for equity markets. The fund typically selects 50 to 100 securities across a diversified range of industries.

PERFORMANCE [as of 01/21/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CVAR -- -- 1.78% -- -- -- --
CVAR (NAV) 2.07% -- 0.74% -- -- -- --
No Underlying Index -- -- -- -- -- -- --
MSCI USA IMI Value Index -1.32% -0.49% -4.02% 18.37% 13.19% 10.32% 11.95%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CVAR Summary Data

Cultivar
12/21/21
Open-Ended Fund
0.87%
$22.62M
$1.24M
0.37%
N/A

CVAR Portfolio Data

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N/A
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CVAR Index Data

No Underlying Index
Proprietary
Proprietary
MSCI USA IMI Value Index

CVAR Portfolio Management

0.87%
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CVAR Tax Exposures

20.00% / 39.60%
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Qualified dividends
No

CVAR Fund Structure

Open-Ended Fund
No
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N/A
N/A
Low
N/A

CVAR Factset Analytics Block Liquidity

As of 01/24/22
5
4
3
2
1

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

CVAR Tradability

48,221
$1.24M
1,344
$23.33K
0.37%
$0.10
0.07%
0.33% / -0.08%
None
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25,000
0.05
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0
$25.52
N/A

CVAR Top 10 Holdings[View All]

10.76%
AT&T Inc. 2.64%
Biogen Inc. 2.31%
2.11%
32.86%

CVAR Countries


CVAR
Segment Benchmark
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0.08%
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99.92%

CVAR Regions


CVAR
Segment Benchmark
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100.00%

CVAR Economic Development


CVAR
Segment Benchmark
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100.00%

CVAR Performance Statistics

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0.00%
MSCI USA IMI Value Index

CVAR Benchmark Comparison Holdings

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CVAR Benchmark Comparison Summary


CVAR
Segment Benchmark
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CVAR Benchmark Comparison Market Cap Size


CVAR
Segment Benchmark
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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.