|NAV Daily Change||$ 0.42|
|Market Price||$ 35.39|
|Market Price Daily Change||$ 0.54|
|Premium Discount||$ 0.07|
|30 Day Median Bid/Ask Spread*||0.4%|
|Name||Symbol||Net Asset %||Market Price ($)||Shares Held||Market Value|
|ISHARES CORE S&P 500 ETF||IVV||29.96 %||417.68||33,570||14,021,518|
|ISHARES CORE S&P MIDCAP E||IJH||18.56 %||270.59||32,103||8,686,751|
|ISHARES US REAL ESTATE ET||IYR||10.14 %||98.01||48,415||4,745,154|
|ISHARES CORE S&P SMALL-CA||IJR||15.88 %||109.53||67,875||7,434,349|
|ISHARES CORE MSCI EAFE ET||IEFA||14.82 %||74.73||92,812||6,935,841|
|ISHARES CORE MSCI EMERGIN||IEMG||9.64 %||65.48||68,895||4,511,245|
|US DOLLARS||1.1 %||1||514,796||514,796|
Portfolio holdings are subject to change and should not be considered investment advice.
* The median bid-ask spread is calculated by identifying the national best bid and national best offer ("NBBO") for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between ach such bid nd offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
The FormulaFolios Smart Growth ETF seeks to achieve capital growth by investing primarily in domestic and foreign growth-oriented equity securities of various market capitalizations, with the ability to hedge using US Treasuries through other unaffiliated exchange traded funds. This Fund uses a proprietary investment screen composed of numerous technical, economic, sentiment, and market breadth indicators to analyze macroeconomic conditions in order to determine the strength of broad growth and equity markets. The Fund will generally be 100% invested in growth-oriented ETFs when the investment screen indicates a bullish trend for broad growth markets, and will generally be 50% invested in growth-oriented equity ETFs and 50% invested in US Treasuries to hedge risk when the investment screen indicates a bearish trend for broad growth markets.