ETF Fund DATA

FUND NAME:

Description

TICKER:

Ticker

INCEPTION DATE:

00/00/0000

MANAGEMENT STYLE:

Active

CUSIP:

CUISP

TOTAL GROSS EXPENSE RATIO:

00.00

ASSET CLASS:

Class

EXCHANGE:

Exchange

ADVISOR:

Issuer

IPOV TICKER SYMBOL*:

Symbol

AS OF DATE:

00/00/0000

NAV ($)**

00

MARKET PRICE ($)***

00

PREMIUM / DISCOUNT (%)

00

30 DAY MEDIAN BID/ASK SPREAD****

00/00/0000

SHARES OUTSTANDING

00,000

TOTAL NET ASSETS

00

*IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.
**“Net asset value” or “NAV” is determined by adding up the value of all the assets in the fund, including assets and cash, subtracting any liabilities, and then dividing that value by the number of outstanding shares in the ETF.
***Market Price is defined as the official closing price of the ETF share.
****30-Day Median Bid/Ask Percentage Spread Calculation: Based on Rule 6c-11(c)(1)(v), to calculate the median bid-ask spread the fund, (i) identifies the ETF’s NBBO as of the end of each 10-second interval during each trading day of the last 30 calendar days; (ii) divides the difference between each such bid and offer by the midpoint of the NBBO; and (iii) identify the median of those values.

PREMIUM/DISCOUNT

NUMBER OF DAYS AT

QTD

2021

2020

PREMIUM*

00
00
00

DISCOUNT**

00
00
00

TOTAL

00
00
00

PREMIUM*

QTD

2021

2020

00
00
00

DISCOUNT*

QTD

2021

2020

00
00
00

TOTAL

QTD

2021

2020

00
00
00

*Premium – The number of trading days the ETF’s closing price exceeds its NAV.
**Discount – The number of trading days the ETF’s closing price is below its NAV.

BOYCOTTS (Worst of the Worst)

Effective August 26th, ACVF has divested its holdings and initiate a boycott of Bank of America Corp. (BAC), Lowe's Co., Inc. (LOW), American Express Co. (AXP) and Nasdaq, Inc. (NDAQ) as part of its periodic portfolio reconstitution and rebalancing. To facilitate this increase in ACVF’s activism, particularly in the financial services sector while remaining confident that it can provide predictable large-cap performance, ACVF is ending its boycott of Wells Fargo & Co. (WFC) and 3M Co. (MMM).

PORTFOLIO HOLDINGS