SFGV

CCMG broadly invests in equity securities of any capitalization from around the world. The fund allocates 50-75% to US securities, 20-30% to other developed markets, and the rest to emerging markets. Allocations may change based on the perceived risk/return profile for their respective markets. For US securities, the fund begins with an investment universe of the largest 3,000 companies by market cap. Using proprietary measures, the fund screens companies for positive shareholder yield and free cash flow yield. The sub-adviser then identifies the most attractively valued companies with consideration to price momentum. The fund also targets ETFs with strong performance compared to peers with lower operating expenses and turnover, below average capital gains distributions, and demonstrated expertise and focus. The portfolio is reviewed and adjusted at least quarterly. As an actively managed ETF, the fund manager has full discretion to make any buy, hold, or sell decisions at any time.