USDY
chart-icon-white Pacific Global US Equity Income ETF

PACIFIC GLOBAL
US EQUITY INCOME ETF

TICKER: USDY
OVERVIEW

Fund Information
The Pacific Global US Equity Income ETF seeks to provide income and long-term capital growth from U.S. large-cap equities. The factor-based investment approach for USDY uses a systematic, factor methodology to target large-cap stocks designed to deliver attractive dividend yields, low volatility and capital appreciation.

Benchmark
Russell 1000 Value
Inception Date
2/12/19
Management Style
Active
CUSIP
69434K106
Total Expense Ratio
0.29%
Asset Class
Equity
Exchange
NYSE Arca
Advisor
Pacific Global Advisors LLC
Sub-Advisor
Cadence Capital Management
Benchmark
Russell 1000 Value
CUSIP
69434K106
Exchange
NYSE Arca
Inception Date
2/12/19
Total Expense Ratio
0.29%
Advisor
Pacific Global Advisors LLC
Management Style
Active
Asset Class
Equity
Sub-Advisor
Cadence Capital Management
TICKER: USDY
PERFORMANCE

Price and Yield (as of 01/24/2020)

NAV
$27.95
Market Closing Price
$27.97
30 Day SEC Yield (as of 12/31/2019)
3.16%
Premium/Discount
0.09%

Month-End Returns (as of 12/31/2019)

Cumulative Returns (%)
Annualized Returns (%)
Fund
YTD
1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Inception
2/12/19
USDY NAV
2.84
8.29
10.92
18.05
USDY MKT
2.87
8.35
10.87
18.07

Quarter-End Returns (as of 12/31/2019)

Cumulative Returns (%)
Annualized Returns (%)
Fund
YTD
1 Month
3 Month
6 Month
1 Year
3 Year
5 Year
Inception
2/12/19
USDY NAV
2.84
8.29
10.92
18.05
USDY MKT
2.87
8.35
10.87
18.07
Disclaimer
Past performance does not guarantee future results and current performance may be lower or higher than the past performance data quoted. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. Returns less than one year are not annualized.

Unlike mutual funds, ETF shares are bought and sold at market price, which may be higher or lower than their net asset value (NAV), and are not individually redeemed from the Fund.

You may incur brokerage commissions when buying and selling shares on an exchange or through your financial intermediary, which may reduce returns. Market returns are based upon the closing price or the midpoint of the bid/ask spread, as applicable, at the time when the Fund’s NAV is determined (normally 4:00 p.m. Eastern time), and do not represent the returns you would receive if you traded shares at other times. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. While the shares of ETFs are tradable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress.

30 Day SEC Yield is an annualization of the Fund’s total net investment income per share for the 30-day period.
TICKER: USDY
HOLDINGS
TOP 10 HOLDINGS (AS OF 01/27/2020)
Security Name
Shares
Weightings
INTEL CORP
6,400
1.43%
BRISTOL MYERS SQUIBB CO
6,702
1.40%
MCDONALDS CORP
1,962
1.35%
TEXAS INSTRS INC
3,163
1.34%
COCA COLA CO
7,073
1.33%
JOHNSON & JOHNSON
2,746
1.32%
CISCO SYS INC
8,282
1.32%
PEPSICO INC
2,813
1.31%
HOME DEPOT INC
1,723
1.30%
3M CO
2,211
1.28%
Security Name
Shares
Weightings
INTEL CORP
6,400
1.43%
BRISTOL MYERS SQUIBB CO
6,702
1.40%
MCDONALDS CORP
1,962
1.35%
TEXAS INSTRS INC
3,163
1.34%
COCA COLA CO
7,073
1.33%
JOHNSON & JOHNSON
2,746
1.32%
CISCO SYS INC
8,282
1.32%
PEPSICO INC
2,813
1.31%
HOME DEPOT INC
1,723
1.30%
3M CO
2,211
1.28%
DateAccountStockTickerCUSIPSecurityNameSharesPriceMarketValueWeightingsNetAssetsSharesOutstandingCreationUnitsMoneyMarketFlag
01/27/2020USDYINTC458140100INTEL CORP6,40068.470000438208.001.43%30740930.00110000022
01/27/2020USDYBMY110122108BRISTOL MYERS SQUIBB CO6,70264.160000430000.321.40%30740930.00110000022
01/27/2020USDYMCD580135101MCDONALDS CORP1,962211.240000414452.881.35%30740930.00110000022
01/27/2020USDYTXN882508104TEXAS INSTRS INC3,163130.520000412834.761.34%30740930.00110000022
01/27/2020USDYKO191216100COCA COLA CO7,07357.680000407970.641.33%30740930.00110000022
01/27/2020USDYJNJ478160104JOHNSON & JOHNSON2,746148.320000407286.721.32%30740930.00110000022
01/27/2020USDYCSCO17275R102CISCO SYS INC8,28248.850000404575.701.32%30740930.00110000022
01/27/2020USDYPEP713448108PEPSICO INC2,813142.915000402019.901.31%30740930.00110000022
01/27/2020USDYHD437076102HOME DEPOT INC1,723232.000000399736.001.30%30740930.00110000022
01/27/2020USDYMMM88579Y1013M CO2,211178.150000393889.651.28%30740930.00110000022
01/27/2020USDYPM718172109PHILIP MORRIS INTL INC4,57086.150000393705.501.28%30740930.00110000022
01/27/2020USDYDAL247361702DELTA AIR LINES INC DEL6,68058.810000392850.801.28%30740930.00110000022
01/27/2020USDYPG742718109PROCTER & GAMBLE CO3,124125.140000390937.361.27%30740930.00110000022
01/27/2020USDYC172967424CITIGROUP INC4,97478.420000390061.081.27%30740930.00110000022
01/27/2020USDYIBM459200101INTERNATIONAL BUSINESS MACHS COM2,768140.560000389070.081.27%30740930.00110000022
01/27/2020USDYT00206R102AT&T INC10,10238.500000388927.001.27%30740930.00110000022
01/27/2020USDYUNP907818108UNION PACIFIC CORP2,092185.680000388442.561.26%30740930.00110000022
01/27/2020USDYPFE717081103PFIZER INC9,73139.820000387488.421.26%30740930.00110000022
01/27/2020USDYMO02209S103ALTRIA GROUP INC7,64150.250000383960.251.25%30740930.00110000022
01/27/2020USDYVZ92343V104VERIZON COMMUNICATIONS INC6,33960.280000382114.921.24%30740930.00110000022
01/27/2020USDYAVGO11135F101BROADCOM INC1,178324.000000381672.001.24%30740930.00110000022
01/27/2020USDYJPM46625H100JPMORGAN CHASE & CO.2,863133.150000381208.451.24%30740930.00110000022
01/27/2020USDYMRK58933Y105MERCK & CO INC4,39285.980000377624.161.23%30740930.00110000022
01/27/2020USDYBAC060505104BANK AMER CORP11,24633.540000377190.841.23%30740930.00110000022
01/27/2020USDYUPS911312106UNITED PARCEL SERVICE INC3,129116.660000365029.141.19%30740930.00110000022
01/27/2020USDYXOM30231G102EXXON MOBIL CORP5,46266.320000362239.841.18%30740930.00110000022
01/27/2020USDYAMGN031162100AMGEN INC1,605225.590000362071.951.18%30740930.00110000022
01/27/2020USDYPRU744320102PRUDENTIAL FINL INC3,84293.520000359303.841.17%30740930.00110000022
01/27/2020USDYQCOM747525103QUALCOMM INC4,00189.650000358689.651.17%30740930.00110000022
01/27/2020USDYABBV00287Y109ABBVIE INC4,28983.540000358303.061.17%30740930.00110000022
01/27/2020USDYCVX166764100CHEVRON CORP NEW3,180111.850000355683.001.16%30740930.00110000022
01/27/2020USDYLLY532457108LILLY ELI & CO2,532139.070000352125.241.15%30740930.00110000022
01/27/2020USDYGILD375558103GILEAD SCIENCES INC5,27163.150000332863.651.08%30740930.00110000022
01/27/2020USDYBGG16962105BUNGE LIMITED6,12654.320000332764.321.08%30740930.00110000022
01/27/2020USDYWFC949746101WELLS FARGO CO NEW6,94347.570000330278.511.07%30740930.00110000022
01/27/2020USDYBA097023105BOEING CO1,009323.050000325957.451.06%30740930.00110000022
01/27/2020USDYHOG412822108HARLEY DAVIDSON INC9,13735.230000321896.511.05%30740930.00110000022
01/27/2020USDYBK064058100BANK NEW YORK MELLON CORP6,84045.950000314298.001.02%30740930.00110000022
01/27/2020USDYSLB806857108SCHLUMBERGER LTD8,68335.770000310590.911.01%30740930.00110000022
01/27/2020USDYLMT539830109LOCKHEED MARTIN CORP704432.500000304480.000.99%30740930.00110000022
01/27/2020USDYCVS126650100CVS HEALTH CORP3,85271.430000275148.360.90%30740930.00110000022
01/27/2020USDYTFC89832Q109TRUIST FINANCIAL CORP4,44855.480000246775.040.80%30740930.00110000022
01/27/2020USDYMDLZ609207105MONDELEZ INTL INC4,47255.090000246362.480.80%30740930.00110000022
01/27/2020USDYUSB902973304US BANCORP DEL4,54053.840000244433.600.80%30740930.00110000022
01/27/2020USDYPNC693475105PNC FINL SVCS GROUP INC1,591150.380000239254.580.78%30740930.00110000022
01/27/2020USDYCAT149123101CATERPILLAR INC DEL1,695140.380000237944.100.77%30740930.00110000022
01/27/2020USDYIPG460690100INTERPUBLIC GROUP COS INC10,13623.410000237283.760.77%30740930.00110000022
01/27/2020USDYGS38141G104GOLDMAN SACHS GROUP INC965241.920000233452.800.76%30740930.00110000022
01/27/2020USDYCL194162103COLGATE PALMOLIVE CO3,29870.300000231849.400.75%30740930.00110000022
01/27/2020USDYADP053015103AUTOMATIC DATA PROCESSING INC COM1,283177.210000227360.430.74%30740930.00110000022
01/27/2020USDYMS617446448MORGAN STANLEY4,03854.550000220272.900.72%30740930.00110000022
01/27/2020USDYIP460146103INTL PAPER CO4,97943.530000216735.870.71%30740930.00110000022
01/27/2020USDYCOP20825C104CONOCOPHILLIPS3,44662.620000215788.520.70%30740930.00110000022
01/27/2020USDYOXY674599105OCCIDENTAL PETE CORP4,75342.220000200671.660.65%30740930.00110000022
01/27/2020USDYBLK09247X101BLACKROCK INC353536.840000189504.520.62%30740930.00110000022
01/27/2020USDYITW452308109ILLINOIS TOOL WKS INC1,062176.300000187230.600.61%30740930.00110000022
01/27/2020USDYTRV89417E109TRAVELERS COMPANIES INC1,221134.780000164566.380.54%30740930.00110000022
01/27/2020USDYF345370860FORD MTR CO DEL18,0249.000000162216.000.53%30740930.00110000022
01/27/2020USDYAIG026874784AMERICAN INTL GROUP INC3,16951.060000161809.140.53%30740930.00110000022
01/27/2020USDYKMB494368103KIMBERLY CLARK CORP1,113143.420000159626.460.52%30740930.00110000022
01/27/2020USDYCMA200340107COMERICA INC2,39564.730000155028.350.50%30740930.00110000022
01/27/2020USDYCash&OtherCash&OtherCash & Other152,7141.000000152713.860.50%30740930.00110000022Y
01/27/2020USDYPSX718546104PHILLIPS 661,496100.320000150078.720.49%30740930.00110000022
01/27/2020USDYGIS370334104GENERAL MLS INC2,79053.710000149850.900.49%30740930.00110000022
01/27/2020USDYGD369550108GENERAL DYNAMICS CORP806185.070000149166.420.49%30740930.00110000022
01/27/2020USDYTGT87612E106TARGET CORP1,278114.320000146100.960.48%30740930.00110000022
01/27/2020USDYMPC56585A102MARATHON PETE CORP2,59854.490000141565.020.46%30740930.00110000022
01/27/2020USDYWBA931427108WALGREENS BOOTS ALLIANCE INC COM2,62452.040000136552.960.44%30740930.00110000022
01/27/2020USDYNEE65339F101NEXTERA ENERGY INC502263.720000132387.440.43%30740930.00110000022
01/27/2020USDYEMR291011104EMERSON ELEC CO1,72076.700000131924.000.43%30740930.00110000022
01/27/2020USDYKMI49456B101KINDER MORGAN INC DEL6,05721.560000130588.920.42%30740930.00110000022
01/27/2020USDYMET59156R108METLIFE INC2,48151.270000127200.870.41%30740930.00110000022
01/27/2020USDYETNG29183103EATON CORP PLC1,29096.840000124923.600.41%30740930.00110000022
01/27/2020USDYGM37045V100GENERAL MTRS CO3,51234.310000120496.720.39%30740930.00110000022
01/27/2020USDYWRK96145D105WESTROCK CO2,93740.940000120240.780.39%30740930.00110000022
01/27/2020USDYNWL651229106NEWELL BRANDS INC5,95219.890000118385.280.39%30740930.00110000022
01/27/2020USDYLNC534187109LINCOLN NATL CORP IND2,09256.550000118302.600.38%30740930.00110000022
01/27/2020USDYVLO91913Y100VALERO ENERGY CORP NEW1,31789.260000117555.420.38%30740930.00110000022
01/27/2020USDYCCL143658300CARNIVAL CORP2,45747.520000116756.640.38%30740930.00110000022
01/27/2020USDYGLW219350105CORNING INC3,94129.360000115707.760.38%30740930.00110000022
01/27/2020USDYPFG74251V102PRINCIPAL FINL GROUP INC1,99554.360000108448.200.35%30740930.00110000022
01/27/2020USDYHPQ40434L105HP INC4,91721.980000108075.660.35%30740930.00110000022
01/27/2020USDYJCIG51502105JOHNSON CTLS INTL PLC2,51541.350000103995.250.34%30740930.00110000022
01/27/2020USDYSYY871829107SYSCO CORP1,24882.630000103122.240.34%30740930.00110000022
01/27/2020USDYDOW260557103DOW INC2,10948.490000102265.410.33%30740930.00110000022
01/27/2020USDYSTT857477103STATE STR CORP1,25778.34000098473.380.32%30740930.00110000022
01/27/2020USDYUNM91529Y106UNUM GROUP3,44228.10000096720.200.31%30740930.00110000022
01/27/2020USDYDUK26441C204DUKE ENERGY CORP NEW1,00496.28000096665.120.31%30740930.00110000022
01/27/2020USDYKHC500754106KRAFT HEINZ CO3,13430.41000095304.940.31%30740930.00110000022
01/27/2020USDYOKE682680103ONEOK INC NEW1,25774.84000094073.880.31%30740930.00110000022
01/27/2020USDYCMI231021106CUMMINS INC539169.15000091171.850.30%30740930.00110000022
01/27/2020USDYTROW74144T108PRICE T ROWE GROUP INC685131.18000089858.300.29%30740930.00110000022
01/27/2020USDYDFS254709108DISCOVER FINL SVCS1,17076.29000089259.300.29%30740930.00110000022
01/27/2020USDYD25746U109DOMINION ENERGY INC1,02884.00000086352.000.28%30740930.00110000022
01/27/2020USDYWMB969457100WILLIAMS COS INC DEL3,77222.19000083700.680.27%30740930.00110000022
01/27/2020USDYVFC918204108V F CORP96984.53000081909.570.27%30740930.00110000022
01/27/2020USDYEMN277432100EASTMAN CHEMICAL CO1,10573.17000080852.850.26%30740930.00110000022
01/27/2020USDYSO842587107SOUTHERN CO1,15269.44000079994.880.26%30740930.00110000022
01/27/2020USDYPAYX704326107PAYCHEX INC89488.91000079485.540.26%30740930.00110000022
01/27/2020USDYCCI22822V101CROWN CASTLE INTL CORP NEW530149.90000079447.000.26%30740930.00110000022
01/27/2020USDYAMP03076C106AMERIPRISE FINL INC462167.57000077417.340.25%30740930.00110000022
01/27/2020USDYADM039483102ARCHER DANIELS MIDLAND CO1,74044.30000077082.000.25%30740930.00110000022
01/27/2020USDYKLAC482480100KLA CORP425179.40000076245.000.25%30740930.00110000022
01/27/2020USDYMTB55261F104M & T BK CORP436171.49000074769.640.24%30740930.00110000022
01/27/2020USDYKR501044101KROGER CO2,62128.19000073885.990.24%30740930.00110000022
01/27/2020USDYMXIM57772K101MAXIM INTEGRATED PRODS INC1,17762.56000073633.120.24%30740930.00110000022
01/27/2020USDYLYBN53745100LYONDELLBASELL INDUSTRIES N V SHS - A -85784.95000072802.150.24%30740930.00110000022
01/27/2020USDYROK773903109ROCKWELL AUTOMATION INC363199.72000072498.360.24%30740930.00110000022
01/27/2020USDYSYF87165B103SYNCHRONY FINL2,15732.63000070382.910.23%30740930.00110000022
01/27/2020USDYCLX189054109CLOROX CO DEL443158.28000070118.040.23%30740930.00110000022
01/27/2020USDYNTRS665859104NORTHERN TR CORP676101.62000068695.120.22%30740930.00110000022
01/27/2020USDYHSY427866108HERSHEY CO443154.68000068523.240.22%30740930.00110000022
01/27/2020USDYHAL406216101HALLIBURTON CO2,96323.10000068445.300.22%30740930.00110000022
01/27/2020USDYRCLV7780T103ROYAL CARIBBEAN CRUISES LTD539126.51000068188.890.22%30740930.00110000022
01/27/2020USDYLVS517834107LAS VEGAS SANDS CORP98967.85000067103.650.22%30740930.00110000022
01/27/2020USDYSPG828806109SIMON PPTY GROUP INC NEW463144.82000067051.660.22%30740930.00110000022
01/27/2020USDYMTN91879Q109VAIL RESORTS INC274243.88000066823.120.22%30740930.00110000022
01/27/2020USDYIVZG491BT108INVESCO LTD3,67318.17000066738.410.22%30740930.00110000022
01/27/2020USDYLEA521865204LEAR CORP494133.75000066072.500.21%30740930.00110000022
01/27/2020USDYFITB316773100FIFTH THIRD BANCORP2,29128.84000066072.440.21%30740930.00110000022
01/27/2020USDYKEY493267108KEYCORP NEW3,41519.29000065875.350.21%30740930.00110000022
01/27/2020USDYSNA833034101SNAP ON INC384165.97000063732.480.21%30740930.00110000022
01/27/2020USDYWDC958102105WESTERN DIGITAL CORP90869.52000063124.160.21%30740930.00110000022
01/27/2020USDYCFG174610105CITIZENS FINL GROUP INC1,59239.13000062294.960.20%30740930.00110000022
01/27/2020USDYPLD74340W103PROLOGIS INC64796.15000062209.050.20%30740930.00110000022
01/27/2020USDYHPE42824C109HEWLETT PACKARD ENTERPRISE CO COM4,13614.76000061047.360.20%30740930.00110000022
01/27/2020USDYFAST311900104FASTENAL CO1,69935.52000060348.480.20%30740930.00110000022
01/27/2020USDYBBY086516101BEST BUY INC67389.44000060193.120.20%30740930.00110000022
01/27/2020USDYK487836108KELLOGG CO85569.34000059285.700.19%30740930.00110000022
01/27/2020USDYJNPR48203R104JUNIPER NETWORKS INC2,32224.58000057074.760.19%30740930.00110000022
01/27/2020USDYOMC681919106OMNICOM GROUP INC73377.70000056954.100.19%30740930.00110000022
01/27/2020USDYRF7591EP100REGIONS FINL CORP NEW3,52615.72000055428.720.18%30740930.00110000022
01/27/2020USDYEXC30161N101EXELON CORP1,15447.73000055080.420.18%30740930.00110000022
01/27/2020USDYAEP025537101AMERICAN ELEC PWR CO INC533102.16000054451.280.18%30740930.00110000022
01/27/2020USDYBKR05722G100BAKER HUGHES COMPANY2,22222.86000050794.920.17%30740930.00110000022
01/27/2020USDYINGR457187102INGREDION INC54992.26000050650.740.16%30740930.00110000022
01/27/2020USDYPACW695263103PACWEST BANCORP DEL1,41535.57000050331.550.16%30740930.00110000022
01/27/2020USDYCAH14149Y108CARDINAL HEALTH INC92653.82000049837.320.16%30740930.00110000022
01/27/2020USDYSRE816851109SEMPRA ENERGY310159.76000049525.600.16%30740930.00110000022
01/27/2020USDYPSA74460D109PUBLIC STORAGE219224.47000049158.930.16%30740930.00110000022
01/27/2020USDYSJM832696405SMUCKER J M CO452107.67000048666.840.16%30740930.00110000022
01/27/2020USDYNTAP64110D104NETAPP INC80059.81000047848.000.16%30740930.00110000022
01/27/2020USDYGPC372460105GENUINE PARTS CO47998.07000046975.530.15%30740930.00110000022
01/27/2020USDYCINF172062101CINCINNATI FINL CORP437106.01500046328.560.15%30740930.00110000022
01/27/2020USDYSIX83001A102SIX FLAGS ENTMT CORP NEW1,22937.68000046308.720.15%30740930.00110000022
01/27/2020USDYALB012653101ALBEMARLE CORP55981.18000045379.620.15%30740930.00110000022
01/27/2020USDYIFF459506101INTERNATIONAL FLAVORS&FRAGRANC COM332135.79000045082.280.15%30740930.00110000022
01/27/2020USDYCAG205887102CONAGRA BRANDS INC1,39432.28000044998.320.15%30740930.00110000022
01/27/2020USDYHBAN446150104HUNTINGTON BANCSHARES INC3,25913.72000044713.480.15%30740930.00110000022
01/27/2020USDYR783549108RYDER SYS INC85451.75000044194.500.14%30740930.00110000022
01/27/2020USDYNUE670346105NUCOR CORP87150.33000043837.430.14%30740930.00110000022
01/27/2020USDYWELL95040Q104WELLTOWER INC49886.95000043301.100.14%30740930.00110000022
01/27/2020USDYCTL156700106CENTURYLINK INC2,92814.71000043070.880.14%30740930.00110000022
01/27/2020USDYCHRW12541W209C H ROBINSON WORLDWIDE INC53879.62000042835.560.14%30740930.00110000022
01/27/2020USDYALK011659109ALASKA AIR GROUP INC63566.72000042367.200.14%30740930.00110000022
01/27/2020USDYDRI237194105DARDEN RESTAURANTS INC361117.09000042269.490.14%30740930.00110000022
01/27/2020USDYALLY02005N100ALLY FINL INC1,31332.14000042199.820.14%30740930.00110000022
01/27/2020USDYAVB053484101AVALONBAY CMNTYS INC185219.33000040576.050.13%30740930.00110000022
01/27/2020USDYAPA037411105APACHE CORP1,35129.98000040502.980.13%30740930.00110000022
01/27/2020USDYGT382550101GOODYEAR TIRE & RUBR CO2,82714.20000040143.400.13%30740930.00110000022
01/27/2020USDYNBL655044105NOBLE ENERGY INC1,83621.67000039786.120.13%30740930.00110000022
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01/27/2020USDYAGR05351W103AVANGRID INC6352.2100003289.230.01%30740930.00110000022
01/27/2020USDYBDN105368203BRANDYWINE RLTY TR20116.1000003236.100.01%30740930.00110000022
01/27/2020USDYCNA126117100CNA FINL CORP6644.7500002953.500.01%30740930.00110000022
01/27/2020USDYCLNY19626G108COLONY CAP INC NEW5924.6400002746.880.01%30740930.00110000022
01/27/2020USDYESRT292104106EMPIRE ST RLTY TR INC17614.1000002481.600.01%30740930.00110000022
01/27/2020USDYEAF384313508GRAFTECH INTL LTD21711.2900002449.930.01%30740930.00110000022
01/27/2020USDYVIRT928254101VIRTU FINL INC15915.3500002440.650.01%30740930.00110000022
01/27/2020USDYSITC82981J109SITE CENTERS CORP18113.4700002438.070.01%30740930.00110000022
01/27/2020USDYCXP198287203COLUMBIA PPTY TR INC10521.9200002301.600.01%30740930.00110000022
01/27/2020USDYTCO876664103TAUBMAN CTRS INC6631.0500002049.300.01%30740930.00110000022
01/27/2020USDYBPR11282X103BROOKFIELD PROPERTY REIT INC CL A8019.1700001533.600.00%30740930.00110000022
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Above all, we value our client relationships. If you have
questions or comments about Pacific Global ETFs,
please feel free to contact us directly.

Above all, we value our client relationships. If you have questions or comments about Pacific Global ETFs, please feel free to contact us directly.

ETF shares are not individually redeemable from the Fund. Shares may only be redeemed directly from the Fund by Authorized Participants in creation units only.

Authorized Participant Concentration Risk. The Fund has a limited number of institutions that act as Authorized Participants. To the extent that these institutions exit the business or are unable to proceed with creation and/or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units, Fund shares may trade at a discount to NAV and possibly face trading halts and/or delisting. The Fund faces numerous market trading risks, including disruptions to the creation and redemption processes of the Fund, losses from trading in secondary markets, the existence of extreme market volatility or potential lack of an active trading market for Shares may result in Shares trading at a significant premium or discount to NAV. The market prices of Shares will fluctuate in accordance with changes in NAV and supply and demand on the Exchange. If a shareholder purchases Shares at a time when the market price is at a premium to the NAV or sells Shares at a time when the market price is at a discount to the NAV, the shareholder may sustain losses.

The Fund is subject to limited history of operations risk since it is a new ETF and has a limited history of operations for investors to evaluate.

The Fund is an actively managed exchange traded fund (ETF) and, thus, does not seek to replicate the performance of a specified index.  Instead, investment decisions are made based on investment views and there is no guarantee that the investment views will produce the desired results or expected returns, which may cause the Fund to fail to meet its investment objective or to underperform its benchmark index or funds with similar investment objectives and strategies. While the Fund may hold securities of companies that have historically paid a high dividend yield, it is subject to dividend-paying stock risk, as those companies may reduce or discontinue their dividends, reducing the yield of the Fund; The net asset value of the Fund will fluctuate based on changes in the value of the U.S. equity securities held by the Fund. Equity prices can fall rapidly in response to developments affecting a specific company or industry, or to changing economic, political or market conditions. Issuer Risk. Fund performance depends on the performance of individual securities that the Fund holds. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline. Large Capitalization Company Risk. Larger, more established companies may be unable to attain the high growth rates of successful, smaller companies during periods of economic expansion. Overall market risks may affect the value of the Fund. Factors such as U.S. economic growth and market conditions, interest rate levels and political events affect the securities markets. The Fund faces numerous market trading risks, including the potential lack of an active market for the Shares, losses from trading in secondary markets, and disruption in the creation/redemption process of the Fund. Sector risk is the possibility that securities within the same group of industries will decline in price due to sector-specific market or economic developments. If the Fund invests more heavily in a particular sector, the value of its shares may be especially sensitive to factors and economic risks that specifically affect that sector.

Benchmark definition

The Russell 1000 Value Index measures the performance of the large-cap value segment of the US equity universe. It includes those Russell 1000 companies with lower price-to-book ratios and lower expected growth values. The Russell 1000 Value Index is constructed to provide a comprehensive and unbiased barometer for the large-cap value segment. The index is completely reconstituted annually to ensure new and growing equities are included and that the represented companies continue to reflect value characteristics.

The volatility of the index may be materially different from that of the Fund. You cannot invest directly in an index. Index results assume the re-investment of all dividends and capital gains. In addition, the Fund’s holdings may differ significantly from the securities that comprise the index.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please visit the Fund webpages. Read the prospectus or summary prospectus carefully before investing.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any investor or prospective investor. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. Investors seeking information regarding their particular investment needs should contact a financial professional.

Pacific Global Asset Management LLC is a wholly-owned subsidiary of Pacific Life Insurance Company (“Pacific Life”). Pacific Global Advisors LLC and Cadence Capital Management LLC are each wholly-owned subsidiaries of Pacific Global Asset Management and indirect subsidiaries of Pacific Life.

Investment products are not insured by the FDIC or any federal government agency, may lose value, and are not a deposit of or guaranteed by any bank or any bank affiliate.

Funds are distributed by Foreside Fund Services, LLC, a member of FINRA and SIPC.