Beacon Tactical Risk






NAV

$25.17

as of 07-19-2024

MARKET PRICE

$25.17

as of 07-19-2024

NUMBER OF HOLDINGS

13

as of 07-19-2024

ASSETS UNDER MANAGEMENT

$27,186,400

as of 07-19-2024

QUICK LINKS

Prospectus
Fact Sheet


Objective

The primary investment objective of the Fund is to seek to provide long-term capital appreciation.


Investment Approach

Beacon follows the modern efficient-market theory, which believes that markets are generally efficient and, therefore, a buy-and-hold strategy has the potential to yield the best long-term results. However, we also recognize that markets at times become irrational and bubbles are created that eventually burst with the potential for creating devastating losses for the retail investor. Beacon’s systematic buy-sell criteria strives to minimize the impact of emotional investing while utilizing a trailing stop loss strategy, designed to minimize the impact of these devastating losses while the market corrects.


Process & Management

The Beacon Tactical Risk Fund is diversified across 11 different market sectors. Rather than attempt to predict which sector, such as technology, health care or energy, is going to be in favor, these portfolios invest in all sectors. The buy and sell triggers for the stop loss are based on the performance of our internal benchmark (the “Stock Index” portfolio). Beacon recalculates the performance of the “Stock Index” portfolio daily. When that index reaches its highest value point and then drops 10% from the high watermark; that is the target trigger to automatically sell out of all equity positions held within the model. The proceeds from the equity liquidations are then invested equally amongst three fixed income positions. This 100% fixed income allocation is maintained until our buy trigger is initiated. The buy trigger is also based off the performance of the Stock Index portfolio. However, unlike the sell trigger, the buy trigger has a range of initiation; the buy trigger can range from 15% to 25% from the Stock Index’s low watermark. The amount of rebound required from the bottom is dependent on two factors; time and loss. The longer it takes the index to reach its lowest value, the higher the required rebound will be.


Fund Details

As of 07-19-2024

FUND TICKER

BTR

EXCHANGE

NYSE

INCEPTION DATE

2023-04-17

BASE CURRENCY

USD

30 DAY MEDIAN ASK/BID SPREAD

0.57%

30 DAY AVERAGE TRADING VOLUME

71

SHARES OUTSTANDING

1,080,000

CUSIP

66538F215

DISTRIBUTION FREQUENCY

Annually

DISCOUNT / PREMIUM

0.00%



Performance


Monthly

As of 07-19-2024

1-MO QTD YTD 1-YR 3-YR 5-YR SINCE INCEPTION
NAV % 2.44% 2.15% 9.06% 1.03% - - 1.47%
MARKET PRICE % 2.44% 2.15% 9.01% 0.95% - - 1.47%
Dow Jones Moderately Aggressive 1.31% 1.65% 7.30% 10.97% - - 17.30%
S&P 500 0.42% 0.88% 16.30% 22.40% - - 35.16%

Quarterly

As of 06-30-2024

QTD YTD 1-YR 3-YR 5-YR SINCE INCEPTION
NAV % -0.08% 6.76% 0.22% - - -0.25%
MARKET PRICE % -0.20% 6.71% 0.18% - - -0.25%
Dow Jones Moderately Aggressive -0.04% 5.56% 12.11% - - 15.39%
S&P 500 4.28% 5.56% 24.56% - - 33.99%

Performance data quoted represents past performance and is for illustrative purposes only. Past performance is not indicative of future results. Current performance may be higher or lower than the performance data presented. Performance data current to the most recent month end can be obtained by visiting beaconinvestingetfs.com or by calling (toll-free) 866.439.9093, option 2. Market price returns are calculated using the closing price and account for distributions from the ETF. Gross/Net Expense Ratio: 1.90%/1.07%. Beacon Capital Management, has contractually agreed to limit its fees to not exceed 1.00% through June 30, 2025.




Historical Premium / Discount

As of 07-19-2024


2023 Totals Q3 2024 Q2 2024 Q1 2024 Q4 2023
Days at premium 152 9 37 45 56
Days at discount 6 2 14 4 1


Holdings

Holdings1

As of 07-19-2024

NAME TICKER CUSIP SHARES MARKET VALUE % OF PORTFOLIO
VANGUARD UTI ETFVPU92204A87616,9712,589,7709.53
VANGUARD INF T EVGT92204A7024,4402,543,3209.36
VANGUARD ENERG EVDE92204A30619,2072,489,4209.16
VANGUARD IND ETFVIS92204A60310,2452,479,2909.12
VANGUARD FIN ETFVFH92204A40523,6932,476,8709.11
VANGUARD COMMUNIVOX92204A88417,8272,435,7008.96
VANGUARD MATER EVAW92204A80112,2662,430,1408.94
VANGUARD CN DI EVCR92204A1087,5652,416,7908.89
VANGUARD CN ST EVDC92204A20711,6752,414,3908.88
VANGUARD H/C ETFVHT92204A5048,7842,379,5908.75
VANGUARD REAL ESVNQ92290855326,4212,345,9208.63
BBH SWEEP VEHICLEBBHETFMM216,855216,8550.80
Receivables/PayablesRECPAYRECPAY-33,797-33,797-0.12

1 Holdings are subject to change without notice. Holdings are provided for informational purposes only and should be not be considered a recommendation to buy or sell the securities listed.



Fund Documents