The Nashville Area ETF (NASH) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Nashville Index.

 

COMPANY SELECTION

As a market, Nashville is situated to help support locally-headquartered publicly-traded companies. LocalShares provides an efficient means of investing in these selected companies.

In structuring the portfolio, certain requirements for inclusion are imposed, such as:

  • Companies must have market capitalizations of more than $100 million.
  • The average daily volume of stock traded must exceed 50,000 shares.

Component companies are weighted within the portfolio based on a proprietary formula developed to account for positive earnings, momentum and valuation metrics. This is a passively managed index fund.

DATA AS OF:

Primary Exchange NYSE ARCA
Ticker NASH
CUSIP 53957P106
Net Assets
Shares Outstanding
 
Fund Inception Date 7/31/2013
Annual Fund Operating Expenses 0.65%*
Net Expense Ratio 0.49%
NAV
Net Asset Value
Daily Change
Daily Change (%)
 
Price
Closing Price
Daily Change
Daily Change (%)

MONTH END AS OF:

  Cumulative (%) Avg Annualized (%)
  1 Mo. 3 Mo. Since Inception 1 Year Since Inception
Fund NAV
Closing Price

CALENDAR QUARTER END AS OF:

  Cumulative (%) Avg Annualized (%)
  Since Inception 1 Year Since Inception
Fund NAV
Closing Price

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

 

* The Fund's investment adviser has contractually agreed to waive fees and expenses so that the Fund's Total Annual Operating Expenses will not exceed 0.49%. This fee waiver will remain in effect until September 30, 2017, and may be extended thereafter by the Adviser in its sole discretion.

An active secondary market for the Fund's shares may not exist. Although the Fund's shares will be listed on an exchange, subject to notice of issuance, it is possible that an active trading market may not develop or be maintained.

All ETF products are subject to risk, which may result in the loss of principal. Investment in smaller companies typically exhibit higher volatility. The Fund will invest substantially all of its assets in the securities of companies that have their headquarters or principal place of business located in the Nashville, Tennessee region. The Fund may be impacted by events or conditions affecting the region to a greater extent than a fund that did not focus its investments in that manner. The fund is expected to invest a relatively large percentage of its assets in the healthcare sector and negative performance of the sector will negatively impact the fund. Diversification may not protect against investment loss.

Carefully consider the Nashville Area ETF’s investment objective, risk factors, and charges and expenses before investing. This and other important information can be found in the Nashville Area ETF’s Prospectus, which may be obtained by calling 1-855-480-NASH (6274). Read it carefully before investing.

ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead, investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund’s shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange (“NYSE”), normally 4:00 p.m. Eastern time (the “NAV Calculation Time”). Shares are bought and sold at market price (closing price) not NAV. Closing price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. (when NAV is normally determined) and do not represent the returns an investor would receive if shares were traded at other times.

SEI Investments Distribution Co. is not affiliated with LocalShares Investments, LLC.

Not FDIC Insured / No bank guarantee / May lose money