Warren Street Global Equity ETF (WSGE)

Overview

WSGE is a dynamic investment vehicle that actively manages a portfolio of global equity securities. Its investment strategy is multifaceted, encompassing various asset types such as common and preferred stocks, depositary receipts, and exchange-traded funds (ETFs). The approach employs a core allocation aimed at providing expansive exposure to global equities, enhanced by strategic factor-based allocations. This method is designed to optimize risk-adjusted returns by targeting specific investment factors, namely value, quality, size, momentum, low volatility, and income stability. While WSGE focuses on selecting factor-based ETFs with low operating expenses that appropriately represent defined factors or market segments, it is important to note that the portfolio may not represent every investment factor simultaneously. The individual number of holdings within the portfolio will fluctuate based on assessments made by the sub-advisers, which allows for a tailored investment approach. Additionally, WSGE may hold cash equivalents, short-term US Treasury ETFs, or money market instruments as part of a tactical liquidity reserve to effectively manage risks or capitalize on emergent market opportunities. Investment focus may shift towards specific sectors, countries, or regions as dictated by prevailing market conditions.

Products and Services

• Global Equity Securities

  WSGE invests in a diverse range of global equity securities. This includes common stocks, preferred stocks, depositary receipts, and various exchange-traded funds (ETFs) that provide access to different markets and sectors around the globe. The focus is on building a robust portfolio that leverages opportunities in the global equity market.

• Core Allocation Strategy

  The funds employ a core allocation strategy, which serves as the foundation for obtaining broad exposure to global equities. This approach ensures a well-diversified investment portfolio, aimed at capturing growth across various markets while mitigating risks associated with single-sector investments.

• Factor-Based Allocations

  In an effort to improve the risk-adjusted returns of the investment portfolio, WSGE integrates strategic allocations based on identified factors such as value, quality, size, momentum, low volatility, and income stability. These factors guide the selection of investments and aim to optimize performance under varying market conditions.

• Factor-Based ETFs

  WSGE carefully selects factor-based ETFs that charge low operating expenses while effectively representing specific factors or market capitalizations. This selection is pivotal in maintaining an efficient portfolio that aligns with the company's investment strategy while managing overall costs.

• Cash Equivalents and Tactical Liquidity Reserve

  To manage risk and participate in market opportunities effectively, WSGE may maintain a tactical liquidity reserve comprising cash equivalents, short-term US Treasury ETFs, or money market instruments. This aspect of their strategy ensures they remain agile in a constantly shifting investment landscape.

• Sector and Geographic Focus

  As market dynamics evolve, WSGE may adjust its investment emphasis on specific sectors, countries, or regions. This adaptability allows the fund to take advantage of favorable conditions and to strategically align its portfolio with emerging market trends.