LSAT – LeaderShares® AlphaFctr® Tctcl Fcsd ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to generate long term capital growth. The fund will typically be invested in a diversified portfolio of equity securities of companies with market capitalizations of at least $1 billion at the time of initial purchase. It may focus its investments in a particular sector, industry or group of industries.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
LSAT	LeaderShares® AlphaFactor® Tactical Focused ETF	ETF	Open			Oct 26, 2020	$64.52M	0.990%	—	—	−$32.19M

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