SECA – Main Active Rotation ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to outperform the S&P 500 in rising markets while limiting losses during periods of decline. The fund utilizes a “fund of funds” structure to invest in sector-based equity exchange-traded funds (“ETFs”) and equity securities. The fund’s adviser focuses its research primarily on sector/stock selection for sector-based equity ETFs and equity securities by carefully reviewing the sectors, industries, and sub-industries in the fund’s portfolio. It may invest in securities of any market capitalization or country and denominated in any currency.

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
SECA	Main Active Rotation ETF	ETF	Open	—	—	Sep 18, 2026	$449.68M	0.690%	—	—	—

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