RAA – SMI 3Fourteen REAL Asset Allocation ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The fund is actively managed and allocates its portfolio assets among three asset categories – stocks, bonds, and alternatives. Portfolio assets are chosen using the REAL Asset Allocation (“RAA”) strategy developed by an affiliate of the Adviser, 3Fourteen Research, LLC. The RAA strategy is based on a proprietary model that dynamically allocates the portfolio into three broad categories of asset classes: Stocks, Bonds, and Alternatives. The fund is non-diversified.

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
RAA	SMI 3Fourteen REAL Asset Allocation ETF	ETF	Open	—		Feb 25, 2025	$608.51M	0.900%	—	—	$16.84M

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