OAEM

OAEM

OneAscent Emerging Markets ETF

The OneAscent Emerging Markets fund takes an innovative approach to equity investing. The strategy combines the OneAscent Elevate Screening Process along with the investment team’s Life Cycle Investment approach. The team conducts extensive fundamental analysis to arrive at a concentrated portfolio of companies in emerging economies it believes are more likely to outperform.

Key Focuses:

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A Focus on Societal Impact
With the help of the OneAscent Elevate Screening methodology, the investment team seeks out those companies around the world that are providing goods or services that advance the flourishing of society. A deep dive into a company’s business model, stakeholder policies, and overall community impact helps to attempt to eliminate those companies that do not share our values and thereby allowing the team to focus on companies in which our clients can be proud to own.

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Unique Fundamental Framework
The investment team believes companies go through a natural corporate “Life Cycle” and understanding where a company lies along that spectrum is central to the fundamental investment process. With the help of quantitative tools, the team is able to segregate the investment universe into life cycle stages and more accurately identifying a company’s real asset growth and return on invested capital. Using this lens, the team applies a rigorous fundamental analysis process to help identify those companies more likely to create ongoing shareholder value.

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Experienced Investment Team
The investment team is led by a portfolio manager with decades of investment experience. The team manages multiple, high conviction portfolio using the same rigorous bottom-up investment process.

Fund Details As of 12/2/2024
Ticker OAEM
Primary Exchange NYSE Arca
CUSIP 90470L451
Inception Date 9/15/22
Net Assets $55,235,272.15
Shares Outstanding 1,875,000.00
Gross Expense Ratio 1.73%
Net Expense Ratio 1.25%
Distribution Frequency Annually

Historical Premium/Discount

Fund Price As of 12/2/2024
NAV $29.46
Market Price $29.62
30-day Median Bid/Ask Spread 0.41%
Premium Discount $0.16

Investment Process

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The investable universe is defined as U.S. Companies with a market capitalization greater than $5 billion at the time of initial purchase.

Performance

As of 9/30/2024

Trailing Returns

  3 Month YTD 1 Year Since Inception
OneAscent Emerging Markets ETF (Price) 0.69% 4.54% 16.13% 11.31%
OneAscent Emerging Markets ETF (NAV) 1.02% 5.13% 16.49% 11.56%
MSCI EM NR USD Index 8.72% 16.86% 26.05% 12.95%

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 redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance current to the most recent month end, please call 1-800-222-8274.

The total Fund operating expense is 1.73%. The Fund’s adviser contractually has agreed to waive its management fee and/or reimburse expenses so that total annual Fund operating expenses, do not exceed 1.25% through December 31, 2024.

Source: Morningstar Direct

Elevate Stories

When a company elevates every single person and every square inch, they create stories worth sharing.
Below are examples from this fund.

TSMC

Semiconductor demands will require $3 trillion in global R&D investment over the next decade.

Taiwan Semiconductor Manufacturing Company created a Supplier Sustainability Academy to address the issue. The revolutionary, open-source educational platform has delivered cutting-edge courses to over 200,000 supply chain workers.

Learn More

Bank Rakyat Indonesia

Over half of Indonesia's population lives on less than $5.50 per day.

Microloans empower borrowers who are unbanked or have poor credit with smaller, non-traditional loans. Bank Rakyat is the largest microlender in Indonesia, and its microlending program has become a model for the rest of the developing world.

Learn More

Kimberly-Clark de Mexico

United States babies use approximately 50 million diapers per day, or about 18 billion per year.

The Huggies Eco Protect baby diapers and wet wipes are designed with biodegradable materials that will reintegrate into nature in less than 3 years after use, and their packaging is recyclable and made with recycled materials. 

Learn More

Trip.com

Eighty percent of the world's population experiencing poverty lives in rural areas.

Trip.com developed a nearly $150 million fund to drive local tourism, creating 10 industry-leading country retreats, 100 vacation villages, and 10,000 jobs in rural Asia. 

Learn More

Indofood

Two million children under 5-years-old in Indonesia suffer from severe acute malnutrition.

The Indofood Nutrition platform researches and innovates to aid customers in making healthy food choices while also enhancing products with vital micronutrients. They also provide education and health services to mothers and toddlers through their Nutrition Care program.

Learn More

Allocation as of 12/2/2024

TECHNOLOGY 30.55

BANKS SAVINGS-DEPOSIT ACCOUNT 21.2

CONSUMER DISCRETIONARY 14.9

INDUSTRIALS 10.84

FINANCIALS 10.2

COMMUNICATIONS 7.45

CONSUMER STAPLES 4.83

MATERIALS 2.99

HEALTH CARE 1.7

ENERGY 1.34

Top 10 Holdings as of 12/2/2024 Weight
BBH SWEEP VEHICLE 21.20%
TSMC 10.92%
SAMSUNG ELECTRON 4.85%
ACCTON TECH 3.87%
MakeMyTrip Ltd 3.80%
HAIER SMART H-H 3.74%
TRIP.COM GROUP L 3.66%
MEDIATEK 3.35%
LIG NEX1 CO LTD 2.98%
HDFC BANK-ADR 2.81%
View all holdings (csv)

As a percent of net assets. Portfolio Holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.

Documents

Summary Prospectus

Prospectus

SAI

Semi-Annual Report

Annual Report

Fact Sheet

Quarterly Holdings

Quarterly Commentary

Form N-PX

N-CSR

Investors should carefully consider the investment objectives, risks, and charges and expenses of the fund before investing. The prospectus contains this and other information about the fund, and it should be read carefully before investing. Investors may obtain a copy of the prospectus by calling 1-800-222-8274 or clicking the link above. The fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with OneAscent Investment Solutions, LLC.

Important Risk Information:
Exchange-traded funds involve risk including the possible loss of principal. Past performance does not guarantee future results.

The Adviser invests in securities only if they meet both the Fund's investment and values-based screening requirements, and as such, the returns may be lower than if the Adviser made decisions based solely on investment considerations.

The Fund faces numerous market trading risks, including the potential lack of an active market for Fund sharers, losses from trading in secondary markets, and periods of high volatility and disruption in the creation/redemption process of the Fund. These factors may lead to the Fund's shares trading at a premium or discount to NAV.

Additional risks are included in the Fund prospectus.