OAIM

OAIM

OneAscent International Equity ETF

The OneAscent International Equity fund takes an innovative approach to international 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 it believes could be more likely to outperform.

Key Uniques:

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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 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 attempt to 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 Global Investment Team
The investment team is led by a portfolio manager with decades of investment experience in global equity markets. The team manages multiple, high conviction portfolio using the same rigorous bottom-up investment process.

Fund Details As of 12/20/2024
Ticker OAIM
Primary Exchange NYSE Arca
CUSIP 90470L436
Inception Date 9/15/22
Net Assets $135,420,986.46
Shares Outstanding 4,150,000.00
Gross Expense Ratio 1.11%
Net Expense Ratio 0.95%
Distribution Frequency Annually

Historical Premium/Discount

Fund Price As of 12/20/2024
NAV $32.63
Market Price $32.65
30-day Median Bid/Ask Spread 0.30%
Premium Discount $0.02

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 International Equity ETF (Price) 6.70% 13.19% 22.91% 18.37%
OneAscent International Equity ETF (NAV) 6.93% 13.22% 22.98% 18.40%
MSCI ACWI ex USA Index 8.06% 14.21% 25.35% 17.01%

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 1.11%. 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 0.95% 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.

Olympus Corp.

Gastrointestinal, pancreatic, and liver diseases are the major causes of global mortality, resulting in 8 million deaths worldwide each year.1

Olympus’s TXI™ Technology increases the visibility of lesions and polyps that could turn cancerous by revolutionizing image quality in endoscopic screening.

Learn More

KBC Groupe

Approximately 70 percent of all investments worldwide have no direct or measurable considerations of the underlying holdings’ impact on the world.2

In 2023, KBC directed €40.7 billion of direct client money into Responsible Investing funds, which pave the way in energy innovation and avoid investments in adult entertainment, gambling, and controversial weaponry.

Learn More

Smurfit Westrock

The United States produces nearly 5 pounds of waste per person per day, totaling nearly 300 million tons per year.3

By using recyclable and degradable materials, as well as reclaiming used packaging from customers and recycling the material themselves, Smurfit Kappa recovers 7.7 million tons of post-consumer paper each year.

Learn More

Nestlé SA

Approximately 1 in 10 children worldwide—about 160 million children—engage in child labor.4

Nestlé has proactively trained over 282,000 employees on human rights reporting procedures. Its Child Labor Monitoring and Remediation System (CLMRS) has helped protect 128,000 children from child labor since 2012 and increased education access for 40,000 of them.

Learn More

L’Oréal SA

Seventy-one percent of the world’s population lives on ten dollars or less per day.5

L’Oréal and their top supplier, Firmenich, have committed to paying a living wage for their employees globally, providing sufficient compensation to meet essential needs such as food, shelter, and healthcare for both employees and their dependents.

Learn More

Allocation as of 12/20/2024

TECHNOLOGY 21.02

INDUSTRIALS 18.14

FINANCIALS 15.8

BANKS SAVINGS-DEPOSIT ACCOUNT 14.43

MATERIALS 12.15

HEALTH CARE 7.1

ENERGY 3.58

CONSUMER STAPLES 3.55

UTILITIES 1.7

COMMUNICATIONS 1.69

SPECIALTY 0.58

CURRENCY 0.25

Top 10 Holdings as of 12/20/2024 Weight
BBH SWEEP VEHICLE 14.43%
DBS GROUP HLDGS 4.70%
TAIWAN SEMIC-ADR 3.67%
SMURFIT WESTROCK 3.38%
KBC GROUP 3.25%
CRH PLC 3.13%
MITSUB ELEC CORP 2.80%
OLYMPUS CORP 2.73%
BANGKOK BANK-F 2.66%
WISE PLC - A 2.60%
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.

High conviction is a style of active management that is expressed through portfolio construction. Without deploying a consistent high-conviction approach over time, it is hard for any manager to beat the benchmark or passive fund equivalent for their target sector.

The fund contains international securities that may provide the opportunity for greater return but also have special risks associated with foreign investing including fluctuations in currency, government regulation, differences in accounting standards and liquidity.

1Olympus Corp: Mohammad Javad Zahedi, Sara Shafieipour, Mohammad Mahdi, et al. “Mortality Trends of Gastrointestinal, Liver, and Pancreaticobiliary Diseases: A Hospital-Based Prospective Study in the Southeast of Iran.” NIH.
2KBC Groupe: “Global ESG Assets Predicted to Hit $40 Trillion by 2030, despite Challenging Environment, Forecasts Bloomberg Intelligence | Press | Bloomberg LP.” Bloomberg.
3Smurfit Westrock: US EPA, OLEM. “National Overview: Facts and Figures on Materials, Wastes and Recycling.” US EPA. Gross, Christopher . “A Better Approach to Mentorship.” Harvard Business Review.
4Nestle SA: “Child Labour.” UNICEF.
5L'Oreal SA: “Poverty: Share of Population Living on Less than $10 a Day.” Our World in Data.