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 03/27/2024
Ticker OAIM
Primary Exchange NYSE Arca
CUSIP 90470L436
Inception Date 9/15/22
Net Assets $112,535,754.30
Shares Outstanding 3,525,000.00
Gross Expense Ratio 1.11%
Distribution Frequency Annually
Fund Price As of 03/27/2024
NAV $32.07
Market Price $32.04
30-day Median Bid/Ask Spread 0.31%
Premium Discount $0.11

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 12/31/2023

Trailing Returns

  3 Month YTD 1 Year Since Inception
OneAscent International Equity ETF (Price) 8.59% 16.95% 16.95% 18.57%
OneAscent International Equity ETF (NAV) 8.62% 16.90% 16.90% 18.61%
MSCI ACWI ex USA Index 9.75% 15.62% 15.62% 15.63%

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.

Straumann

Oral diseases affect approximately 3.5 billion people globally.

With a goal of impacting 10 million smiles annually, Straumann created Smile-in-a-Box, a simple implant treatment solution available in over 100 countries. 

Learn More

L'Oréal

Seventy-one percent of the world's population lives on $10 or less per day.

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

Daikin Industries

Fourteen percent of U.S. elementary and middle school students are chronically absent.

Daikin, the largest air conditioning manufacturer in the world, partners with schools to ensure proper ventilation to reduce the risks of respiratory infections. Their technology also purifies air against viruses and 60 types of allergens.

Learn More

Valeo

The number of delivery vehicles in the world's largest 100 cities may increase 36% by 2030.

Utilizing its revolutionary 48V electric vehicle motor technology, Valeo is designing autonomous cars to execute last-mile delivery. Currently, one-third of all new vehicles worldwide use Valeo's electrical system to reduce emissions.

Learn More

AIA Group

Southeast Asia experiences relatively low healthcare coverage and high healthcare costs.

AIA has created multiple preventative healthcare programs that serve nearly 2 million people in 11 markets, focused on improving blood pressure, cholesterol, and glucose levels.

Learn More

Allocation as of 03/27/2024

TECHNOLOGY 25.65

INDUSTRIALS 14.7

FINANCIALS 14.55

MATERIALS 14.27

CONSUMER STAPLES 11.31

BANKS SAVINGS-DEPOSIT ACCOUNT 7.35

HEALTH CARE 6.79

ENERGY 3.41

CURRENCY 1.08

COMMUNICATIONS 0.9

Top 10 Holdings as of 03/27/2024 Weight
BBH SWEEP VEHICLE 7.35%
ASML HOLDING-NY 4.10%
TAIWAN SEMIC-ADR 3.97%
DBS GROUP HLDGS 3.52%
ELEMENT FLEET MA 3.47%
AKER BP ASA 3.41%
BANK RAKYAT INDO 3.36%
KIMBERLY-CLA M-A 3.18%
KBC GROUP 3.04%
FERGUSON PLC 2.94%
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

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.

NLD-17683072-10/11/2023