BOAT

SonicShares Global Shipping ETF

Fund Summary

The SonicShares™ Global Shipping ETF (BOAT) provides pure-play exposure to the global maritime shipping industry. BOAT is an indexed ETF that seeks to provide performance results that correspond, before fees and expenses, to the Solactive Global Shipping Index. The Index consists of global shipping companies engaged in the maritime transportation of goods and raw materials, including consumer and industrial products, vehicles, dry bulk, crude oil and liquefied natural gas. Maritime shipping is considered the lifeline of the U.S. and global economies, as around 90% of the world’s trade is carried by sea. With the economy’s continued reliance on world trade, just-in-time manufacturing and inventory management, our dependence on maritime shipping should continue, which in turn should benefit shipping company stocks. BOAT allows investors to express a bullish view not only on this critical industry, but also on the anticipated recovery of the global economy that it sustains.

Fund Information

Fund Name SonicShares™ Global Shipping ETF
Fund Inception 08/03/2021
Ticker BOAT
Primary Exchange NYSE Arca
CUSIP 886364645
NAV Symbol BOAT.NV
Gross Expense Ratio 0.69%
30-Day SEC Yield* 2.13%

*The 30-Day SEC Yield is calculated with a standardized formula mandated by the SEC. The formula is based on the maximum offering price per share. As of September 30, 2021.

Fund Data and Pricing

Data as of

30-Day Median Spread is a calculation of the Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10-second interval during each trading day during the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

PERFORMANCE RETURNS ( MONTH-END & QUARTER END)

Inception Date: 08/03/2021

Month-End as of September 30, 2021 Quarter-End as of September 30, 2021
MTD QTD YTD SINCE INCEPTION QTD YTD 1 YEAR 3 YEAR SINCE INCEPTION
Market Price 0.23% 12.73% 12.73%
Fund NAV 1.35% 13.19% 13.19%
Index -2.69% 9.44% 9.44%
S&P 500 Index -4.65% -2.37% -2.37%

BOAT is an indexed ETF that seeks to provide performance results that correspond before fees and expenses to the The Solactive Global Shipping Index (the “Index”). The Index consists of mid-to-large-capitalization companies listed on exchanges in select industrial countries that derive at least 50% of their revenue from specific activities within the global shipping industry.

The S&P 500® is composed of 500 selected common stocks most of which are listed on the New York Stock Exchange. It is not possible to invest directly in an index. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

The performance data quoted above 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 sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (833) 378-0717.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on historical returns. Returns beyond 1 year are annualized.

A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

Performance Returns Calendar Year

YTD 2021
Market Price 12.73%
Fund NAV 13.19%

Distribution Detail

FUND NAME EX-DATE RECORD DATE PAYABLE DATE AMOUNT
BOAT 9/22/2021 9/23/2021 9/27/2021 0.0520 
BOAT
BOAT
BOAT

Top 10 Holdings

Holdings subject to change.

Data as of

Research

BOAT-Primer-Sonic-Shares
BOAT Primer
Sonic-Shares-BOAT-Industry-Report
BOAT Industry Report
BOAT Investment Case

How to purchase our ETF

The SonicShares™ Global Shipping ETF (BOAT) is available through various channels including via phone (833) 378-0717, broker-dealers, investment advisers, and other financial services firms, including:

The Fund is not affiliated with these financial service firms. Their listing should not be viewed as a recommendation or endorsement.