TRUESHARES

TRUESHARES

LRNZ

TRUESHARES TECHNOLOGY, AI & DEEP LEARNING ETF

Why Invest in LRNZ

TRUEINNOVATION
AI & DEEP LEARNING CATEGORY KILLERS / CONVICTION THROUGH CONCENTRATION / INDUSTRY EXPERTISE
TrueShares Technology, AI & Deep Learning ETF (LRNZ) seeks to provide thematic exposure to a concentrated portfolio of technology companies that are significantly involved in the application of advanced levels of artificial intelligence within their businesses. LRNZ generally holds 20-30 positions representing companies we believe possess innovative AI and Deep Learning solutions that represent a distinct competitive advantage in a particular industry. A focus on secular growth companies helps lower correlation to broad market indices. LRNZ is led by a portfolio manager with a deep understanding of the technology sector and an ability to conduct extensive qualitative fundamental research.

Why Invest in LRNZ

TRUEINNOVATION
AI & DEEP LEARNING CATEGORY KILLERS / CONVICTION THROUGH CONCENTRATION / INDUSTRY EXPERTISE
TrueShares Technology, AI & Deep Learning ETF (LRNZ) seeks to provide thematic exposure to a concentrated portfolio of technology companies that are significantly involved in the application of advanced levels of artificial intelligence within their businesses. LRNZ generally holds 20-30 positions representing companies we believe possess innovative AI and Deep Learning solutions that represent a distinct competitive advantage in a particular industry. A focus on secular growth companies helps lower correlation to broad market indices. LRNZ is led by a portfolio manager with a deep understanding of the technology sector and an ability to conduct extensive qualitative fundamental research.
FUND SUMMARY

About the LRNZ ETF

Fund Details

Data as of 11/30/2023

Inception Date

February 28, 2020

CUSIP

53656F821

Primary Exchange

NYSE

Ticker

LRNZ

Fund Listing

March 2, 2020

IOPV Symbol

N/A

NAV Symbol

LRNZ.NV

Expense Ratio

0.69%

30 Day SEC Yield

-0.10

Fund Data & Pricing

Data as of 12/08/2023
Net Assets as of 12/08/2023
$31.98M

NAV

$35.53

Shares Outstanding

900,000

Premium/Discount Percentage

0.07%

Closing Price

$35.56

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

FUND SUMMARY

About the LRNZ ETF

Fund Details

Data as of 11/30/2023

Inception Date

February 28, 2020

Fund Listing

March 2, 2020

Primary Exchange

NYSE

Ticker

LRNZ

CUSIP

53656F821

IOPV Symbol

N/A

NAV Symbol

LRNZ.NV

Expense Ratio

0.69%

30 Day SEC Yield

-0.10

Fund Materials

Fact Sheet
Fact Sheet
Investment Case
Prospectus
SAI
Summary Prospectus
Press Release
Semi Annual Report
Annual Report
Part F Schedule of Investments 9/30/2022
Part F Schedule of Investments 03/31/2023

Fund Materials

Fact Sheet
Investment Case
Prospectus
SAI
Summary Prospectus
Press Release
Semi Annual Report
Annual Report
Part F Schedule of Investments 9/30/2022
Part F Schedule of Investments 03/31/2023

Fund Data & Pricing

Data as of 12/08/2023
Net Assets as of 12/08/2023
$31.98M

NAV

$35.53

Shares Outstanding

900,000

Premium/Discount Percentage

0.07%

Closing Price

$35.56

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Historical NAV Change

Data as of 12/08/2023

Use the slider below to adjust the time period shown in the graph below.

SUB-ADVISOR

Black Hill Capital Partners

Black Hill Capital Partners, LLC is a private investment company and general partner acting as investment manager for separately managed accounts and sub-advisor of Active ETF(s). Our objective is long term wealth creation for our clients, treating our clients' capital as we do our own.

We know and understand technology. We focus our investment efforts on the technology sector and users of technology companies that use technology as competitive advantage to gain market share. We always rely on our own rigorous fundamental research to identify new and disruptive technology trends and the companies benefiting from the trends. Once identified, we "buy and hold" these companies long term, with holding periods often lasting multiples of years or even longer.

REQUEST A MEETING

Fund Materials

Fact Sheet
Investment Case
Prospectus
SAI
Summary Prospectus
Press Release
Semi Annual Report
Annual Report
Part F Schedule of Investments 9/30/2022
Part F Schedule of Investments 03/31/2023

Fund Data & Pricing

Data as of 12/08/2023
Net Assets as of 12/08/2023
$31.98M

NAV

$35.53

Shares Outstanding

900,000

Premium/Discount Percentage

0.07%

Closing Price

$35.56

30 Day Median Bid/Ask Spread

0.12%

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund’s NAV every fifteen seconds throughout the trading day.

Outcome Period Values

Data as of 01/01/1970

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

ETF Starting NAV/Period Return

SPX Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

/0.0%

ETF Starting NAV/Period Return SPX Index Reference Price Downside Buffer Expected Upside Participation Days Remaining
29.24 4796 10 70-72% 362

Outcome Period Values

Data as of 01/01/1970

ETF Starting NAV/Period Return

/0.0%

SP Index Reference Price

Downside Buffer

Expected Upside Participation

Days Remaining

Current Outcome Period Values

Data as of 12/08/2023

ETF Current NAV/Period Return

35.53/

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

-19279

Current Outcome Period Values

Data as of 12/08/2023
ETF Current NAV/Period Return SPX Period Return Remaining Buffer Downside Before Buffer Remaining Outcome Period
29.24 4796 10 70-72% 362

ETF Current NAV/Period Return

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

$35.53
-19279 days

Performance

Data as of 11/30/2023

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

6.70
6.80
36.96
–
7.74

Fund NAV

6.57
6.80
36.69
–
7.72
NASDAQ Composite Total Return Index
1.57
10.42
25.13
–
15.37

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

6.70
6.80
36.96
–
7.74

Fund NAV

6.57
6.80
36.69
–
7.72
NASDAQ Composite Total Return Index
1.57
10.42
25.13
–
15.37

Performance

Data as of 11/30/2023
3 Month 6 Month 1 year 5 Year Since Inception
Market Price 8.18 8.31 21.66 21.66
Fund NAV 8.27 8.12 21.66 21.65
S&P 500 10.65 10.91 26.89 26.89

3 Month

6 Month

1 Year

5 Year

Since Inception

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

6.70
6.80
36.96
–
7.74

Fund NAV

6.57
6.80
36.69
–
7.72
NASDAQ Composite Total Return Index
1.57
10.42
25.13
–
15.37
Expense ratio: 0.68%

Performance data quoted on this website represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold in the secondary market, may be worth more or less than the original cost. Investors will incur usual and customary brokerage commissions when buying or selling shares of the exchange-traded funds (“ETFs”) in the secondary market, and that, if reflected, the brokerage commissions would reduce the performance returns. Current performance may be lower or higher than the performance shown. Shares are bought and sold at market price not net asset value (“NAV”) and are not individually redeemable from the fund. Call 877.774.TRUE for more information. Click here to view or download the factsheet for quarter-end standardized performance.

Index performance does not represent TrueShares fund performance. It is not possible to invest directly in an index. All performance figures assume reinvestment of dividend and capital gains at net asset value; actual returns may differ. Performance 1-year and less are cumulative; performance over 1-year are average annualized total returns. Market price performance is determined using the bid/ask midpoint at 4:00pm Eastern time, when the NAV is typically calculated. NAV price performance is determined using the daily calculated NAV. They do not represent the returns you would receive if you traded shares at other times. Performance figures do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or upon redemption or sale of fund shares.

The NASDAQ Composite is a stock market index of the common stocks and similar securities listed on the NASDAQ stock market. The index measures the performance of all domestic and international based common type stocks listed on the NASDAQ Stock Market. It includes common stocks, ordinary shares, ADRs, shares of beneficial interest or limited partnership interests and tracking stocks. The index is market capitalization-weighted. The composition of the NASDAQ Composite is heavily weighted towards information technology companies.

Distribution Detail

Ex-Date Record Date Payable Date Amount
12/22/2020 12/23/2020 12/24/2020 0.00
DOWNLOAD PREMIUM DISCOUNT INFORMATION

Top 10 Holdings

Data as of 12/11/2023
% of Net Assets 9.36%
Name Cash & Other
Ticker Cash&Other
CUSIP Cash&Other
Shares Held 2,992,517
Market Value 2.99M
% of Net Assets 7.42%
Name NVIDIA CORPORATION
Ticker NVDA
CUSIP 67066G104
Shares Held 4,998
Market Value 2.37M
% of Net Assets 7.32%
Name SAMSARA INC
Ticker IOT
CUSIP 79589L106
Shares Held 69,524
Market Value 2.34M
% of Net Assets 6.72%
Name CROWDSTRIKE HLDGS INC
Ticker CRWD
CUSIP 22788C105
Shares Held 8,865
Market Value 2.15M
% of Net Assets 6.42%
Name SNOWFLAKE INC
Ticker SNOW
CUSIP 833445109
Shares Held 10,771
Market Value 2.05M
% of Net Assets 6.06%
Name ELASTIC N V
Ticker ESTC
CUSIP N14506104
Shares Held 16,736
Market Value 1.94M
% of Net Assets 5.15%
Name ADVANCED MICRO DEVICES INC
Ticker AMD
CUSIP 007903107
Shares Held 12,780
Market Value 1.65M
% of Net Assets 4.94%
Name SENTINELONE INC
Ticker S
CUSIP 81730H109
Shares Held 65,793
Market Value 1.58M
% of Net Assets 4.81%
Name ZSCALER INC
Ticker ZS
CUSIP 98980G102
Shares Held 7,741
Market Value 1.54M
% of Net Assets 4.71%
Name DATADOG INC
Ticker DDOG
CUSIP 23804L103
Shares Held 13,233
Market Value 1.51M
DOWNLOAD FULL HOLDINGS

Top 10 Holdings

Data as of 12/11/2023
% of Net Assets Name Ticker CUSIP Shares Held Market Value
9.36% Cash & Other Cash&Other Cash&Other 2,992,517 2.99M
7.42% NVIDIA CORPORATION NVDA 67066G104 4,998 2.37M
7.32% SAMSARA INC IOT 79589L106 69,524 2.34M
6.72% CROWDSTRIKE HLDGS INC CRWD 22788C105 8,865 2.15M
6.42% SNOWFLAKE INC SNOW 833445109 10,771 2.05M
6.06% ELASTIC N V ESTC N14506104 16,736 1.94M
5.15% ADVANCED MICRO DEVICES INC AMD 007903107 12,780 1.65M
4.94% SENTINELONE INC S 81730H109 65,793 1.58M
4.81% ZSCALER INC ZS 98980G102 7,741 1.54M
4.71% DATADOG INC DDOG 23804L103 13,233 1.51M
DOWNLOAD FULL HOLDINGS

Keep up with the latest LRNZ news

    Keep up with the latest LRNZ ETF news

    Keep up with the latest LRNZ news

        Request a meeting with our investment team

        433 W. Van Buren Street, 1100-E
        Chicago, IL 60607
        Email: info@true-shares.com
        Phone: 877.774.TRUE

        ©2022, TrueShares, ©2022 TrueMark Investments, LLC. (“TrueMark”).
        The 30-Day Yield represents net investment income earned by the Fund over the 30-Day period ended 6/30/2022, expressed as an annual percentage rate based on the Fund’s share price at the end of the 30-Day period.

        Before investing, carefully consider the TrueShares ETFs investment objectives, risks, charges and expenses. Specific information about TrueShares is contained in the prospectus and a summary prospectus, copies of which may be obtained by visiting www.www.true-shares.com. Read the prospectus carefully before you invest. Foreside Fund Services, LLC.

        An investment in TrueShares is subject to numerous risks, including possible loss of principal. The ETFs are subject to the following principal risks: Authorized Participants, Market Makers, and Liquidity Providers Concentration Risk associated with ETFs; Equity Market Risk; Management Risk; Market Capitalization Risk (Large Cap; Mid Cap, Small Cap Stock); Market Risk; New Fund Risk: The Fund is a recently organized, non-diversified management investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision. Additionally, the Adviser has not previously managed a registered fund, which may increase the risks of investing in the Fund.

        The TrueShares AI & Deep Learning ETF (AI ETF) is also subject to the following risks: Artificial Intelligence, Machine Learning and Deep Learning Investment Risk – the extent of such technologies’ versatility has not yet been fully explored. There is no guarantee that these products or services will be successful and the securities of such companies, especially smaller, start-up companies, are typically more volatile than those of companies that do not rely heavily on technology. Foreign Securities Risk -The Fund invests in foreign securities which involves certain risks such as currency volatility, political and social instability and reduced market liquidity. Growth Investing Risk – The risk of investing in growth stocks that may be more volatile than other stocks because they are more sensitive to investor perceptions of the issuing company’s growth potential. IPO Risk – The Fund may invest in companies that have recently completed an initial public offering that are unseasoned equities lacking a trading history, a track record of reporting to investors, and widely available research coverage. IPOs are thus often subject to extreme price volatility and speculative trading. New Issuer Risk – Investments in shares of new issuers involve greater risks than investments in shares of companies that have traded publicly on an exchange for extended periods of time. Non-Diversification Risk – The Fund is non-diversified which means it may be invested in a limited number of issuers and susceptible to any economic, political and regulatory events than a more diversified fund.

        Individual investors should contact their financial advisor or broker dealer representative for more information on TrueShares ETFs.

        Investment Products and Services are: Not FDIC INSURED / May lose value / No bank guarantee.

        All registered investment companies, including TrueShares, are obliged to distribute portfolio gains to shareholders at year-end regardless of performance. Trading in TrueShares ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer.

        TrueShares ETFs are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

        ETF shares may be bought or sold throughout the day at their market price, not their NAV, on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market.

        ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF’s NAV. Brokerage commissions and ETF expenses will reduce returns.

        TrueShares ETFs (the “Funds”) are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940 and are distributed by Foreside Funds Services, LLC, member FINRA.

        TrueMark Investments, LLC, not an affiliate of Foreside Fund Services, LLC, is the investment advisor to the Funds and receives a fee from the Funds for its services.

        TrueShares ETFs are offered only to United States residents, and information on this site is intended only for such persons. Nothing on this website should be considered a solicitation to buy nor an offer to sell shares of any fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.