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 06/30/2024

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

-0.43

Fund Data & Pricing

Data as of 07/24/2024
Net Assets as of 07/24/2024
$36.66M

NAV

$36.66

Shares Outstanding

1,000,000

Premium/Discount Percentage

0.04%

Closing Price

$36.67

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 06/30/2024

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

-0.43

Fund Materials

Fund Materials

Fund Data & Pricing

Data as of 07/24/2024
Net Assets as of 07/24/2024
$36.66M

NAV

$36.66

Shares Outstanding

1,000,000

Premium/Discount Percentage

0.04%

Closing Price

$36.67

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 07/24/2024

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.

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Fund Materials

Fund Data & Pricing

Data as of 07/24/2024
Net Assets as of 07/24/2024
$36.66M

NAV

$36.66

Shares Outstanding

1,000,000

Premium/Discount Percentage

0.04%

Closing Price

$36.67

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 07/24/2024

ETF Current NAV/Period Return

36.66/

SPX Period Return

Remaining Buffer

Downside Before Buffer

Remaining Outcome Period

-19279

Current Outcome Period Values

Data as of 07/24/2024
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

$36.66
-19279 days

Performance

Data as of 06/30/2024

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

1.07
3.40
23.69
11.16

Fund NAV

1.04
3.32
23.74
11.16
NASDAQ Composite Total Return Index
8.47
18.57
29.61
19.20

3 Month

6 Month

1 Year

5 Year

Since Inception

Market Price

1.07
3.40
23.69
11.16

Fund NAV

1.04
3.32
23.74
11.16
NASDAQ Composite Total Return Index
8.47
18.57
29.61
19.20
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.

Performance

Data as of 06/30/2024
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

1.07
3.40
23.69
11.16

Fund NAV

1.04
3.32
23.74
11.16
NASDAQ Composite Total Return Index
8.47
18.57
29.61
19.20
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 Rate Type
12/22/2020 12/23/2020 12/24/2020 0.00 -

Top 10 Holdings

Data as of 07/25/2024
% of Net Assets 17.28%
Name NVIDIA Corp
Ticker NVDA
CUSIP 67066G104
Shares Held 55,432
Market Value 6.33M
% of Net Assets 7.46%
Name Samsara Inc
Ticker IOT
CUSIP 79589L106
Shares Held 77,244
Market Value 2.74M
% of Net Assets 6.93%
Name Crowdstrike Holdings Inc
Ticker CRWD
CUSIP 22788C105
Shares Held 9,845
Market Value 2.54M
% of Net Assets 5.60%
Name Advanced Micro Devices Inc
Ticker AMD
CUSIP 007903107
Shares Held 14,200
Market Value 2.05M
% of Net Assets 5.60%
Name Elastic NV
Ticker ESTC
CUSIP N14506104
Shares Held 18,586
Market Value 2.05M
% of Net Assets 4.98%
Name Cloudflare Inc
Ticker NET
CUSIP 18915M107
Shares Held 24,007
Market Value 1.82M
% of Net Assets 4.91%
Name Eli Lilly & Co
Ticker LLY
CUSIP 532457108
Shares Held 2,091
Market Value 1.80M
% of Net Assets 4.71%
Name Datadog Inc
Ticker DDOG
CUSIP 23804L103
Shares Held 14,703
Market Value 1.72M
% of Net Assets 4.67%
Name SentinelOne Inc
Ticker S
CUSIP 81730H109
Shares Held 73,103
Market Value 1.71M
% of Net Assets 4.46%
Name ServiceNow Inc
Ticker NOW
CUSIP 81762P102
Shares Held 2,239
Market Value 1.64M

Top 10 Holdings

Data as of 07/25/2024
% of Net Assets Name Ticker CUSIP Shares Held Market Value
17.28% NVIDIA Corp NVDA 67066G104 55,432 6.33M
7.46% Samsara Inc IOT 79589L106 77,244 2.74M
6.93% Crowdstrike Holdings Inc CRWD 22788C105 9,845 2.54M
5.60% Advanced Micro Devices Inc AMD 007903107 14,200 2.05M
5.60% Elastic NV ESTC N14506104 18,586 2.05M
4.98% Cloudflare Inc NET 18915M107 24,007 1.82M
4.91% Eli Lilly & Co LLY 532457108 2,091 1.80M
4.71% Datadog Inc DDOG 23804L103 14,703 1.72M
4.67% SentinelOne Inc S 81730H109 73,103 1.71M
4.46% ServiceNow Inc NOW 81762P102 2,239 1.64M

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