Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' prospectuses, which may be obtained by calling 866-TCTL-ETF (866-828-5383). Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. The fund is new with limited operating history. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Investments in the fund include risks associated with small-and mid-cap securities, foreign and emerging market securities, fixed income and high yield securities, REIT securities, ETF investment risk, model risk and tracking error. Please refer to the prospectus for additional information about the risks of investing in the fund.
Premise Capital®, LLC is the adviser to the Premise Capital® Frontier Advantage™ Diversified Tactical ETF which is distributed by Quasar Distributors, LLC.
The Premise Capital® Frontier Advantage™ Diversified Tactical Index consists of an investible portfolio of ETFs ("Underlying ETFs") with exposure to major U.S.and non-U.S. asset classes. The weighting of each Underlying ETF is adjusted to (i) reduce exposure to individual asset classes determined to be in a downward trend (the "Trend Adjustment") and (ii) reduce overall exposure to equity asset classes from an aggressive posture of approximately 90% equities (10% fixed income and cash) toward a conservative posture of approximately 10% equities (90% fixed income and cash) as the aggregate size of equity asset classes determined to be in a downward trend grows (the "Risk Adjustment"). Diversification does not assure a profit or protect against a loss in a declining market. The efficient frontier is the set of optimal portfolios that offers the highest expected return for a defined level of risk or the lowest risk for a given level of expected return.
Premise Capital, LLC, is an investment adviser headquartered at 300 East 5th Avenue, Suite 265, Naperville, IL 60563. Phone: 630.596.9911. If you would like to obtain a copy of our disclosure brochure that explains our services, fees and other important information please go to SEC's website at adviserinfo.sec.gov.