The first half of 2026 closed with the fund at +14.14% (MKT) year-to-date, continuing to outpace the S&P 500 at +9.55% and the S&P 500 Equal Weight at +11.11%. June was a modest give-back month for the fund, roughly flat, as the broader market snapped a two-month winning streak and mega-cap technology came under pressure. The S&P 500 declined approximately -1.1% for the month, its first negative month since March, while narrow AI-linked leadership gave way to broader particip

Energy and Materials Anchor a Strong Month The fund closed May at fresh all-time highs, delivering +15.82% (MKT) year-to-date against the S&P 500 at +10.73% and the S&P 500 Equal Weight at +8.74%. Equity markets staged one of their strongest two-month stretches in years, and we are pleased to have continued to outperform across the rally. Energy and Materials remain firmly in the top tier of the system with no sign of losing those positions, and the broadening of strength int

AMID TECH STRENGTH EHLS & Indices YTD EHLS Up +13.16% YTD (MKT, 4/30/2026) Explore our daily released fact sheet for a closer look at recent portfolio highlights. View Fact Sheet The chart reflects market prices (MKT). The fund's expense ratio is 2.62%, which includes estimated dividends and interest expense on short positions. If this were excluded, the expense ratio would be 1.15%. The fund's inception was 4/2/2024. The performance data quoted represents past performance. P