USMD – CoreValues America First Technology ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a portfolio primarily comprised of U.S. exchange-listed companies that the fund’s sub-adviser, MSA Power Funds LLC identifies as likely to benefit from the advancement of strategic and emerging technologies critical to national innovation, security and industrial leadership in the United States. Under normal circumstances, at least 80% of the fund’s net assets will be invested in equity securities of America First Technologies companies.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
USMD	CoreValues America First Technology ETF	ETF	Open	—	—	Feb 5, 2026	$302,723.00	0.870%	—	—	—

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