PVEX – TrueShares ConVequityt ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation with the potential for lower volatility relative to the broader U.S. large cap equity market. The fund is an actively managed exchange-traded fund (“ETF”) that aims to provide the benefits of partial U.S. large cap equity market exposure while mitigating a meaningful portion of the risk posed by a decline in U.S. large cap equity markets. The fund is non-diversified.

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
PVEX	TrueShares ConVequity ETF	ETF	Open	—		Jun 27, 2025	$57.71M	0.820%	—	—	$51.18M

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