OVHEX – Overlay Shares Hedged Equity Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested, directly or indirectly through ETFs, in equity securities. For purposes of this policy, the managers define “equity securities” to mean common and preferred stocks, rights, warrants, depositary receipts, equity interests in real estate investment trusts, and master limited partnerships. It 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
OVHEX	Overlay Shares Hedged Equity Fund	No Load	Open	—	—	Jul 10, 2026	$2,068.00	2.490%	High	$1,000	—

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