MKAM ETF

An attractive return with less downside risk.

Methodology

The ETF’s objective is to deliver market returns with less downside risk. The ETF utilizes our proprietary algorithm that combines valuation and trend. Our advisory firm has used the algorithm to guide our asset allocation decisions for years. Now, we will offer it directly to investors through an ETF.

Fund Objective

The Fund’s investment objective seeks to capture the majority of equity market returns, while exposing investors to less volatility and downside risk than other equity investments.

Fund Documents

Fund Details

1
1	Ticker	MKAM
2	Fund Type	Active
3	CUSIP	02072L490
4	Exchange	Nasdaq
5	Inception	2023-04-11
6	Net Assets	$12.04 million
7	Gross Expense Ratio	0.53%
8	30-Day Bid/Ask Spread	0.1%
9	As of Date	2026-03-03

NAV and Market Price

Field	Last	1-Day Change ($)	1-Day Change (%)
NAV	$30.88	$0	-0.01%
Market Price	$30.9	$0.03	0.11%
Premium / Discount	0.06%

NAV is the sum of all assets less any liabilities, divided by the number of shares outstanding.

Month-End Performance

As of Date
02/28/2026

Fund_Ticker	Type	YTD	1 Month	3 Month	6 Month	1 Year	3 Year	5 Year	10 Year	Since Inception	As of Date
MKAM	MKT	0.38	-0.34	0.64	4.33	7.41				9.94	02/28/2026
MKAM	NAV	0.54	-0.33	0.69	4.34	7.50				9.97	02/28/2026

Quarter-End Performance

As of Date
12/31/2025

Fund_Ticker	Type	YTD	1 Month	3 Month	6 Month	1 Year	3 Year	5 Year	10 Year	Since Inception	As of Date
MKAM	MKT	8.07	0.26	1.85	6.45	8.07				10.41	12/31/2025
MKAM	NAV	7.96	0.14	1.77	6.42	7.96				10.37	12/31/2025

Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate so shares may be worth more or less when redeemed or sold. Current performance may be lower or higher than that quoted.

Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative. YTD is year-to-date and ITD is inception-to-date.

Historical Premium / Discount

Completed Calendar Quarters of Current Year

Period	Days Traded at Premium	Days Traded at Discount
2025 Q4	31	26
2025 Q3	33	26
2025 Q2	27	26
2025	116	105

The fund is traded at a premium if the price of the fund is trading above its NAV. Conversely, the fund is traded at a discount if the price of the fund is trading below its NAV.

Most Recent Completed Calendar Year

Days Traded at Premium	Days traded at Discount
116	105

Fund Distributions

Ex Date	Record Date	Payable Date	Income	Total Distro
06/28/2023	06/29/2023	06/30/2023	0.0989	0.0989
09/27/2023	09/28/2023	09/29/2023	0.0860	0.0860
12/20/2023	12/21/2023	12/22/2023	0.2671	0.2671
03/26/2024	03/27/2024	03/28/2024	0.0970	0.0970
06/27/2024	06/27/2024	06/28/2024	0.1417	0.1417
09/27/2024	09/27/2024	09/30/2024	0.0878	0.0878
12/30/2024	12/30/2024	12/31/2024	0.2233	0.2233
03/28/2025	03/28/2025	03/31/2025	0.0845	0.0845
06/27/2025	06/27/2025	06/30/2025	0.2314	0.2314
09/29/2025	09/29/2025	09/30/2025	0.1632	0.1632

Fund Holdings

Ticker	Name	CUSIP	Shares	Price	Market Value ($mm)	% of Net Assets
FGXXX	First American Government Obligations Fund 12/01/2031	31846V336	44,621	100.00	0.04	0.37
IVV	iShares Core S&P 500 ETF	464287200	9,464	689.45	6.52	54.18
SGOV	iShares 0-3 Month Treasury Bond ETF	46436E718	37,570	100.38	3.77	31.32
91282CCP4	United States Treasury Note/Bond 0.625% 07/31/2026	91282CCP4	49,000	98.77	0.05	0.40
91282CNL1	United States Treasury Note/Bond 3.75% 06/30/2027	91282CNL1	417,000	100.28	0.42	3.47
91282CPL9	United States Treasury Note/Bond 3.375% 11/30/2027	91282CPL9	1,219,000	99.79	1.22	10.10
Cash&Other	Cash & Other		18,612	1.00	0.02	0.15

Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.