FAIR — Newday Diversity, Equity & Inclusion ETF

FAIR Fund Overview

FAIR — Newday Diversity, Equity & Inclusion ETF is a US ETF managed by Tidal Trust I, categorised as Emerging Markets Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Tidal Trust I
• Category: Emerging Markets Blend / Core Equity
• Ticker: FAIR
• SEC CIK: 0001742912
• SEC series ID: S000075594
• Share class ID: C000234815

FAIR Investment Objective and Strategy

Newday Diversity, Equity & Inclusion ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tidal Trust I.

Investment objective

The Newday Diversity, Equity & Inclusion ETF (the “Fund” or the “DEI ETF”) seeks to capture long-term capital appreciation.

Principal investment strategy

The Fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing primarily in equity securities of DEI Companies (defined below). Under normal market conditions, the Fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in DEI Companies. The Fund categorizes a “DEI Company” as a company that prioritizes hiring minority community members at all levels of its organization, including, executive level and board membership and has disclosed evidence through its internal programs and policies that all employees have equal opportunities for advancement. The Fund prefers to invest in companies that demonstrate levels of hiring of minority community members in their workforce, in their management, and on their board roughly proportionate to overall demographic representations where such companies are located and where such information is available.

Diversity, Equity and Inclusion Criteria In order to identify investment candidates for the Fund, the Fund’s sub-adviser, Newday Funds, Inc., doing business as Newday Impact (“Newday” or the “Sub-Adviser”), analyzes the Fund’s investable universe utilizing a proprietary, mathematically-driven screening methodology. The Sub-Adviser begins its analysis by screening an initial universe of: (i) U.S.-listed companies whose securities comprise approximately ninety-five percent of the market capitalization of securities listed on U.S. stock exchanges; and (ii) companies whose securities are listed on foreign stock exchanges and that are domiciled in one of the 22 developed markets or 24 emerging markets listed below that, in aggregate, represent approximately 85% of the global equity opportunity set outside of the U.S.

The Fund may invest in the securities of foreign companies either directly (via securities listed on foreign stock exchanges) or indirectly via American Depositary Receipts (“ADRs”), which are listed on U.S. exchanges. The Sub-A

FAIR Costs and Fees

FAIR costs about $75 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.75%
• Gross expense ratio: 0.75%

FAIR Debt Constituents

No individual debt constituents are reported in Newday Diversity, Equity & Inclusion ETF's latest SEC N-PORT filing.

FAIR Prospectus and SEC Filings

Official Newday Diversity, Equity & Inclusion ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2024-09-24

Related Funds

Other Emerging Markets Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity Emerging Markets Fund (FGOMX)
• iShares MSCI South Korea ETF (EWY)
• Strategic Advisers Emerging Markets Fund (FSAMX)
• iShares MSCI Taiwan ETF (EWT)
• iShares MSCI Brazil ETF (EWZ)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.