FDGR — Foundations Dynamic Growth ETF

FDGR Fund Overview

FDGR — Foundations Dynamic Growth ETF is a US ETF managed by Two Roads Shared Trust, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: Two Roads Shared Trust
• Category: United States Large Cap Growth Equity
• Assets under management: $2.59M
• 1-year return: 13.5%
• Ticker: FDGR
• SEC CIK: 0001552947
• SEC series ID: S000080858
• Share class ID: C000243428

FDGR Investment Objective and Strategy

Foundations Dynamic Growth ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Two Roads Shared Trust.

Investment objective

The Foundations Dynamic Growth ETF (the Fund) seeks capital appreciation.

Principal investment strategy

The Fund is an actively managed exchange-traded fund (ETF) that, under normal market conditions, primarily invests, directly or indirectly, in equity securities and other instruments with exposure to the growth-focused U.S. equity market. Utilizing V-Mod (defined below), the Sub-Adviser actively manages the Funds exposure to the growth-focused U.S. equity market based on the level of intraday volatility of the market. The Fund will consist of investments that represent the broad growth-focused U.S. equity market. The Sub-Adviser defines growth-focused equity securities as the stocks of companies that are expected to increase their profits (or revenues) at faster-than-average rates. The Fund will be invested primarily in passively managed ETFs that provide broad growth-focused U.S. equities market exposure and seek to track U.S.

growth equity indices, as selected by the Sub-Adviser. The Fund expects to be invested primarily in ETFs that invest in the equity securities of large-capitalization companies, although the Fund may also invest to a lesser extent in ETFs that invest in the equity securities of medium- or small-capitalization companies. The Funds portfolio components will be reviewed by the Sub-Adviser no less than quarterly to determine any changes to individual portfolio components and/or weights. The Sub-Adviser will utilize market cap-weighted funds with a growth-style bias and total market funds to provide diversification. To actively manage volatility and adjust the exposure of the portfolio, the Sub-Adviser will measure intraday volatility daily using a market volatility measurement and forecasting model (the V-Mod).

The V-Mod is a third-party proprietary intraday volatility technology which provides daily updates to the Sub-Adviser based on a target volatility range of approximately 10%. The Funds actual volatility level for longer or shorter periods may be materially higher or lower than the target depending on market conditions. Volatility measures the range of returns of a security, fund or index, as indicated by the standard deviation of its returns. Higher volatility generally indicates higher risk and is often reflected by frequent and sometimes significant movements up and down in value. A volatility target does not provide any assurance about the maximum loss for an investor in the Fund. The Sub-Adviser will use its own trading discretion to determine the size and frequency of reallocations within the Fund portfolio, as informed by V-Mod.

It is expected that the Fund will be rebalanced to adjust for market fluctuations no less than quarterly but could be more frequently as needed to maintain weights for volatility targets. When volatility increases above target intraday range, the Sub-Adviser may reduce equity exposure and reallocate up to 100% of portfolio investments to cash alternative positions, such as short-term cash equivalents including, but not limited to, Treasury bills and bonds, inflation-protected securities and debt instruments. When volatility decreases below target intraday range, the Sub-Adviser may increase the Funds overall equity exposure to up to 150% of the Funds net assets through investments in NASDAQ 100 Index futures. Although the Fund normally does not engage in any direct borrowing, leverage is inherent in the derivatives it trades.

While Federal law limits bank borrowings to one-third of a funds assets (which includes the borrowed amount), the use of derivatives is not limited the same manner. Leverage magnifies exposure to the swings in prices of the reference asset underlying a derivative and results in increased volatility, which means the Fund will generally have the potential for greater gains, as well as the potential for greater losses, than a fund that does not use derivatives. The Fund may engage in active and frequent trading.

FDGR Holdings

Top 5 holdings of Foundations Dynamic Growth ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all FDGR holdings

FDGR Portfolio Allocation

Asset-class allocation of Foundations Dynamic Growth ETF by percentage of net assets, from the latest SEC N-PORT filing.

FDGR Performance

Total returns for FDGR (as of 2026-10-01), from SEC filings.

FDGR Risk Information

Risk metrics for FDGR, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 14.2%

FDGR Costs and Fees

FDGR costs about $79 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.79%
• Gross expense ratio: 0.79%
• Portfolio turnover: 0%
• Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

FDGR Cashflows

Over the 12 months to 2025-04, Foundations Dynamic Growth ETF had net outflows of $141.13K, from monthly SEC N-PORT filings.

FDGR Debt Constituents

No individual debt constituents are reported in Foundations Dynamic Growth ETF's latest SEC N-PORT filing.

FDGR Prospectus and SEC Filings

Official Foundations Dynamic Growth ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2024-11-27
• Prospectus (485BPOS) — filed 2023-09-14
• Portfolio holdings (N-PORT) — filed 2025-06-24
• Portfolio holdings (N-PORT) — filed 2025-03-28
• Portfolio holdings (N-PORT) — filed 2024-12-27
• Annual census (N-CEN) — filed 2024-10-11

Related Funds

Other United States Large Cap Growth Equity funds tracked on ABC INVEST:

• Invesco QQQ Trust, Series 1 (QQQ)
• Growth Fund Of America (AGTHX)
• iShares Russell 1000 Growth ETF (IWF)
• JPMorgan Large Cap Growth Fund (SEEGX)
• Fidelity Growth Company Fund (FDGRX)

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.