LUXE — Emles Luxury Goods ETF

LUXE Fund Overview

LUXE — Emles Luxury Goods ETF is a US ETF managed by Emles Trust, categorised as Global (incl. US) 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: Emles Trust
• Category: Global (incl. US) Blend / Core Equity
• Assets under management: $4.62M
• 1-year return: -27.7%
• Ticker: LUXE
• SEC CIK: 0001755351
• SEC series ID: S000070037
• Share class ID: C000222945

LUXE Investment Objective and Strategy

Emles Luxury Goods ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Emles Trust.

Investment objective

The Emles Luxury Goods ETF (the Fund) seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Emles Global Luxury 50 Index (the Index).

Principal investment strategy

The Fund attempts to replicate the Index by investing all, or substantially all (at least 80%), of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index. As of October 22, 2021, there were 50 issues in the Index. The Index is comprised of global equities that provide exposure to the Indexs theme of luxury goods, as described below. The eligible universe of the Index consists of those companies whose principal business is offering products or providing services related to: accessories, alcohol, apparel, athleisure, beauty, home, jewelry, and vehicles, among others (each of the foregoing, a sub-theme). Companies relevant to the Indexs global luxury goods theme will include those that, based on Emles Indexing LLCs (the Index Provider) own internal research and analysis, focus on and significantly benefit from sales and consumption of luxury goods globally and have a reasonably estimated revenue derived therefrom of at least 50%.

To the extent practicable, weights are adjusted to generally limit each security to consist of no more than 8% of the entire portfolio value. The Index Provider analyzes the eligible companies in accordance with its proprietary methodology, which uses publicly available information, such as annual reports, business descriptions, and financial news, to rate and weight the companies based on the degree to which the company, including its products or services, provides exposure to the applicable sub-theme(s). Securities included in the Index must have, for at least six months prior to inclusion in the Index, an average daily trading value of $25 million. Eligible securities must also have a share price of at least $1.00 at the date of inclusion in the Index and a minimum market valuation of $100 million.

Securities valued in foreign currencies will be included in the Index based on their local currency equivalents at the prevailing exchange rate. Securities must meet the above requirements at that time in which they are selected to be included in the index, including upon rebalancing. The Index Providers Index Committee may determine to include a security with less than $25 million average daily trading value, provided it satisfies the remaining inclusion criteria and is deemed appropriate for inclusion in the Index. The Index seeks to rebalance quarterly, and under certain circumstances, such as a merger between two Index constituents, a special rebalance will be completed to maintain the Indexs weighting scheme. The Index Providers methodology does not require that at least one company from each of the sub-themes be included in the Index.

In addition, companies included in the Index may also operate business lines that generate revenue in other sub-themes. Emles Indexing LLC (an affiliate of the Emles Advisors LLC (the Adviser)) is the index provider for the Index. S&P Opco, LLC (a subsidiary of S&P Dow Jones Indices LLC) (S&P) is the calculation agent for the Index and independently prices the Index on a continuous basis during equity market hours. The Fund has adopted procedures pursuant to Rule 17j-1 of the Investment Company Act of 1940, as amended (the 1940 Act) and the Adviser has adopted procedures to address any potential conflicts in accordance with Rule 204(A)(1) of the Investment Advisers Act of 1940. These procedures address the types of conflicts that may arise in connection with a self-indexing fund.

The Adviser uses a passive or indexing approach to try to achieve the Funds investment objective. The Fund does not try to beat the index it tracks and would not necessarily sell a security because of overall market decline or if a certain issuer was experiencing financial troubles or appeared overvalued, unless that issuers security was removed from the Index. Indexing may eliminate the chance that the Fund will substantially outperform the Index but also may reduce some of the risks of active management, such as poor security selection. Indexing seeks to achieve lower costs and better after-tax performance by keeping portfolio turnover low in comparison to actively managed investment companies. The Adviser uses a full replication strategy, an indexing strategy that involves investing in all securities from the Index that collectively has an investment profile similar to that of the Index.

The securities selected are expected to have, in the aggregate, investment characteristics (based on factors such as market value and industry weightings) and liquidity measures similar to those of the Index. The Fund may or may not hold all of the securities in the Index. The Fund seeks to invest from 80% (at the minimum) to significantly all of its net assets (plus borrowings for investment purposes) in the component securities of the Index. To the extent holding the component securities of the Index is not practicable, the Fund may invest in American Depository Receipts (ADRs).

LUXE Performance

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

LUXE Risk Information

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

• 1-year volatility (annualised): 23.3%

LUXE Costs and Fees

LUXE costs about $60 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.60%
• Gross expense ratio: 0.60%
• Portfolio turnover: 61%
• Brokerage commissions: 10.50 bps of average net assets (SEC N-CEN)

LUXE Cashflows

Over the 12 months to 2022-09, Emles Luxury Goods ETF had net inflows of $5.47M, from monthly SEC N-PORT filings.

LUXE Debt Constituents

No individual debt constituents are reported in Emles Luxury Goods ETF's latest SEC N-PORT filing.

LUXE Prospectus and SEC Filings

Official Emles Luxury Goods ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus supplement (497) — filed 2022-03-11
• Prospectus supplement (497) — filed 2020-12-09
• Portfolio holdings (N-PORT) — filed 2022-11-29
• Portfolio holdings (N-PORT) — filed 2022-08-26
• Portfolio holdings (N-PORT) — filed 2022-05-25
• Annual census (N-CEN) — filed 2022-09-13
• Annual census (N-CEN) — filed 2021-09-13

Related Funds

Other Global (incl. US) Blend / Core Equity funds tracked on ABC INVEST:

• Strategic Advisers Fidelity International Fund (FUSIX)
• Strategic Advisers International Fund (FILFX)
• First American Multi-Manager International Equity Fund (FAIEX)
• Symmetry Panoramic International Equity Fund (SPILX)
• FPA Paramount Fund, Inc. (FPRAX)

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.