TTTN — UP Fintech China-U.S. Internet Titans ETF

TTTN Fund Overview

TTTN — UP Fintech China-U.S. Internet Titans ETF is a US ETF managed by TIGERSHARES Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US ETF
• Manager: TIGERSHARES Trust
• Category: Money Market
• Assets under management: $16.21M
• Ticker: TTTN
• SEC CIK: 0001743019
• SEC series ID: S000063450
• Share class ID: C000205599

TTTN Investment Objective and Strategy

UP Fintech China-U.S. Internet Titans ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by TIGERSHARES Trust.

Investment objective

"The TigerShares China-U.S. Internet Titans ETF (the ""Fund"") seeks to provide investment results that closely correspond, before fees and expenses, to the performance of a specific equity securities index. The Fund's current index is the Nasdaq China US Internet Tiger Index (the ""Underlying Index"")."

Principal investment strategy

"Under normal circumstances, the Fund will invest at least 80% of its assets, exclusive of any collateral held from securities lending, in the components of the Underlying Index, depositary receipts representing such components and securities underlying depositary receipts in the Underlying Index. The Underlying Index is designed to track the performance of the 10 largest publicly-traded Chinese Internet companies and the 10 largest publicly-traded U.S. Internet companies. The constituents of the Underlying Index are weighted according to their market capitalization, but their weights are modified so that, as of each rebalance: (1) the maximum weight of any constituent does not exceed 8% of the Underlying Index and no more than five constituents are 8% of the Underlying Index; (2) any remaining constituents whose weight exceeds 4% are capped at 4% of the Underlying Index; and (3) any excess weight is redistributed proportionally across the remainder of the Underlying Index constituents.

As of the inception date of the Underlying Index, this resulted in the largest five constituents each constituting 8% of the Underlying Index and 15 constituents each constituting 4% of the Underlying Index. The U.S. components of the Underlying Index are the 10 largest companies by market capitalization included in the NASDAQ Internet Index that are incorporated in the U.S. The Chinese components of the Underlying Index are the 10 largest companies by market capitalization whose primary business includes the provision of internet-related services, as determined by Nasdaq, Inc., the provider of the Underlying Index and that are: (1) incorporated or domiciled in China; and (2) either members of the NASDAQ Global Index or listed in the U.S. The Fund may invest up to 20% of its assets in instruments that are not included in the Underlying Index, but that Wealthn LLC, the Fund's investment adviser (''Wealthn''), or the Fund's subadviser, Vident Investment Advisory, LLC (""VIA""), believe will help the Fund track the Underlying Index.

These investments may include equity securities and depositary receipts of issuers whose securities are not components of the Underlying Index, other investment companies (including ETFs) and cash or cash equivalents (including money market funds). The other investment companies in which the Fund may invest may be advised, sponsored or otherwise serviced by Wealthn, VIA and/or their affiliates. Although the Fund reserves the right to ""representative sample"" the Underlying Index, the Fund expects to use a replication methodology to seek to track the Underlying Index. As of September 28, 2018, the Underlying Index was comprised of 20 securities of companies with a market capitalization range of $4.8 billion to $981.7 billion and an average market capitalization of $181.7 billion. The Underlying Indexed is rebalanced and reconstituted quarterly.

The Fund is non-diversified. To the extent the Underlying Index is concentrated in a particular industry, the Fund is expected to be concentrated in that industry. As of September 28, 2018, issuers in the technology sector represented a significant portion (59.5%) of the Underlying Index. The Fund may engage in securities lending."

TTTN Costs and Fees

TTTN costs about $59 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.59%
• Gross expense ratio: 0.59%
• Portfolio turnover: 33%
• Brokerage commissions: 1.30 bps of average net assets (SEC N-CEN)

TTTN Cashflows

Over the 12 months to 2020-09, UP Fintech China-U.S. Internet Titans ETF had net inflows of $10.47M, from monthly SEC N-PORT filings.

TTTN Debt Constituents

No individual debt constituents are reported in UP Fintech China-U.S. Internet Titans ETF's latest SEC N-PORT filing.

TTTN Prospectus and SEC Filings

Official UP Fintech China-U.S. Internet Titans ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2020-02-13
• Prospectus (485BPOS) — filed 2018-11-09
• Portfolio holdings (N-PORT) — filed 2020-11-27
• Portfolio holdings (N-PORT) — filed 2020-08-28
• Portfolio holdings (N-PORT) — filed 2020-05-29
• Annual census (N-CEN) — filed 2020-12-08
• Annual census (N-CEN) — filed 2019-12-13

Related Funds

Other Money Market funds tracked on ABC INVEST:

• Emerald Growth Fund (HSPCX)
• Barings Active Short Duration Bond Fund (BXDIX)
• IVA Worldwide Fund (IVWAX)
• Stadion Tactical Growth Fund (ETFDX)
• BBH Partner Fund - Select Short Term Assets (BBSTX)

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.