Fund Brochure

Fund News


  1. MERLYN.AI Selected as Finalist in Two Categories for’s 2020 Wealthies Awards!
    1. The 2020 Industry Awards are also known as the “Wealthies.” Nominations are open to the public. The Industry Awards program recognizes outstanding organizations and individuals that support financial advisor success. A panel of independent judges pulled from different corners of wealth management space selected the initiatives they felt had the most relevance and impact to help financial advisors. Winners were announced on September 24, 2020. The firm and ETF did not win the awards.
  2. Bloomberg ETF IQ Showcases WIZ and SNUG Click here for stanardized performance.
    1. Short term performance, in particular, is not a good indication for the fund’s future performance and an investment should not be made based solely on returns. The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. For performance data current to the most recent month end, please call 215.882.9983 or visit
    2. The index methodologies are not solely based on AI.
    3. The funds are new and may not be appropriate for all investors.
  3. WIZ Announced as Finalists Announced for 2019 Awards
    1. References to other investment products should not be considered an offer of those securities.
    2. Award winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry.
      • Step 1 The awards process begins with open nominations, which ran from Dec. 4, 2019, to Jan. 4, 2020. Self-nominations are accepted. Nominators may nominate in as many categories as they like.
      • Step 2 Following the open nominations process, the Awards Nominating Committee—made up of editorial staff—reviews nominations. Nominations are screened for eligibility (appropriate timing and category). If more than five unique entries are received in the nominations process, the members of the Nominating Committee will force-rank their top five, resulting in a final slate for each category. Votes will be resolved on a majority basis, and ties broken where possible with head-to-head runoff votes. If ties cannot be broken, more than five finalists are allowed. The Nomination Committee will complete its work by Jan. 10, 2020. Shortly thereafter, the nominees will be published on
      • Step 3 Winners among these finalists will be selected by a majority vote of the Awards Selection Committee, a group of independent ETF experts from across the ETF community. Committee members will recuse themselves from voting in any category in which they or their firms appear as finalists. Ties will be decided where possible with head-to-head runoff votes. Voting will be complete by Jan. 31, 2019, but results will be kept confidential until they are announced in March, and published in the April ETF Report.
    3. 2019 Awards Selection Committee: ETFs & Issuers Kim Arthur, Main Management, Eric Balchunas, Bloomberg Intelligence, Ben Blaisdell, US Trust, John Davi, Astoria Advisors, Emily Doak, Charles Schwab Investment Advisory, Debbie Fuhr, ETFGI, Nate Geraci, ETF Prime/ETF Store, Matt Hougan, Inside ETFs, Ben Johnson, Morningstar, Elisabeth Kashner, FactSet, Ben Lavine, 3D Asset Management, Tom Lydon,, Tyler Mordy, Forstrong Global Asset Management, Todd Rosenbluth, CFRA, Dan Weiskopf, ETF Think Tank
      • Neither the Fund nor the Index has any affiliations with the Selection Committee
  4. NASDAQ Recognizes WIZ
    1. WIZ The Fund tracks the MAI Bull-Rider Bear-Fighter Index, which seeks to improve performance by
      using artificial intelligence to identify bull or bear market conditions, to typically employ 6 equity
      and 2 bond ETF momentum strategies during bull markets, and to employ multiple defensive
      momentum strategies during bear markets.
    2. The Fund has gross fees of (1.22%) and a net expense ratio (0.95%).
      • The Adviser has contractually agreed to waive fees until 10/15/2020
  5. Yahoo Finance Recognizes WIZ
    1. WIZ top 10 HOLDINGS
    2. SNUG top 10 HOLDINGS
    3. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
    4. The Fund has gross fees of (1.22%) and a net expense ratio (0.95%).
      • The Adviser has contractually agreed to waive fees until 10/15/2020
  6. Duration refers to the period of time for which the algorithm considers certain metrics