S&P 500 universe
Start with all companies in the S&P 500 Index, excluding the Real Estate sector.
HCM Select 50 ETF
Ticker: FIFT
Download FactsheetOverview
Objective
The Fund seeks to provide income and long-term capital appreciation.
Inception Date: 10/21/2026
Fund Summary:
HCM Select 50 ETF (FIFT) is a U.S. large-cap equity ETF built around a disciplined stock selection process, quarterly rebalancing, and active management of equity exposure.
The Fund begins with companies in the S&P 500 Index. Each quarter, companies are evaluated based on two factors: dividend yield and valuation. Each company is scored relative to others within its sector, with the five highest-scoring companies selected from each of 10 sectors, excluding Real Estate. The result is a portfolio of approximately 50 stocks, with equal weighting across sectors and individual holdings. Up to 20% of the portfolio can be invested in HCM’s discretion to meet the investment objective.
The HCM-BuyLine® monitors broader market trends and adjusts the Fund’s equity exposure in response to changes in market conditions.
Fund Facts
As of 10/21/2026
| CUSIP: 66538R 433 | Net Assets: $1,003,200.00 |
| Primary Exchange: Texas Stock Exchange, LLC. | Total Annual Fund Operating Expenses: 1.35% |
| Distribution Frequency: Quarterly | *30 Day Median Bid/Ask Spread: 0.0000% |
Download
Summary ProspectusProspectusSAIHow the investment process works.
A disciplined, sector-relative approach to identify 50 attractively valued companies, with the flexibility to manage market exposure.
Factor scoring
%Dividend yield
EBITDA/EV 1
Each company gets a score based on its dividend yield and EBITDA-to-Enterprise Value (EBITDA/EV).
Rank and select the top 5 in each sector
5stocks
10sectors
The combined factor scores are used to rank securities within each sector. The top five securities from each of the 10 eligible sectors are selected, creating a portfolio of approximately 50 stocks with equal sector exposure, rebalanced quarterly. The Adviser may also invest up to 20% of the portfolio in ETFs to meet the Fund's investment objective.
HCM-BuyLine® adjusts equity exposure
EquityEquity
HCM-BuyLine® uses trend analysis to help determine the Fund's overall equity exposure, which may range from 0% to 100% depending on market conditions.
1 The EBITDA/EV ratio compares a company’s earnings before interest, taxes, depreciation and amortization to its total value to evaluate a company’s return on investment. The EBITDA/EV ratio is used to determine how much profit a company generates compared to its total value. Each constituent receives a score for its dividend yield and EBITDA/EV ratio based on a rules-based system, which are then averaged to obtain a composite score.
Performance
Daily Fund Prices
As of 10/21/2026
| NAV | ||
|---|---|---|
| Net Asset Value | $25.08 | |
| Change |
| Premium/Discount | ||
|---|---|---|
| Closing Market Price | ||
|---|---|---|
| Closing Price | $25.08 | |
| Change |
As of 10/21/2026
| Fund Name | 1M | 3M | QTD | 6M | YTD | 1Y | 5Y | Since (10/21/2026) |
|---|---|---|---|---|---|---|---|---|
| HCM Select 50 ETF NAV | -- | -- | -- | -- | -- | -- | -- | -- |
| HCM Select 50 ETF Market Price | -- | -- | -- | -- | -- | -- | -- | -- |
The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Past performance is no guarantee of future results. The investment return and principal value of an investment will fluctuate so that investor’s shares, when redeemed, may be worth more or less than their original cost. For performance information current to the most recent month-end, please call toll-free 770-642-4902. HCM Funds are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns. NAV Return represents the closing price of underlying securities. Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times. Returns greater than 1 year are annualized.
Top Holdings
As of 10/21/2026
| Symbol | Name | Market Price($) | Shares Held | Market Value($) | Net Assets(%) |
|---|---|---|---|---|---|
| CTSH US | COGNIZANT TECH-A | $69.55 | 300 | $20,865.00 | 2% |
| CCL US | CARNIVAL CORP LT | $27.30 | 760 | $20,748.00 | 2% |
| HPQ US | HP INC | $31.32 | 660 | $20,671.20 | 2% |
| SWK US | STANLEY BLACK & | $95.44 | 216 | $20,615.04 | 2% |
| EIX US | EDISON INTL | $57.19 | 360 | $20,588.40 | 2% |
| TSN US | TYSON FOODS-A | $55.90 | 368 | $20,571.20 | 2% |
| BMY US | BRISTOL-MYER SQB | $61.12 | 336 | $20,536.32 | 2% |
| RF US | REGIONS FINANCIA | $28.05 | 732 | $20,532.60 | 2% |
| AMCR US | AMCOR PLC | $45.27 | 452 | $20,462.04 | 2% |
| BBY US | BEST BUY CO INC | $94.12 | 216 | $20,329.92 | 2% |
Distribution Data
| EX Date | Record Date | Pay Date | ST Cap Gains | LP Cap Gains | Ordinary Income | Total Distribution Amount |
|---|---|---|---|---|---|---|
| -- | -- | -- | -- | -- | -- | -- |
| -- | -- | -- | -- | -- | -- | -- |
| -- | -- | -- | -- | -- | -- | -- |
| -- | -- | -- | -- | -- | -- | -- |
| -- | -- | -- | -- | -- | -- | -- |
Portfolio holdings are subject to change and should not be considered investment advice.
*The median bid-ask spread is calculated by identifying the national best bid and national best offer (“NBBO”) for each fund as of the end of each 10 second interval during each trading day of the last 30 calendar days and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and that value is expressed as a percentage rounded to the nearest hundredth.
Important Risk Information:
The Fund is newly formed and has no operating history.
- S&P 500 TR Index: The S&P 500 Index tracks the performance of top 500 large-cap U.S. companies.
- Total Return Scotiabank U.S. Top 50 Large Cap Dividend Index: The index tracks 50 high-quality dividend paying large-cap U.S. stocks.