VMAT

V-Shares MSCI World ESG Materiality and Carbon Transition ETF

Overview

Fund Details

As of 09/29/2023
Ticker VMAT
Inception Date 06/08/2022
CUSIP 56167N266
ISIN US56167N2669
Primary Exchange CBOE BZX Exchange, Inc.
Net Assets ($) 2,595,593.66
Shares Outstanding 100,000
Expense Ratio 0.39%
Fund Type Index Based
Number of Holdings 249
Index Ticker MXESGMTN Index
Index Name MSCI World ESG Materiality and Carbon Transition Select Index

ETF Summary

The V-Shares MSCI World ESG Materiality and Carbon Transition ETF (VMAT) invests in companies in developed markets countries, including the United States and Canada, that are assessed to be sector leaders based on a set of environmental, social, and governance ("ESG") key issues that are aligned with the "Materiality Map" of the Sustainability Accounting Standard Board ("SASB") and in the global transition to low carbon emissions.

The fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI World ESG Materiality and Carbon Transition Select Index (Ticker MXESGMTN).

Fund Documents

  Factsheet   Summary
Prospectus   Statutory
Prospectus   SAI   Semi-Annual
Report   Part F Schedule of
Investments 7/31/22   Part F Schedule of
Investments 1/31/23   Annual Report

Three reasons to consider VMAT

1. Global Equity Exposure through an innovative ETF – VMAT tracks a novel index
VMAT tracks the first MSCI World SASB-aligned1 ESG index, providing exposure to large and mid-cap developed market companies while intentionally focusing on the financial materiality of ESG issues at the industry level, in line with the SASB Materiality framework. The underlying index displays a correlation2 close to 1 with the MSCI World index.
   1 The Sustainability Accounting Standard Board. It connects businesses and investors on the financial impacts of sustainability; www.sasb.org    2 Source : Bloomberg

2. Focus on the financial impacts of sustainability – Research finds that material ESG issues and opportunities impact returns
Out of the plethora of ESG data, VMAT focuses on financially material ESG issues to seek to drive better performance by considering a subset that may have direct financial impact on company balance sheets and investment portfolios as vectors of risk and opportunities.

3. Seek to minimize carbon transition risk and capture green opportunities – Account for current and potential exposure to transition risks and opportunities through companies' operations and business models
The path to a low carbon economy presents opportunities and risks which can be assessed in order to make better informed investment decisions. Compared to the MSCI World index, VMAT increases its exposure to companies participating in opportunities associated with the low carbon transition and decreases its exposure to companies exposed to risks associated with the low carbon transition.

How to Invest?

V-Shares ETFs trade intraday on an exchange. ETFs are available through various channels including broker-dealers, investment advisers, and other financial services firms.

You may contact your financial advisor or find the ETF ticker on your brokerage platform.
Neither V-Square Quantitative Management nor V-Shares US Leadership Diversity ETF are affiliated with these financial services firms. Their listing should not be viewed as a recommendation or endorsement.

Top Holdings

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ETF NAV and Prices

Closing NAV
Net Asset Value (NAV $) 25.96
NAV Daily Change ($) 0.03
NAV Daily Change (%) 0.11%
Closing Market Price
Market Price ($) 25.85
Price Daily Change ($) -0.03
Price Daily Change (%) -0.13%

Premium / Discount

Premium / Discount
Premium / Discount -0.42
Median 30 Day Spread Percentage 0.39
  Premium / Discount Chart

Performance

As of 08/31/2023 Fund NAV (%) Market Price (%) Underlying Index (%) MSCI World Net Total Return USD (%)
Year-to-date 19.74 19.60 19.70 16.11
1 Month -2.20 -2.05 -2.29 -2.39
3 Month 6.35 6.28 6.59 6.99
6 Month 13.19 13.04 13.39 11.11
Since Inception (Cumulative) 12.12 12.05 12.05 9.47

Past performance is no guarantee of future results. The performance data quoted here represents past performance. Current performance may be lower or higher than the performance data quoted above. Investment return and principal value will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. For performance data current to the most recent month end, please call 1 8** VSHRETF (1 8** 874 7383).
VMAT is bought and sold at market price (not NAV) and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Market Price returns are based upon the official closing price on the listing exchange (CBOE BZX Exchange Inc.) at 4:00 p.m. ET when NAV is normally determined for VMAT, and do not represent the returns you would receive if you traded shares at other times. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding.

Distribution Information Fund NAV
Distribution Frequency Semi-Annually
Last Ex-Date 6/29/2022
Last Pay Date 7/3/2023
Distribution Amount per Share ($) 0.269064
Distribution (%) 1.01%
30-Day SEC Yield (%) 1.48%

Disclosures

The index is rebalanced annually. All returns assume the reinvestment of income and dividends. The index is calculated by an independent third party, MSCI Inc. Additional information regarding the index is available here: https://www.msci.com/eqb/methodology/meth_docs/MSCI_World_ESG_Materiality_and_Carbon_Transition_Select_Index.pdf.

The MSCI World® Index captures large and mid-cap representation across 23 Developed Markets (DM) countries. The index covers approximately 85% of the free float-adjusted market capitalization in each country.

MSCI World ESG Materiality and Carbon Transition Select® Index is designed to represent the performance of companies which are assessed to be sector leaders based on a set of relevant key issues scores that are aligned with SASB's Materiality Map.

ISS ESG U.S. Diversity Index Total Return® index comprises small-, mid-, and large-capitalization companies exhibiting broad ethnic and gender representation for Directors and Named Executive Officers The index is calculated as a TR version in USD.

S&P 500® is a stock market index tracking the stock performance of 500 largest companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices.

The Nasdaq Stock Market ("NASDAQ") is an American stock exchange based in New York City, United States.

Beta is a concept that measures the expected move in a stock relative to movements in the overall market.

BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM WWW.V-SHARES.COM OR BY CALLING 1 844 VSHRETF (1 844 874 7383). PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

Investing involves risk. Principal loss is possible. As with all ETFs, Shares may be bought and sold in the secondary market at market prices. Although it is expected that the market price of Shares will approximate the Fund's NAV, there may be times when the market price of Shares is more than the NAV intra-day (premium) or less than the NAV intra-day (discount) due to supply and demand of Shares or during periods of market volatility.

A strategy or emphasis on environmental, social and governance factors ("ESG") may limit the investment opportunities available to a portfolio. Therefore, the portfolio may underperform or perform differently than other portfolios that do not have an ESG investment focus.

The Fund is a recently organized investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision.

The Fund is classified as “non-diversified,” which means the Fund may invest a larger percentage of its assets in the securities of a smaller number of issuers than a diversified fund.

Passive Investment Risk. The Fund is not actively managed and therefore the Fund generally will not sell a security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Underlying Index, or the selling of the security is otherwise required upon a rebalancing of the Underlying Index.

Methodology Risks. The Index Provider relies on various sources of information to assess the criteria of issuers included in the Underlying Index, including information that may be based on assumptions and estimates. Neither the Fund nor the Index Provider can offer assurances that Underlying Index's calculation methodology or sources of information will provide an accurate assessment of included issuers or that the included issuers will provide the Fund with the market exposure it seeks.

Investors may not invest directly in an index. All trademarks are those of their respective owners.

Distributed by Quasar Distributors, LLC.