SMI 3Fourteen REAL Asset Allocation ETF (RAA)

• Market cap: $480M
• 1 day: 0.04%
• 5 days: 0.56%
• 1 month: 2.81%
• 3 months: 6.91%
• 6 months: 11.26%
• Year to date: 8.06%
• 1 year: 8.06%
• 5 years: 8.06%
• 10 years: 8.06%

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

18% more capital invested

Capital invested by funds: $167M [Q1] → $196M (+$29.3M) [Q2]

0% more funds holding

Funds holding: 8 [Q1] → 8 (+0) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 2

5.68% less ownership

Funds ownership: 50.05% [Q1] → 44.37% (-5.68%) [Q2]