TrueShares Structured Outcome September ETF (SEPZ)

• Market cap: $114M
• 1 day: 0%
• 5 days: 1.36%
• 1 month: 1.78%
• 3 months: 7.23%
• 6 months: 13.4%
• Year to date: 9.77%
• 1 year: 10.08%
• 5 years: 71.21%
• 10 years: 67.04%

Fund manager confidence

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

438% more capital invested

Capital invested by funds: $15.8M [Q1] → $85.1M (+$69.3M) [Q2]

211% more funds holding

Funds holding: 9 [Q1] → 28 (+19) [Q2]

100% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 2 (+1) [Q2]

2.65% less ownership

Funds ownership: 77.2% [Q1] → 74.55% (-2.65%) [Q2]

80% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 5