Cumulative as of 3/31/2017
1 Mo. 3 Mo. 6 Mo. Since Inception1
ETF (Net Asset Value)2 -0.52% 0.91% 8.67% 8.24%
ETF (Market Price)3 0.07% 1.47% 9.32% 8.88%
Dhandho Junoon Index (Benchmark)4 -0.48% 1.10% 9.10% 9.10%
S&P 500 Index (Benchmark)5 0.12% 6.07% 10.12% 17.17%
Quarter Ended
6/30/16
Quarter Ended
9/30/16
Quarter Ended
12/31/16
Quarter Ended
3/31/17
Year Ended
3/31/17
Junoon ETF - NAV -3.02% 2.69% 7.69% 0.91% 8.24%
Junoon ETF - Market Price -3.06% 2.74% 7.73% 1.47% 8.88%
S&P 500 Index5 2.46% 3.85% 3.82% 6.07% 17.17%

Performance data quoted represent past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call + 1.844.808.3557 for current month end performance.

1  Inception date of 3/31/16.

2  NAV is an exchange-traded fund's (ETF) per-share value. The per-share dollar amount of the ETF is derived by dividing the total value of all the securities in its portfolio, less any liabilities, by the number of ETF shares outstanding.

3  Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.

4  The Dhandho Junoon Index tracks the price movements of a portfolio of stocks of approximately 40 U.S. companies and ADRs across 3 buckets: (1) Cannibals, (2) Select Value Manager Holdings, and (3) Spin-Offs. The index inception date is March 1st, 2016. The Index is calculated as a total return Index, which means that returns assume reinvestment of any dividends and distributions during this period. One cannot invest directly in an index.

5  The S&P 500®Index is the Standard & Poor’s composite index of 500 stocks, a widely recognized, unmanaged index of common stock prices. Index performance shown in the table is total return, which assumes reinvestment of any dividends and distributions during the period. One cannot invest directly in an index.