Castellan Targeted Equity ETF

Castellan Targeted Equity ETF is an actively managed equity ETF that seeks capital appreciation by investing in a select group of U.S.-listed companies with growth-at-a-reasonable-price characteristics. The fund uses a proprietary, rules-based process that combines fundamental and quantitative analysis to identify stocks with earnings growth, attractive valuations, and other supportive balance-sheet and quality traits. Its portfolio is concentrated in a relatively small set of holdings across sectors and market capitalizations, allowing the manager to build a focused equity strategy rather than a broad market index fund. Castellan Targeted Equity ETF also uses derivatives, including options, as part of its portfolio construction. The fund is designed for investors looking for a targeted U.S. equity exposure centered on fundamental stock selection and disciplined factor-based screening.