Ballast Small/Mid Cap ETF

Ballast Small/Mid Cap ETF is an actively managed exchange-traded fund focused on U.S. small- and mid-cap equity securities. The fund seeks to build a concentrated portfolio of companies that Ballast Asset Management believes offer attractive risk-adjusted return potential, with an emphasis on businesses led by strong management teams and supported by fundamental, bottom-up stock selection. Its holdings are drawn from a range of sectors, including industrials, technology, materials, financials, and consumer-oriented businesses, giving investors diversified exposure to the domestic extended equity market. The ETF is designed for market participants seeking targeted access to smaller companies within the U.S. equity universe through a rules-based yet discretionary investment approach. As a listed portfolio vehicle, Ballast Small/Mid Cap ETF serves as a mechanism for accessing actively selected small- and mid-cap stocks in a single fund structure.