1 Fund expenses are expected to total 2.40% gross and 1.75% net of fee waiver/expense reimbursements.
1, 2 Pursuant to an operating expense limitation agreement between The Future Fund, LLC (the “Adviser”) and the Trust, on behalf of the Fund, the Adviser has agreed to waive its fees and/or absorb expenses of the Fund to ensure that Total Annual Fund Operating Expenses for the Fund (excluding any front-end or contingent deferred loads, brokerage fees and commissions, acquired fund fees and expenses, borrowing costs such as interest and dividend expense on securities sold short) and extraordinary expenses do not exceed 1.24% of the Fund’s average net assets through September 30, 2024.
Top Long Holdings as of 09/22/2023
| Ticker | Company name | Shares | Market value $ | Market Value % ex-cash* | |
|---|---|---|---|---|---|
| 1 | GOOGL | ALPHABET INC-A | 1,400 | $182,350 | 9.68% |
| 2 | TSLA | TESLA INC | 563 | $137,867 | 7.32% |
| 3 | GTLS | CHART INDUSTRIES | 500 | $83,370 | 4.43% |
| 4 | PWR | QUANTA SERVICES | 400 | $75,380 | 4.00% |
| 5 | CIEN | CIENA CORP | 1,500 | $70,710 | 3.75% |
| 6 | PANW | PALO ALTO NETWOR | 300 | $68,553 | 3.64% |
| 7 | HALO | HALOZYME THERAPE | 1,700 | $67,269 | 3.57% |
| 8 | CRM | SALESFORCE INC | 325 | $67,089 | 3.56% |
| 9 | UBER | UBER TECHNOLOGIE | 1,500 | $66,615 | 3.54% |
| 10 | BIDU | BAIDU INC-SP ADR | 500 | $66,175 | 3.51% |
| 11 | ABNB | AIRBNB INC-A | 500 | $66,100 | 3.51% |
| 12 | LLY | ELI LILLY & CO | 120 | $66,064 | 3.51% |
| 13 | CMG | CHIPOTLE MEXICAN | 35 | $65,645 | 3.48% |
| 14 | GPRE | GREEN PLAINS INC | 2,050 | $63,960 | 3.40% |
| 15 | LPLA | LPL FINANCIAL HO | 250 | $60,287 | 3.20% |
| 16 | CRL | CHARLES RIVER LA | 300 | $59,886 | 3.18% |
| 17 | CZR | CAESARS ENTERTAI | 1,300 | $59,800 | 3.17% |
| 18 | CELH | CELSIUS HOLDINGS | 350 | $58,639 | 3.11% |
| 19 | LULU | LULULEMON ATH | 150 | $58,207 | 3.09% |
| 20 | SCHW | SCHWAB (CHARLES) | 1,000 | $55,150 | 2.93% |
| 21 | ZTS | ZOETIS INC | 300 | $53,004 | 2.81% |
| 22 | BYDDY | BYD CO-UNSP ADR | 825 | $51,793 | 2.75% |
| 23 | WOLF | WOLFSPEED INC | 1,300 | $49,556 | 2.63% |
| 24 | RIVN | RIVIAN AUTOMOT-A | 2,400 | $49,416 | 2.62% |
| 25 | HOG | HARLEY-DAVIDSON | 1,500 | $48,900 | 2.60% |
| 26 | NFLX | NETFLIX INC | 125 | $47,476 | 2.52% |
| 27 | MU | MICRON TECH | 600 | $41,820 | 2.22% |
| 28 | NVDA | NVIDIA CORP | 100 | $41,610 | 2.21% |
| 29 | ENPH | ENPHASE ENERGY | 240 | $28,780 | 1.53% |
Top Short Holdings as of 09/22/2023
| Ticker | Company name | Shares | Market value $ | Market Value % ex-cash* | |
|---|---|---|---|---|---|
| 1 | TM | TOYOTA MOTOR CORP -SPON A | -400 | $-74,840 | -3.97% |
| 2 | YETI | YETI HOLDINGS IN | -1,400 | $-66,360 | -3.52% |
| 3 | FHI | FEDERATED HERMES | -1,600 | $-55,728 | -2.96% |
| 4 | UA | UNDER ARMO-C | -8,500 | $-53,635 | -2.85% |
| 5 | WW | WW INTERNATIONAL | -5,000 | $-49,925 | -2.65% |
| 6 | NWL | NEWELL BRANDS IN | -5,000 | $-44,850 | -2.38% |
| 7 | ZM | ZOOM VIDEO COM-A | -650 | $-44,752 | -2.38% |
| 8 | SNAP | SNAP INC - A | -4,400 | $-38,236 | -2.03% |
| 9 | MMI | MARCUS & MILLICH | -1,250 | $-37,362 | -1.98% |
| 10 | GPC | GENUINE PARTS CO | -250 | $-36,587 | -1.94% |
| 11 | EBAY | EBAY INC | -650 | $-28,034 | -1.49% |
| 12 | PSNY | POLESTAR A-A ADS | -12,500 | $-28,000 | -1.49% |
| 13 | LCID | LUCID GROUP INC | -5,000 | $-25,550 | -1.36% |
| 14 | RMAX | RE/MAX HOLDINGS | -1,750 | $-25,042 | -1.33% |
| 15 | PINS | PINTEREST INC -A | -900 | $-24,048 | -1.28% |
| 16 | CHPT | CHARGEPOINT HOLD | -3,100 | $-15,562 | -0.83% |
*Calculations for all exposure figures disregards all options, cash, sweeps, and receivables.
Portfolio holdings and exposures are subject to change at any time and should not be considered investment advice.
Portfolio holdings and exposures are subject to change at any time and should not be considered investment advice.
Portfolio Market Exposure** as of 09/22/2023
| Long Exposure | 101.47% | Gross Exposure | 135.90% |
| Short Exposure | -34.43% | Net Exposure | 67.05% |
**Calculations for all exposure figures disregards all options, cash, sweeps, and receivables. The net exposure calculates total long positions (Weightings) plus total short positions (Weightings). Gross exposure calculates total long positions (Weightings) minus total short positions (Weightings). Figures do not include delta-adjusted values of options.
Premium/Discount as of 09/22/2023
| 2022 | Q1 2023 | Q2 2023 | Q3 2023 | |
|---|---|---|---|---|
| Days at premium | - | - | 5 | 12 |
| Days at zero premium/discount | - | - | 2 | 19 |
| Days at discount | - | - | 2 | 27 |
Historical Distributions
| Record Date | Ex Date | Payable Date | Income | Short Term Gains | Long Term Gains | Distribution Total |
|---|---|---|---|---|---|---|
| - | - | - | - | - | - | - |
