THE FUTURE FUND
LONG/SHORT ETF (FFLS)

Investing in companies we believe are best able to exploit these megatrends and shorting companies most disrupted by these same megatrends.

Daily Performance as of 12/05/2023

12/05/2023 1 day change $ 1 day change % Year to date Cum. since inc.
FFLS NAV $19.63 $-0.01 -0.05% -1.85% -1.85%
FFLS MKT $19.61 $-0.01 -0.05% -1.95% -1.95%
FFLS inception 6/20/2023; Expenses*: Maximum investor fee 1.24%; net/gross 1.75%/2.40%

Quarter-End Performance as of 09/30/2023

Quarter Year to date 1 year Since inception
FFLS NAV -1.87% -3.00% - -3.00%
FFLS MKT -2.02% -3.00% - -3.00%
FFLS inception 6/20/2023; Expenses*: Maximum investor fee 1.24%; net/gross 1.75%/2.40%

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted.

Fund NAV represents the closing price of underlying securities. Closing Market Price is calculated using the price which investors buy and sell ETF shares in the market. The Closing Market Price returns in the table were calculated using the closing price and account for distributions from the funds.

For monthly performance, please call 877.466.7090.

Performance over 1 year is annualized.

GROWTH-ORIENTED, HEDGED EQUITY STRATEGY TO HELP SHAREHOLDERS MANAGE RISK IN A VOLATILE ENVIRONMENT

  • High conviction, actively managed ETF Primarily invests in a concentrated set of equity securities that may be best positioned to profit from changing secular growth trends, while shorting those we believe may be disrupted by those same megatrends.
  • Alpha generation Through active stock selection and capitalizing on short-term dislocations in the market with potential to provide greater risk adjusted returns than the indices.
  • Research-focused Vigorous proprietary research, both fundamental and on-the-ground.
  • Managing risk on multiple levels Risk managed intensively, both fundamentally and quantitatively.
  • Strategic and tactical Identifying companies that may benefit from long-term trends; potential to opportunistically exploit short-term dislocations in the market to create incremental alpha.
  • Daily transparency + liquidity Shares are bought and sold daily on the NYSE at market price, like a stock, through your online broker or financial advisor; no minimum investment dollar amount.
 

FFLS FACTS as of 12/05/2023

Inception Date 6/20/23
Ticker FFLS
Expense Ratio
  Maximum Investor Fee1
  Gross/Net2

1.24%
2.40%/1.75%
Primary Exchange NYSE
CUSIP 66538F165
Net Assets $1,963,320.83
Shares Outstanding 100,000
Net Mkt. Exposure 63.15%
Premium/Discount -0.02%
30-Day Median Bid/Ask-Spread 0.2546%

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 12/05/2023

Ticker Security Identifier Company name Shares Market value $ Market Value % ex-cash*
1 GOOGL 02079K305 ALPHABET INC-A 1,300 $170,287 8.74%
2 TSLA 88160R101 TESLA INC 493 $117,688 6.04%
3 PWR 74762E102 QUANTA SERVICES 450 $85,243 4.37%
4 GTLS 16115Q308 CHART INDUSTRIES 650 $81,789 4.20%
5 MU 595112103 MICRON TECH 1,100 $81,059 4.16%
6 LLY 532457108 ELI LILLY & CO 135 $79,400 4.07%
7 CMG 169656105 CHIPOTLE MEXICAN 35 $77,918 4.00%
8 CRM 79466L302 SALESFORCE INC 300 $75,306 3.86%
9 SCHW 808513105 SCHWAB (CHARLES) 1,200 $74,676 3.83%
10 CELH 15118V207 CELSIUS HOLDINGS 1,425 $74,100 3.80%
11 HALO 40637H109 HALOZYME THERAPE 1,800 $71,820 3.68%
12 CIEN 171779309 CIENA CORP 1,500 $68,625 3.52%
13 NFLX 64110L106 NETFLIX INC 150 $68,272 3.50%
14 ABNB 009066101 AIRBNB INC-A 500 $66,855 3.43%
15 UBER 90353T100 UBER TECHNOLOGIE 1,100 $63,767 3.27%
16 WOLF 977852102 WOLFSPEED INC 1,600 $61,616 3.16%
17 CZR 12769G100 CAESARS ENTERTAI 1,400 $60,774 3.12%
18 BIDU 056752108 BAIDU INC-SP ADR 500 $56,775 2.91%
19 LPLA 50212V100 LPL FINANCIAL HO 250 $55,512 2.85%
20 LULU 550021109 LULULEMON ATH 120 $54,831 2.81%
21 ZTS 98978V103 ZOETIS INC 300 $53,895 2.77%
22 GPRE 393222104 GREEN PLAINS INC 2,200 $53,570 2.75%
23 RIVN 76954A103 RIVIAN AUTOMOT-A 3,050 $53,100 2.72%
24 DASH 25809K105 DOORDASH INC-A 550 $52,929 2.72%
25 NVDA 67066G104 NVIDIA CORP 100 $46,566 2.39%
26 BYDDY 05606L100 BYD CO-UNSP ADR 825 $44,121 2.26%
27 CRL 159864107 CHARLES RIVER LA 180 $35,701 1.83%
28 VRTX 92532F100 VERTEX PHARM 100 $35,415 1.82%
29 HOG 412822108 HARLEY-DAVIDSON 600 $18,426 0.95%
30 PANW 697435105 PALO ALTO NETWOR 55 $16,102 0.83%

Top Short Holdings as of 12/05/2023

Ticker Security Identifier Company name Shares Market value $ Market Value % ex-cash*
1 TM 892331307 TOYOTA MOTOR CORP -SPON A -400 $-75,196 -3.86%
2 YETI 98585X104 YETI HOLDINGS IN -1,600 $-70,848 -3.64%
3 URI 911363109 UNITED RENTALS -140 $-66,570 -3.42%
4 UA 904311206 UNDER ARMO-C -8,500 $-66,130 -3.39%
5 MMI 566324109 MARCUS & MILLICH -1,800 $-63,198 -3.24%
6 FICO 303250104 FAIR ISAAC CORP -55 $-62,207 -3.19%
7 KMX 143130102 CARMAX INC -950 $-62,044 -3.18%
8 POOL 73278L105 POOL CORP -150 $-53,040 -2.72%
9 FHI 314211103 FEDERATED HERMES -1,600 $-50,560 -2.59%
10 ETSY 29786A106 ETSY INC -500 $-40,830 -2.09%
11 PINS 72352L106 PINTEREST INC -A -900 $-30,699 -1.58%
12 EBAY 278642103 EBAY INC -650 $-26,962 -1.38%
13 PSNY 731105201 POLESTAR A-A ADS -9,500 $-20,330 -1.04%
14 NWL 651229106 NEWELL BRANDS IN -2,500 $-20,000 -1.03%
15 LCID 549498103 LUCID GROUP INC -4,000 $-16,760 -0.86%
*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 Market Exposure** as of 12/05/2023

Long Exposure 100.36% Gross Exposure 137.58%
Short Exposure -37.22% Net Exposure 63.15%
**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 12/05/2023

2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023
Days at premium - - 5 12 4
Days at zero premium/discount - - 2 21 6
Days at discount - - 2 30 36
 

Historical Distributions

Record Date Ex Date Payable Date Income Short Term Gains Long Term Gains Distribution Total
- - - - - - -
 

Invest Now

Invest with many online brokers or talk with your financial advisor.
Northern Lights Distributors, LLC and The Future Fund LLC are not affiliated with these brokerage firms.

Stay Up to Date

Please select the newsletter/s required.

Invalid email address.

Join us on social media