VictoryShares US Discovery Enhanced Volatility Wtd ETF

Frequently Asked Questions About CSF

What does CSF invest in?

The VictoryShares US Discovery Enhanced Volatility Wtd ETF seeks to provide investment results that track the performance of the Nasdaq VictoryUS Small Cap 500 Long/Cash Volatility Weighted Index (the “Long/Cash Index”) before fees and expenses. Volatility Weighting Methodology Combines fundamental criteria and volatility weighting in an effort to outperform traditional cap-weighted indexing strategies. About the Long/Cash Index The Long/Cash Index tactically reduces its exposure to the equity markets during periods of significant market declines and reinvests when market prices have further declined or rebounded. The Nasdaq Victory US Small Cap 500 Long/Cash Volatility Weighted Index is based on the month-end price of the Nasdaq Victory US Small Cap 500 Volatility Weighted Index (the “Reference Index”). The exit and reinvestment methodology of the Long/Cash Index is based on the month-end value of the Reference Index relative to its All-Time Highest Daily Closing Value (“AHDCV”). AHDCV is the highest daily closing price the Reference Index has achieved since its inception date.

What is the expense ratio of CSF?

VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) charges an expense ratio of 0.53%. This is the annual fee deducted from fund assets to cover management and operations.

How big is CSF?

VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) manages $25.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is CSF actively managed or an index fund?

CSF is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (CSF's is 0.53%) because there's no security selection cost.

When was CSF launched?

VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF) launched in July 2014 and is managed by Victory Capital.

How has CSF performed?

CSF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.