LeaderSharesTM AlphaFactor US Core Equity ETF

Frequently Asked Questions About LSAF

What does LSAF invest in?

Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF is an exchange traded fund launched by Two Roads Shared Trust. The fund is managed by Redwood Investment Management, LLC. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across diversified sectors. It invests in growth and value stocks of large-cap companies. The fund seeks to track the performance of the AlphaFactor US Core Equity Index, by using full replication technique. Two Roads Shared Trust - LeaderShares AlphaFactor US Core Equity ETF was formed on October 1, 2018 and is domiciled in the United States.

What is the expense ratio of LSAF?

LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations.

How big is LSAF?

LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) manages $126.4M 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 LSAF actively managed or an index fund?

LSAF 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 (LSAF's is 0.75%) because there's no security selection cost.

When was LSAF launched?

LeaderSharesTM AlphaFactor US Core Equity ETF (LSAF) launched in October 2018 and is managed by Leader Shares.

How has LSAF performed?

LSAF'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.