

LSAF employs a multifactor strategy focusing on buybacks, free cash flow growth, and debt/asset ratio, resulting in a diversified portfolio. The fund offers solid value metrics without sacrificing growth, but lags behind a benchmark and single-factor ETFs in risk-adjusted performance. LSAF suffers from high volatility, deep drawdowns, and a high expense ratio and turnover among peers, diminishing its appeal for investors.

Also new issuer LeaderShares adds to its lineup.

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SEC filings for LSAF aren't indexed yet (common for recently launched funds). Browse the issuer's filings on SEC EDGAR directly.