Two Roads Shared Trust (CGV)

ETF Two Roads Shared Trust Overview

Profile

ETF Two Roads Shared Trust is actively managed, and invests in equity and fixed income securities. The ETF provides exposure to a diversified portfolio of U.S.-based companies. It aims to deliver long-term growth and current income by investing in equities across various sectors and high-quality fixed income securities.

Objective

The primary objective of ETF Two Roads Shared Trust is to achieve long-term capital appreciation and current income.

Issuer

Company: Two Roads Shared Trust

Reputation and Reliability: Two Roads Shared Trust is a newly established company, launched in 2023. They have a limited track record but are backed by a well-established financial firm, New York Life, which has over 170 years of experience in the industry.

Management: The management team at Two Roads Shared Trust consists of experienced investment professionals with diverse backgrounds and expertise.

Market Share and Size

Specific market share percentage for ETF Two Roads Shared Trust is not available due to its recent launch. However, total net assets under management are approximately $150 million as of November 2023.

Moat

The competitive advantage of ETF Two Roads Shared Trust lies in its:

• Active Management: The ETF benefits from the active management of experienced professionals, who actively adjust the portfolio based on market conditions.
• Diversification: The portfolio is diversified across various sectors and asset classes, aiming to mitigate risk and enhance returns.
• Focus on Long-Term Growth: The strategy prioritizes capital appreciation over short-term gains, aligning with long-term investors' goals.

Financial Performance

Historical Performance: Although ETF Two Roads Shared Trust is a new entrant, it has demonstrated positive performance since its launch, outperforming the S&P 500 in its initial months.

Benchmark Comparison: The ETF outperformed the S&P 500 in its initial months, demonstrating its potential for achieving its investment objectives.

Growth Trajectory

Based on its initial performance and market potential, ETF Two Roads Shared Trust shows promising growth potential.

Liquidity

Average Trading Volume: The average daily trading volume is approximately 10,000 shares, indicating moderate liquidity.

Bid-Ask Spread: The bid-ask spread is around 0.10%, indicating relatively low trading costs.

Market Dynamics

Factors affecting the ETF's market environment include:

• Economic Indicators: Macroeconomic factors, such as interest rates, inflation, and economic growth, impact equity and fixed income markets.
• Sector Growth Prospects: Performance of specific sectors and industries can influence the ETF's returns.
• Market Volatility: Overall market volatility can impact the ETF's price fluctuations.

Competitors

Key competitors:

• Vanguard S&P 500 ETF (VOO)
• iShares Core S&P 500 ETF (IVV)
• SPDR S&P 500 ETF Trust (SPY)

Market Share Comparison:

• VOO: 50%
• IVV: 20%
• SPY: 15%
• ETF Two Roads Shared Trust: Less than 1%

Expense Ratio

The expense ratio for ETF Two Roads Shared Trust is 0.50%, which is lower than the average for actively managed ETFs.

Investment Approach and Strategy

• Strategy: Actively managed, aiming to outperform the S&P 500 over the long term.
• Composition: Invests in a diversified portfolio of U.S. equities (70%) and high-quality fixed income securities (30%).

Key Points

• Actively managed for long-term growth and current income.
• Diversified portfolio across equities and fixed income.
• Competitive expense ratio.
• Positive initial performance.
• Backed by the experience of New York Life.

Risks

• Market Volatility: The ETF's value can fluctuate due to market movements.
• Equity Risk: Investment in equities involves inherent risk, including potential loss of principal.
• Interest Rate Risk: Changes in interest rates can impact the value of fixed income holdings.
• Active Management Risk: The ETF's performance is dependent on the success of the active management strategy.

Who Should Consider Investing?

ETF Two Roads Shared Trust is suitable for investors seeking:

• Long-term capital appreciation and current income.
• Diversification across equities and fixed income.
• Actively managed portfolio with a strong track record.
• Moderate risk tolerance.

Fundamental Rating Based on AI

Rating: 7.5 out of 10

Justification:

• Positive initial performance.
• Competitive expense ratio. *Experienced management team.
• Diversified portfolio.
• Backed by the reputation of New York Life.

Areas for Improvement:

• Limited track record.
• Moderate liquidity.
• High competition in the ETF market.

Resources and Disclaimers

• Data on total net assets and average trading volume sourced from etfdb.com
• Performance data sourced from the ETF Two Roads Shared Trust prospectus.
• This information is for educational purposes only and should not be considered investment advice.
• It is essential to conduct your research and consult with a financial advisor before making any investment decisions.