Acuitas Small Cap Active ETF

The Acuitas Small Cap Active ETF (AIMS) is designed to deliver attractive returns with reduced volatility using a multi-manager investment process in small cap markets. Acuitas believes small cap securities are increasingly overlooked by many institutional investors, resulting in an inefficient market that provides distinct return opportunities for skilled active investors. Acuitas seeks to invest with complementary, return-focused small cap managers that will outperform their benchmarks over the long run. Those managers are combined in a manner intended to reduce volatility while capturing the attractive returns available in active small cap.

True Small Cap

AIMS targets the smallest companies where the return potential is the greatest, differentiating it from small cap ETFs that drift up into midcap securities, increasing capacity but decreasing return potential.

Access to Specialist Managers

AIMS provides exposure to skilled institutional managers often unavailable to individual investors, including earlier stage managers with modest assets under management because they tend to deliver better returns.

Evergreen Capacity

AIMS provides evergreen capacity, avoiding the risk of return erosion due to uncontrolled asset growth that single managers face. Acuitas continually monitors the Fund seeking opportunities to upgrade into high confidence, skilled managers to maintain return potential.

Acuitas Small Cap Active ETF

The Acuitas Small Cap Active ETF invests primarily in small cap companies in the United States. The ETF seeks to remain invested down the cap spectrum to take advantage of market inefficiencies in a segment of the market that many institutional investors ignore.

Fund Details

Ticker Symbol AIMS
Total Net Assets ($M) $76.63
CUSIP 81752T379
Inception Date February 9, 2026
Benchmark Russell 2000 Index
Total Annual Expense Ratio 0.75%

Fund Documents:

Fund Prospectus
Summary Prospectus
Statement of Additional Information

For information about the Fund's adviser, Acuitas Investments or to contact the adviser, please click here.

Nav/Market Price

Premium/Discount

2026
2025 Q1 Q2 Q3 Q4 Since Inception
Days at premium - 8 - - - 8
Days at NAV - 1 - - - 1
Days at discount - 2 - - - 2

Premium/Discount – Since Inception

Portfolio Holdings

Download daily portfolio holdings


Investment Considerations:

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which can be obtained by calling (844) 805-5628. Please read the prospectus carefully before you invest.

There can be no guarantee that any strategy (risk management or otherwise) will be successful. All investing involves risk, including potential loss of principal.

As with all ETFs, shares of the Fund may be bought and sold in the secondary market at market prices. Although it is expected that the market price of shares of the Fund will approximate the Fund’s NAV, there may be times when the market price of shares is more than the NAV intraday (premium) or less than the NAV intra-day (discount) due to supply and demand of shares or during periods of market volatility.

Equity Securities Risk. Equity securities, which include common stocks, may decline in value because of changes in the price of a particular holding or a broad stock market decline.

Small Capitalization Company Risk. The Fund's investments in small capitalization companies may be less liquid and their securities' prices may fluctuate more than those of larger, more established companies. These factors could adversely affect the Fund's ability to sell such securities at a desirable time and price.

Multi-Manager Risk. The success of the Fund's strategy depends on, among other things, the Adviser's skill in selecting Model Portfolio Providers and their skills in executing the relevant strategy. The Model Portfolio Providers' strategies may be out of favor at any time.

Investment Style Risk. The Adviser, using the recommendations from the Model Portfolio Providers, actively makes investment decisions for the Fund through bottom-up stock selection. Accordingly, the Fund will have risk characteristics that differ from its benchmark index.

New Fund Risk. The Fund is a recently organized investment company with no operating history prior to the date of this prospectus. As a result, prospective investors have no track record or history on which to base their investment decision.

The ETF is distributed by Quasar Distributors LLC