Investment Objective
The Polen Capital China Growth ETF (the “Fund”) seeks to achieve long-term growth of capital.
Overview
PCCE aims for long-term capital growth through investment in an actively managed portfolio, primarily invests in common stock of companies that have either the predominant part of their assets in, their revenues derived from, or substantial business in, the People’s Republic of China (“PRC”) and/or Hong Kong.
We believe that consistent earnings growth is the primary driver of intrinsic value and long-term stock appreciation. We seek to invest in companies with a durable earnings profile driven by a sustainable competitive advantage, financial strength, sound ESG practices, proven management teams, and powerful products/services. By thinking and investing like a business owner and taking a long-term investment approach, we believe we can preserve capital and provide stability across market cycles.
- China Growth strategy with a strong emphasis on sustainable earnings growth
- Low portfolio turnover with long-term holding periods
- Concentrated portfolio of 25-40 high-quality growth companies
- Focus on companies with sustainable business models, robust balance sheets, proven management teams, and clear alignment of interest between majority and minority shareholders
PCCE
53700T728
US53700T7283
03/14/2024
Chinese Equities
Active ETF
1.00%
State Street Bank
ALPS Distributors
NYSE Arca
iM Global Partner Fund Management
Polen Capital
Polen Capital China Growth ETF Value of Hypothetical $10,000
The value of a hypothetical $10,000 investment in the Polen Capital China Growth ETF compared with the
Polen Capital China Growth ETF (Price), Morningstar China Region Category, MSCI China All Shares Index.
- Growth of Investment
- Annualized
- Calendar Year
* The hypothetical $10,000 investment at fund inception includes changes due to share price and reinvestment of dividends and capital gains. The chart does not imply future performance. Indexes are unmanaged, do not incur fees, expenses or taxes, and cannot be invested in directly.
Performance quoted does not include a deduction for taxes that a shareholder would pay on the redemption of fund shares.
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Short term performance is not a good indication of the fund’s future performance and should not be the sole basis for investing in the fund. Indexes are unmanaged, do not incur fees, and cannot be invested in directly. Returns less than one year are not annualized. To obtain the performance of the funds as of the most recently completed calendar month, please visit www.imgp.com/us/
| Date | Security Name | CUSIP | Ticker | Shares Qty | Market Value | Weight |
| 11/28/2025 | YUAN RENMINBI | 53700T728 | - | -922,481 | $ -130,289.36 | -7.73 |
| 11/28/2025 | HONG KONG DOLLAR | 53700T728 | - | 0 | $ 0.01 | 0 |
| 11/28/2025 | NET OTHER ASSETS | 53700T728 | - | 0 | $ 11,021.41 | 0.65 |
| 11/28/2025 | HEFEI MEIYA OPTOELECTRONIC A COMMON STOCK CNY1.0 | 53700T728 | 002690 | 4,300 | $ 12,006.78 | 0.71 |
| 11/28/2025 | HYGEIA HEALTHCARE HOLDINGS C COMMON STOCK USD.00001 | 53700T728 | 6078 | 8,600 | $ 13,910.74 | 0.82 |
| 11/28/2025 | ZHEJIANG SUPOR CO LTD A COMMON STOCK CNY1.0 | 53700T728 | 002032 | 2,100 | $ 14,880.41 | 0.88 |
| 11/28/2025 | BY HEALTH CO LTD A COMMON STOCK CNY1.0 | 53700T728 | 300146 | 9,800 | $ 17,024.82 | 1.01 |
| 11/28/2025 | MEITUAN CLASS B COMMON STOCK USD.00001 | 53700T728 | 3690 | 1,300 | $ 17,350.49 | 1.03 |
| 11/28/2025 | HAIER SMART HOME CO LTD H COMMON STOCK CNY1.0 | 53700T728 | 6690 | 5,400 | $ 18,399.70 | 1.09 |
| 11/28/2025 | INNER MONGOLIA YILI INDUS A COMMON STOCK CNY1.0 | 53700T728 | 600887 | 4,800 | $ 19,782.35 | 1.17 |
| 11/28/2025 | SINO WEALTH ELECTRONIC LTD A COMMON STOCK CNY1.0 | 53700T728 | 300327 | 6,000 | $ 23,566.96 | 1.4 |
| 11/28/2025 | SHENZHEN INOVANCE TECHNOLO A COMMON STOCK CNY1.0 | 53700T728 | 300124 | 3,300 | $ 32,765.79 | 1.94 |
| 11/28/2025 | JIANGSU HENGRUI PHARMACEUT A COMMON STOCK CNY1.0 | 53700T728 | 600276 | 3,800 | $ 33,468.87 | 1.98 |
| 11/28/2025 | BEIJING KINGSOFT OFFICE SO A COMMON STOCK CNY1.0 | 53700T728 | 688111 | 780 | $ 35,192.40 | 2.09 |
| 11/28/2025 | SITC INTERNATIONAL HOLDINGS COMMON STOCK HKD.1 | 53700T728 | 1308 | 11,000 | $ 37,763.75 | 2.24 |
| 11/28/2025 | BYD CO LTD H COMMON STOCK CNY1.0 | 53700T728 | 1211 | 3,000 | $ 37,937.33 | 2.25 |
| 11/28/2025 | AK MEDICAL HOLDINGS LTD COMMON STOCK HKD.01 | 53700T728 | 1789 | 58,000 | $ 41,687.99 | 2.47 |
| 11/28/2025 | LINK REIT REIT | 53700T728 | 823 | 8,900 | $ 42,341.17 | 2.51 |
| 11/28/2025 | ANTA SPORTS PRODUCTS LTD COMMON STOCK HKD.1 | 53700T728 | 2020 | 4,200 | $ 45,497.79 | 2.7 |
| 11/28/2025 | KE HOLDINGS INC CL A COMMON STOCK USD.00002 | 53700T728 | 2423 | 8,000 | $ 46,247.41 | 2.74 |
| 11/28/2025 | US DOLLAR | 53700T728 | - | 47,016 | $ 47,016.09 | 2.79 |
| 11/28/2025 | SHANDONG SINOCERA FUNCTION A COMMON STOCK CNY1.0 | 53700T728 | 300285 | 16,000 | $ 50,506.69 | 2.99 |
| 11/28/2025 | TENCENT MUSIC ENTERTAINM ADR ADR USD.000083 | 53700T728 | TME | 3,199 | $ 57,550.01 | 3.41 |
| 11/28/2025 | PING AN INSURANCE GROUP CO H COMMON STOCK CNY1.0 | 53700T728 | 2318 | 8,000 | $ 58,992.20 | 3.5 |
| 11/28/2025 | CHINA RESOURCES MIXC LIFESTY COMMON STOCK USD.00001 | 53700T728 | 1209 | 10,600 | $ 61,114.27 | 3.62 |
| 11/28/2025 | XIAOMI CORP CLASS B COMMON STOCK USD.0000025 | 53700T728 | 1810 | 12,400 | $ 63,934.78 | 3.79 |
| 11/28/2025 | NETEASE INC COMMON STOCK USD.0001 | 53700T728 | 9999 | 2,900 | $ 80,243.79 | 4.76 |
| 11/28/2025 | TRIP.COM GROUP LTD COMMON STOCK USD.00125 | 53700T728 | 9961 | 1,350 | $ 93,387.17 | 5.54 |
| 11/28/2025 | CONTEMPORARY AMPEREX TECHN A COMMON STOCK CNY1.0 | 53700T728 | 300750 | 1,800 | $ 94,781.40 | 5.62 |
| 11/28/2025 | AIA GROUP LTD COMMON STOCK | 53700T728 | 1299 | 10,200 | $ 105,838.79 | 6.28 |
| 11/28/2025 | HONG KONG EXCHANGES + CLEAR COMMON STOCK | 53700T728 | 388 | 2,400 | $ 127,509.55 | 7.56 |
| 11/28/2025 | ALIBABA GROUP HOLDING LTD COMMON STOCK USD.000003125 | 53700T728 | 9988 | 6,500 | $ 129,376.52 | 7.67 |
| 11/28/2025 | YUAN RENMINBI OFFSHORE | 53700T728 | - | 922,481 | $ 130,492.10 | 7.74 |
| 11/28/2025 | TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 | 53700T728 | 700 | 2,700 | $ 215,068.21 | 12.75 |
| 11/28/2025 | TOTAL NET ASSETS | 53700T728 | - | - | $ 1,686,368.38 | - |
* Fund holdings and/or sector allocations are subject to change at any time and are not recommendations to buy or sell any security.
Net Assets of the Fund (11/26/2025) $1,686,368
Shares Outstanding (11/26/2025) 125,000
Last Market Price (11/26/2025) $13.41
Change in Last Market Price (11/26/2025) $-0.11
Premium/Discount (11/26/2025) -0.08
30-Day Median Bid-Ask Spread (11/26/2025) 0.49
Disclosure:
The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and it may be obtained by calling 800-960-0188 or visiting www.imgpfunds.com. Read it carefully before investing. Polen Capital China Growth ETF Risks: Investing involves risk. Principal loss is possible. The Fund invests in Chinese securities. There is a risk that the value of the Fund’s investments in China may decline due to nationalization, expropriation and confiscation of assets or property. Losses may also occur due to new or expanded restrictions on foreign investments or repatriation of capital. The Fund invests in emerging market and foreign securities. Investment in foreign (non‑U.S.) securities and emerging market securities may cause the Fund to experience more rapid and extreme changes in value due to economic, political and social instability of such countries. The value of equity securities may fluctuate, sometimes rapidly and unpredictably, due to factors affecting the general market, an entire industry or sector, or particular companies. Because the Fund is “non‑diversified,” it may invest a greater percentage of its assets in the securities of a single issuer. Because the Fund may take into consideration the environmental, social and governance characteristics of portfolio companies in which it may invest, the Fund may select or exclude securities of certain issuers for reasons other than potential performance. The Fund is newly formed and has no operating history. A commission may apply when buying or selling an ETF. Index Definitions | Industry Terms and Definitions The Polen Capital China Growth ETF is distributed by ALPS Distributors, Inc.






