Investment Objective
The Polen Capital International Growth ETF (the “Fund”) seeks to achieve long-term growth of capital.
Overview
PCIG seeks to achieve long-term growth by building a concentrated portfolio of international businesses with competitive advantages and the potential for sustained earnings growth.
- International growth strategy with a strong emphasis on sustainable earnings growth
- Focus on companies with high returns on capital and double-digit earnings growth
- Concentrated portfolio of approximately 30 high-quality growth companies
- Low portfolio turnover with long-term holding periods
PCIG
53700T736
US53700T7366
03/14/2024
International Growth Equities
Active ETF
0.85%
State Street Bank
ALPS Distributors
NYSE Arca
iM Global Partner Fund Management
Polen Capital
Polen Capital International Growth ETF Value of Hypothetical $10,000
The value of a hypothetical $10,000 investment in the Polen Capital International Growth ETF compared with the
Polen Capital International Growth ETF (Price), Morningstar Foreign Large Growth Category, MSCI ACWI (ex- U.S.) 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 | EURO CURRENCY | 53700T736 | - | 208 | $ 241.11 | 0 |
| 11/28/2025 | NET OTHER ASSETS | 53700T736 | - | 0 | $ 24,736.07 | 0.1 |
| 11/28/2025 | TELEPERFORMANCE COMMON STOCK EUR2.5 | 53700T736 | TEP | 3,735 | $ 248,823.09 | 0.96 |
| 11/28/2025 | SPOTIFY TECHNOLOGY SA COMMON STOCK EUR.000625 | 53700T736 | SPOT | 475 | $ 281,527.75 | 1.09 |
| 11/28/2025 | MAKEMYTRIP LTD COMMON STOCK | 53700T736 | MMYT | 4,327 | $ 304,231.37 | 1.18 |
| 11/28/2025 | AMADEUS IT GROUP SA COMMON STOCK EUR.01 | 53700T736 | AMS | 5,157 | $ 380,134.75 | 1.47 |
| 11/28/2025 | NINTENDO CO LTD COMMON STOCK | 53700T736 | 7974 | 4,700 | $ 397,765.13 | 1.54 |
| 11/28/2025 | GLOBANT SA COMMON STOCK USD1.2 | 53700T736 | GLOB | 7,113 | $ 447,976.74 | 1.73 |
| 11/28/2025 | SEA LTD ADR ADR USD.0005 | 53700T736 | SE | 3,438 | $ 461,585.88 | 1.79 |
| 11/28/2025 | DISCO CORP COMMON STOCK | 53700T736 | 6146 | 1,700 | $ 478,198.04 | 1.85 |
| 11/28/2025 | SIEMENS HEALTHINEERS AG COMMON STOCK | 53700T736 | SHL | 10,020 | $ 491,934.17 | 1.9 |
| 11/28/2025 | ICICI BANK LTD SPON ADR ADR | 53700T736 | IBN | 15,864 | $ 491,942.64 | 1.9 |
| 11/28/2025 | LONZA GROUP AG REG COMMON STOCK CHF1.0 | 53700T736 | LONN | 771 | $ 518,246.88 | 2.01 |
| 11/28/2025 | ASM INTERNATIONAL NV COMMON STOCK EUR.04 | 53700T736 | ASM | 948 | $ 525,413.50 | 2.03 |
| 11/28/2025 | TENCENT HOLDINGS LTD COMMON STOCK HKD.00002 | 53700T736 | 700 | 7,000 | $ 557,584.25 | 2.16 |
| 11/28/2025 | ON HOLDING AG CLASS A COMMON STOCK CHF.1 | 53700T736 | ONON | 13,160 | $ 568,380.40 | 2.2 |
| 11/28/2025 | US DOLLAR | 53700T736 | - | 570,249 | $ 570,249.36 | 2.21 |
| 11/28/2025 | WILLIS TOWERS WATSON PLC COMMON STOCK USD.000304635 | 53700T736 | WTW | 2,015 | $ 647,278.45 | 2.51 |
| 11/28/2025 | MEDTRONIC PLC COMMON STOCK USD.1 | 53700T736 | MDT | 6,228 | $ 654,064.56 | 2.53 |
| 11/28/2025 | INPOST SA COMMON STOCK EUR.01 | 53700T736 | INPST | 62,420 | $ 706,808.31 | 2.74 |
| 11/28/2025 | ADIDAS AG COMMON STOCK | 53700T736 | ADS | 4,327 | $ 796,631.43 | 3.08 |
| 11/28/2025 | NU HOLDINGS LTD/CAYMAN ISL A COMMON STOCK USD.000006667 | 53700T736 | NU | 52,284 | $ 901,899.00 | 3.49 |
| 11/28/2025 | ADYEN NV COMMON STOCK EUR.01 | 53700T736 | ADYEN | 593 | $ 921,101.79 | 3.57 |
| 11/28/2025 | MONDAY.COM LTD COMMON STOCK | 53700T736 | MNDY | 6,525 | $ 945,929.25 | 3.66 |
| 11/28/2025 | AON PLC CLASS A COMMON STOCK | 53700T736 | AON | 2,727 | $ 961,567.47 | 3.72 |
| 11/28/2025 | SCHNEIDER ELECTRIC SE COMMON STOCK EUR4.0 | 53700T736 | SU | 3,794 | $ 999,493.75 | 3.87 |
| 11/28/2025 | TOKYO ELECTRON LTD COMMON STOCK | 53700T736 | 8035 | 5,530 | $ 1,102,216.33 | 4.27 |
| 11/28/2025 | HDFC BANK LTD ADR ADR | 53700T736 | HDB | 35,299 | $ 1,293,002.37 | 5.01 |
| 11/28/2025 | MERCADOLIBRE INC COMMON STOCK USD.001 | 53700T736 | MELI | 652 | $ 1,325,724.64 | 5.13 |
| 11/28/2025 | ICON PLC COMMON STOCK EUR.06 | 53700T736 | ICLR | 7,291 | $ 1,338,992.15 | 5.18 |
| 11/28/2025 | SHOPIFY INC CLASS A COMMON STOCK | 53700T736 | SHOP | 8,832 | $ 1,407,290.88 | 5.45 |
| 11/28/2025 | ASML HOLDING NV COMMON STOCK EUR.09 | 53700T736 | ASML | 1,482 | $ 1,561,847.82 | 6.05 |
| 11/28/2025 | SAP SE COMMON STOCK | 53700T736 | SAP | 7,291 | $ 1,746,670.14 | 6.76 |
| 11/28/2025 | SAGE GROUP PLC/THE COMMON STOCK GBP.01051948 | 53700T736 | SGE | 125,967 | $ 1,773,364.23 | 6.86 |
| 11/28/2025 | TOTAL NET ASSETS | 53700T736 | - | - | $ 25,832,853.70 | - |
* 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) $25,832,854
Shares Outstanding (11/26/2025) 2,860,000
Last Market Price (11/26/2025) $9.01
Change in Last Market Price (11/26/2025) $0.08
Premium/Discount (11/26/2025) -0.02
30-Day Median Bid-Ask Spread (11/26/2025) 0.45
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 International Growth ETF Risks: Investing involves risk. Principal loss is possible. 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 International Growth ETF is distributed by ALPS Distributors, Inc.





