OALC

OALC

OneAscent Large Cap Core ETF

OneAscent Large Cap Core ETF (OALC) seeks capital appreciation by investing in a broad group of large-cap U.S. companies similar to the S&P 500 after applying the OneAscent Elevate screening process.

Key Uniques:

1

Diversified Core U.S. Equity Exposure

OALC is constructed to be a core holding for equity portfolios by providing diversified access to U.S. large cap companies.
2

Index-Based Portfolio

OALC seeks to provide index-like returns by investing in a portfolio optimized to perform similar to the S&P 500.
3

Values-Aligned for Kingdom Impact

OALC uses a proprietary screening process to elevate companies that align with faith-based principles and positively impact the world.
Fund Details As of 09/04/2026
TickerOALC
CUSIP90470L527
Inception Date11/15/21
Net Assets$264,182,301.88
Net Expense Ratio0.49%
Gross Expense Ratio0.58%
Primary ExchangeNYSE Arca
Distribution FrequencyAnnually
Shares Outstanding6,325,000
Fund Price As of 09/04/2026
NAV$41.77
Market Price$41.77
30-Day Median Bid/Ask Spread0.22%
Premium/Discount0.00%
×
Historical Premium/Discount
The table above shows the number of days the fund traded at a premium or discount to its NAV. A premium occurs when the market price is higher than the NAV, while a discount occurs when the market price is lower.
30-Day Median Bid/Ask Spread gives investors the midpoint within the spread between an ETF’s selling price and buying price. It is calculated over the last 30 days in 10 second intervals by dividing the difference between the bid (sell price) and offer (buy price) by the midpoint of the National Best Bid Offer (NBBO) and identifying the median of those values.

Premium Discount is the amount the fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund's NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund's NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number.

Investment Process

Target Index

The S&P 500 is a large-cap indexof U.S. based companies and serves as a core component in many investment portfolios

Eliminate Screening

The components of the target index that do not pass OneAscent's Eliminate screening process are removed from the investable universe.

Optimization

We seek to optimize the remaining investable universe with the goal of minimizing tracking error to the target index.
A low-cost, values-aligned, core portfolio of U.S. large cap companies
The investable universe is defined as U.S. Companies with a market capitalization greater than $5 billion at the time of initial purchase.

Performance

Trailing Returns

Performance as of 06/30/2026

3 Month YTD 1 Year 3 Year Since Inception
OneAscent Large Cap Core ETF (Price) 19.73% 15.74% 27.20% 22.04% 11.83%
OneAscent Large Cap Core ETF (NAV) 19.60% 15.88% 27.22% 22.07% 11.82%
S&P 500 Index TR 15.20% 10.21% 22.32% 20.61% 12.35%

Fund NAV represents the closing price of underlying securities. Closing Market Price is calculated using the price which investors buy and sell ETF shares in the market. The Closing Market Price returns in the table were calculated using the closing price and account for distributions from the funds.

The performance data quoted represents past performance. Past performance 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 and current performance may be lower or higher than the performance quoted. For performance current to the most recent month end, please call 1-800-222-8274.

The total fund operating expense is 0.58%. The Fund’s advisor has contractually agreed to waive its management fee and/or reimburse the Fund’s other expenses in order to limit total operating expenses to 0.49% through December 31, 2026.

Source: Morningstar Direct

Elevate Stories

When a company elevates every single person and every square inch, they create stories worth sharing. Below are examples from this fund.

NVIDIA Corp.

Nearly half of U.S. women do not qualify for FMLA.¹
Birth mothers employed at NVIDIA are entitled to at least 22 weeks of fully paid leave, while non-birth parents may take up to 12 weeks of fully paid leave. This kind of policy is proven to create stronger families while increasing employee retention and satisfaction.
Learn More

Home Depot, Inc.

More than 1.6 billion people rely on forests for their livelihoods, yet the world lost 9.1 million acres of primary tropical forest in 2023.²
While they have long required third-party certification to avoid deforestation in endangered forests, after a 2023 supply chain audit, Home Depot will now require certification of at least 88% of its total wood sourcing by 2026.
Learn More

Bank of America

In 2024, homelessness increased by 18%, reaching a record high.³
BAC’s Community Development Banking is committed to helping clients navigate challenges and mitigate risk. In 2024, Community Development Banking delivered significant increases in housing for seniors, with over 2,900 units financed, up 133% from 2023; and housing for the formerly homeless, with more than 1,300 units financed, up 120% from 2023.
Learn More

Coca-Cola

Access to clean water remains a critical challenge in many regions, impacting health, education, and economic opportunity.⁴
Coca-Cola Co. elevates communities by providing clean water infrastructure. Coca-Cola advances water stewardship through its Replenish Africa Initiative (RAIN) and global water programs. In 2024, Coca-Cola helped provide safe drinking water to over 1 million people across Africa and Asia, restoring 100% of the water used in its beverages back to nature and communities. The company also invests in local water infrastructure, sanitation education, and women-led community projects, fostering healthier communities and sustainable ecosystems.
Learn More

Mastercard, Inc.

Smallholder famers in many African nations suffer from asymmetry of information.
The Mastercard Farmers Network gives smallholder farmers in Kenya, Tanzania, and Uganda access to increased price transparency, credit opportunities to expand their businesses, and digital records and purchase facilitation that eliminates the need for middlemen. This initiative is part of Mastercard's commitment to bring 1 billion people and 50 million small businesses access to the digital economy by 2025.
Learn More

Allocations as of 9/4/2026

Sector Allocation
As a percent of net assets. Portfolio Holdings are subject to change and should not be considered investment advice. Current and future portfolio holdings are subject to risk.

Documents

Summary Prospectus
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Prospectus
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SAI
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Semi-Annual Report
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Annual Report
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Fact Sheet
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Quarterly Holdings
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Form N-PX
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N-CSR
Semi-Annual
Annual

Investors should carefully consider the investment objectives, risks, and charges and expenses of the fund before investing. The prospectus contains this and other information about the fund, and it should be read carefully before investing. Investors may obtain a copy of the prospectus by calling 1-800-222-8274 or clicking the link above. The fund is distributed by Northern Lights Distributors, LLC, Member FINRA/SIPC, which is not affiliated with OneAscent Investment Solutions, LLC.

Important Risk Information:
Exchange-traded funds involve risk including the possible loss of principal. Past performance does not guarantee future results.

The Adviser invests in equity securities only if they meet both the Fund’s investment and values-based screening requirements, and as such, the returns may be lower than if the Adviser made decisions based solely on investment considerations.

Larger, more established companies may be unable to attain the high growth rates of successful, smaller companies during periods of economic expansion.

The Fund faces numerous market trading risks, including the potential lack of an active market for Fund sharers, losses from trading in secondary markets, and periods of high volatility and disruption in the creation/redemption process of the Fund. These factors may lead to the Fund’s shares trading at a premium or discount to NAV.

Additional risks are included in the Fund prospectus.

1Source: Brown, Scott, Jane Herr, Radha Roy, and Jacob Klerman. “Who Is Eligible?” DOL. | Gallant, Kristin. “The Heart-Shattering Feeling of Going back to Work after Having a Baby.” Time.
2Source: Weisse, Mikaela, Elizabeth Goldman, and Sarah Carter. “The Latest Analysis on Global Forests & Tree Cover Loss | Global Forest Review.” World Resources Institute.
3Source: https://newsroom.bankofamerica.com/content/newsroom/press-releases/2025/03/bofa-community-development-banking-delivers–7-8-billion-in-fina.html?__hstc=156062948.c45e8a0a12cbea931655c1c8b37428f1.1749661249984.1754318360597.1754322323307.59&__hssc=156062948.1.1754322323307&__hsfp=4053043738&hsutk=c45e8a0a12cbea931655c1c8b37428f1&contentType=standard-page
4Source: https://www.coca-colacompany.com/media-center/four-ways-the-coca-cola-foundation-and-partners-are-helping-protect-water