Brendan Wood TopGun ETF (BWTG US) – Portfolio Construction Methodology

The investment strategy underpinning the actively managed Brendan Wood TopGun ETF is rules-based active replication of a model portfolio sourced from the Brendan Wood Shareholder Conviction Universe of liquid U.S.-listed large-/mid-cap equities (including ADRs). The model ranks issuers on multi-attribute investment quality derived from structured interviews with institutional investors; the resulting selection is dollar-weighted equally at each annual January reconstitution, with interim trades as needed. The fund is non-diversified and typically concentrated by issuer relative to broad equity universes. Portfolio construction reflects equal-weight position sizing at rebalance, with implementation discretion limited to efficient trading and liquidity management. Eligibility favors liquid issuers (market cap ≥ roughly mid-cap) with persistent conviction scores; investability and capacity are supported by U.S. listing and large-cap bias. Sell and trim discipline is calendar-driven (reconstitution), with ad hoc adjustments for material thesis changes or corporate actions.

To explore BWTG in more depth, visit our ETF analytics platform for institutional-grade insights — including performance and risk metrics, correlations, sensitivities, and factor exposure: https://www.etfstrategy.com/etf/BWTG_US