================================================================================================ DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE. ================================================================================================ Foundry Financial Services OCFP Factor ETF (FOCF) Fact Sheet · July 2026 · Dated 2026-09-12 Issuer: ETF Foundry Research (hypothetical) | Listing: Not listed (hypothetical) | CUSIP: Not applicable (hypothetical model portfolio) ## Investment Objective The Fund seeks long-term capital appreciation by tracking a rules-based OCFP factor model, before the placeholder expense ratio and trading costs. ## Key Facts Item | Value ------------------------------+---------------------------------------------- Ticker (pseudo) | FOCF CUSIP | Not applicable (hypothetical model portfolio) Listing exchange | Not listed (hypothetical) Underlying model | OCFP factor (Financial Services only) Placeholder expense ratio | 0.45% Placeholder inception date | 2019-06-12 Number of holdings (long leg) | 108 Weighting | Cap-weighted Rebalance frequency | Monthly Holdings as of | July 2026 ## Performance The following performance is HYPOTHETICAL and BACKTESTED — it was calculated by applying the model to historical data with the benefit of hindsight, is gross of the placeholder expense ratio and trading costs, and does not represent the results of any actual account. Past (hypothetical) performance does not guarantee or predict future results. ## Hypothetical Calendar-Year Total Returns (long-short backtest) Year | Hypothetical Total Return -----+-------------------------- 2017 | -0.56% 2018 | -16.02% 2019 | -13.39% 2020 | 1.71% 2021 | 10.37% 2022 | 8.90% 2023 | 1.88% 2024 | 2.00% 2025 | -0.88% 2026 | 7.91% ## Average Annual Total Returns (hypothetical, as of the most recent sample month) Period | Hypothetical Avg. Annual Total Return ------------------------------------+-------------------------------------- 1 Year | 10.51% 3 Years | 3.56% 5 Years | 5.32% 10 Years | 1.65% Since Model Inception (full sample) | -0.12% ## Top 10 Holdings (of 108) # | Ticker | Company | Sector | Weight | Market Value ---+--------+-------------------------------+--------------------+--------+------------- 1 | COF | CAPITAL ONE FINANCIAL CORP | Financial Services | 14.62% | $14,622,652 2 | TRV | TRAVELERS COMPANIES INC | Financial Services | 8.69% | $8,693,014 3 | ALL | ALLSTATE CORP | Financial Services | 7.27% | $7,266,336 4 | MET | METLIFE INC | Financial Services | 6.83% | $6,831,866 5 | AMP | AMERIPRISE FINANCIAL INC | Financial Services | 5.36% | $5,360,165 6 | PRU | PRUDENTIAL FINANCIAL INC | Financial Services | 4.67% | $4,666,994 7 | IBKR | INTERACTIVE BROKERS GROUP INC | Financial Services | 4.56% | $4,555,440 8 | HIG | HARTFORD INSURANCE GROUP INC | Financial Services | 4.34% | $4,343,073 9 | ACGL | ARCH CAPITAL GROUP LTD | Financial Services | 4.00% | $3,999,803 10 | SYF | SYNCHRONY FINANCIAL | Financial Services | 2.80% | $2,802,006 ## Sector Allocation Sector | Weight | # Holdings -------------------+---------+----------- Financial Services | 100.00% | 108 ## Portfolio Characteristics (hypothetical) Characteristic | Value -------------------------------+-------- Sharpe ratio (full sample) | 0.06 Annualized volatility | 12.88% Maximum drawdown | -60.56% Average monthly turnover | 13.25% Out-of-sample Sharpe (2019-26) | 0.26 ================================================================================================ DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE. ================================================================================================