| Item | Value |
|---|---|
| Ticker (pseudo) | FCHT |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | ChEQ factor (Technology only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2019-10-20 |
| Number of holdings (long leg) | 70 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | CRM | SALESFORCE INC | Technology | 24.24% | $24,237,037 | HYP-CRM |
| 2 | SNOW | SNOWFLAKE INC | Technology | 14.26% | $14,264,109 | HYP-SNOW |
| 3 | WDAY | WORKDAY INC | Technology | 6.22% | $6,218,869 | HYP-WDAY |
| 4 | TEAM | ATLASSIAN CORP | Technology | 5.19% | $5,191,577 | HYP-TEAM |
| 5 | FISV | FISERV INC | Technology | 4.43% | $4,429,003 | HYP-FISV |
| 6 | CPAY | CORPAY INC | Technology | 3.95% | $3,948,607 | HYP-CPAY |
| 7 | Q | QNITY ELECTRONICS INC | Technology | 3.47% | $3,471,568 | HYP-Q |
| 8 | PTC | PTC INC | Technology | 2.88% | $2,882,346 | HYP-PTC |
| 9 | FTV | FORTIVE CORP | Technology | 2.73% | $2,733,562 | HYP-FTV |
| 10 | TYL | TYLER TECHNOLOGIES INC | Technology | 2.28% | $2,279,642 | HYP-TYL |
| 11 | DOCU | DOCUSIGN INC | Technology | 2.03% | $2,027,675 | HYP-DOCU |
| 12 | MANH | MANHATTAN ASSOCIATES INC | Technology | 2.01% | $2,014,829 | HYP-MANH |
| 13 | GWRE | GUIDEWIRE SOFTWARE INC | Technology | 1.78% | $1,775,830 | HYP-GWRE |
| 14 | DT | DYNATRACE INC | Technology | 1.74% | $1,743,912 | HYP-DT |
| 15 | TRMB | TRIMBLE INC | Technology | 1.73% | $1,732,380 | HYP-TRMB |
| 16 | PCOR | PROCORE TECHNOLOGIES INC | Technology | 1.56% | $1,563,847 | HYP-PCOR |
| 17 | PAYC | PAYCOM SOFTWARE INC | Technology | 1.52% | $1,516,878 | HYP-PAYC |
| 18 | HUBS | HUBSPOT INC | Technology | 1.43% | $1,426,785 | HYP-HUBS |
| 19 | RAL | RALLIANT CORP | Technology | 1.06% | $1,059,141 | HYP-RAL |
| 20 | YOU | CLEAR SECURE INC | Technology | 1.01% | $1,009,276 | HYP-YOU |
| 21 | CVLT | COMMVAULT SYSTEMS INC | Technology | 0.92% | $920,157 | HYP-CVLT |
| 22 | SAIC | SCIENCE APPLICATIONS INTERNATIONAL CORP | Technology | 0.86% | $857,703 | HYP-SAIC |
| 23 | KVYO | KLAVIYO INC | Technology | 0.81% | $813,292 | HYP-KVYO |
| 24 | VRNS | VARONIS SYSTEMS INC | Technology | 0.77% | $765,809 | HYP-VRNS |
| 25 | PEGA | PEGASYSTEMS INC | Technology | 0.71% | $709,785 | HYP-PEGA |
| 26 | SYNA | SYNAPTICS INC | Technology | 0.63% | $634,445 | HYP-SYNA |
| 27 | BILL | BILL HOLDINGS INC | Technology | 0.63% | $627,745 | HYP-BILL |
| 28 | CCC | CCC INTELLIGENT SOLUTIONS HOLDINGS INC | Technology | 0.62% | $615,211 | HYP-CCC |
| 29 | BMI | BADGER METER INC | Technology | 0.59% | $593,825 | HYP-BMI |
| 30 | KD | KYNDRYL HOLDINGS INC | Technology | 0.50% | $503,000 | HYP-KD |
| 31 | INTA | INTAPP INC | Technology | 0.48% | $476,227 | HYP-INTA |
| 32 | AVPT | AVEPOINT INC | Technology | 0.47% | $465,777 | HYP-AVPT |
| 33 | DAVE | DAVE INC | Technology | 0.46% | $462,989 | HYP-DAVE |
| 34 | CIFR | CIPHER DIGITAL INC | Technology | 0.44% | $441,670 | HYP-CIFR |
| 35 | FOUR | SHIFT4 PAYMENTS INC | Technology | 0.42% | $421,190 | HYP-FOUR |
| 36 | OSIS | OSI SYSTEMS INC | Technology | 0.42% | $417,157 | HYP-OSIS |
| 37 | VERX | VERTEX INC | Technology | 0.39% | $389,747 | HYP-VERX |
| 38 | PAYO | PAYONEER GLOBAL INC | Technology | 0.33% | $331,327 | HYP-PAYO |
| 39 | NCNO | NCINO INC | Technology | 0.32% | $320,025 | HYP-NCNO |
| 40 | ASAN | ASANA INC | Technology | 0.30% | $299,694 | HYP-ASAN |
| 41 | AMPL | AMPLITUDE INC | Technology | 0.30% | $299,071 | HYP-AMPL |
| 42 | CALX | CALIX INC | Technology | 0.27% | $273,381 | HYP-CALX |
| 43 | CNXC | CONCENTRIX CORP | Technology | 0.26% | $264,420 | HYP-CNXC |
| 44 | AI | C3AI INC | Technology | 0.26% | $262,674 | HYP-AI |
| 45 | DBD | DIEBOLD NIXDORF INC | Technology | 0.25% | $248,894 | HYP-DBD |
| 46 | BL | BLACKLINE INC | Technology | 0.22% | $220,158 | HYP-BL |
| 47 | SEDG | SOLAREDGE TECHNOLOGIES INC | Technology | 0.20% | $203,563 | HYP-SEDG |
| 48 | WBTN | WEBTOON ENTERTAINMENT INC | Technology | 0.19% | $185,263 | HYP-WBTN |
| 49 | IBTA | IBOTTA INC | Technology | 0.18% | $184,343 | HYP-IBTA |
| 50 | PD | PAGERDUTY INC | Technology | 0.17% | $167,355 | HYP-PD |
| 51 | HLIT | HARMONIC INC | Technology | 0.15% | $152,277 | HYP-HLIT |
| 52 | BMBL | BUMBLE INC | Technology | 0.13% | $125,977 | HYP-BMBL |
| 53 | TASK | TASKUS INC | Technology | 0.11% | $111,751 | HYP-TASK |
| 54 | YEXT | YEXT INC | Technology | 0.10% | $102,492 | HYP-YEXT |
| 55 | TLS | TELOS CORP | Technology | 0.08% | $76,842 | HYP-TLS |
| 56 | NTGR | NETGEAR INC | Technology | 0.07% | $71,387 | HYP-NTGR |
| 57 | IIIV | I3 VERTICALS INC | Technology | 0.07% | $66,406 | HYP-IIIV |
| 58 | WYFI | WHITEFIBER INC | Technology | 0.06% | $63,347 | HYP-WYFI |
| 59 | LAW | CS DISCO INC | Technology | 0.06% | $57,879 | HYP-LAW |
| 60 | ALIT | ALIGHT INC | Technology | 0.05% | $45,683 | HYP-ALIT |
| 61 | HCKT | HACKETT GROUP INC | Technology | 0.05% | $45,128 | HYP-HCKT |
| 62 | TBCH | TURTLE BEACH CORP | Technology | 0.04% | $40,066 | HYP-TBCH |
| 63 | IMMR | IMMERSION CORP | Technology | 0.03% | $31,322 | HYP-IMMR |
| 64 | AEYE | AUDIOEYE INC | Technology | 0.02% | $24,554 | HYP-AEYE |
| 65 | DMRC | DIGIMARC CORP | Technology | 0.02% | $22,605 | HYP-DMRC |
| 66 | SSTI | SOUNDTHINKING INC | Technology | 0.01% | $14,700 | HYP-SSTI |
| 67 | OCC | OPTICAL CABLE CORP | Technology | 0.01% | $13,184 | HYP-OCC |
| 68 | WFCF | WHERE FOOD COMES FROM INC | Technology | 0.01% | $11,505 | HYP-WFCF |
| 69 | NRDY | NERDY INC | Technology | 0.01% | $10,219 | HYP-NRDY |
| 70 | CSPI | CSP INC | Technology | 0.01% | $9,908 | HYP-CSPI |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.