| Item | Value |
|---|---|
| Ticker (pseudo) | FRDH |
| CUSIP | Not applicable (hypothetical model portfolio) |
| Listing exchange | Not listed (hypothetical) |
| Underlying model | RD factor (Healthcare only) |
| Placeholder expense ratio | 0.45% |
| Placeholder inception date |
| 2020-05-10 |
| Number of holdings (long leg) | 72 |
| Weighting | Cap-weighted |
| Rebalance frequency | Monthly |
| Holdings as of | November 2026 |
| # | Ticker | Company | Sector | Weight | Market Value | CUSIP |
|---|---|---|---|---|---|---|
| 1 | IONS | IONIS PHARMACEUTICALS INC | Healthcare | 6.85% | $6,854,639 | HYP-IONS |
| 2 | VKTX | VIKING THERAPEUTICS INC | Healthcare | 5.30% | $5,300,541 | HYP-VKTX |
| 3 | DYN | DYNE THERAPEUTICS INC | Healthcare | 4.80% | $4,803,809 | HYP-DYN |
| 4 | BHC | BAUSCH HEALTH COMPANIES INC | Healthcare | 4.65% | $4,653,402 | HYP-BHC |
| 5 | RCUS | ARCUS BIOSCIENCES INC | Healthcare | 3.86% | $3,856,159 | HYP-RCUS |
| 6 | BEAM | BEAM THERAPEUTICS INC | Healthcare | 3.75% | $3,748,101 | HYP-BEAM |
| 7 | BHVN | BIOHAVEN LTD | Healthcare | 3.20% | $3,203,142 | HYP-BHVN |
| 8 | VIR | VIR BIOTECHNOLOGY INC | Healthcare | 3.13% | $3,128,391 | HYP-VIR |
| 9 | AGIO | AGIOS PHARMACEUTICALS INC | Healthcare | 2.86% | $2,862,844 | HYP-AGIO |
| 10 | SRPT | SAREPTA THERAPEUTICS INC | Healthcare | 2.59% | $2,587,350 | HYP-SRPT |
| 11 | NRIX | NURIX THERAPEUTICS INC | Healthcare | 2.57% | $2,568,512 | HYP-NRIX |
| 12 | RARE | ULTRAGENYX PHARMACEUTICAL INC | Healthcare | 2.50% | $2,499,186 | HYP-RARE |
| 13 | TDOC | TELADOC HEALTH INC | Healthcare | 2.39% | $2,387,361 | HYP-TDOC |
| 14 | IMCR | IMMUNOCORE HOLDINGS PLC | Healthcare | 2.37% | $2,373,647 | HYP-IMCR |
| 15 | NTLA | INTELLIA THERAPEUTICS INC | Healthcare | 2.23% | $2,231,680 | HYP-NTLA |
| 16 | NVAX | NOVAVAX INC | Healthcare | 2.18% | $2,178,480 | HYP-NVAX |
| 17 | GPCR | STRUCTURE THERAPEUTICS INC | Healthcare | 2.14% | $2,140,502 | HYP-GPCR |
| 18 | OCUL | OCULAR THERAPEUTIX INC | Healthcare | 2.08% | $2,082,329 | HYP-OCUL |
| 19 | MLYS | MINERALYS THERAPEUTICS INC | Healthcare | 2.07% | $2,068,614 | HYP-MLYS |
| 20 | NVCR | NOVOCURE LTD | Healthcare | 2.07% | $2,065,148 | HYP-NVCR |
| 21 | TNDM | TANDEM DIABETES CARE INC | Healthcare | 1.84% | $1,841,799 | HYP-TNDM |
| 22 | FRNM | FREENOME INC | Healthcare | 1.71% | $1,711,286 | HYP-FRNM |
| 23 | MLTX | MOONLAKE IMMUNOTHERAPEUTICS | Healthcare | 1.65% | $1,650,702 | HYP-MLTX |
| 24 | VSTM | VERASTEM INC | Healthcare | 1.60% | $1,602,927 | HYP-VSTM |
| 25 | SNDX | SYNDAX PHARMACEUTICALS INC | Healthcare | 1.29% | $1,294,429 | HYP-SNDX |
| 26 | MGTX | MEIRAGTX HOLDINGS PLC | Healthcare | 1.27% | $1,272,275 | HYP-MGTX |
| 27 | GLUE | MONTE ROSA THERAPEUTICS INC | Healthcare | 1.20% | $1,198,880 | HYP-GLUE |
| 28 | ALMS | ALUMIS INC | Healthcare | 1.20% | $1,195,715 | HYP-ALMS |
| 29 | SLDB | SOLID BIOSCIENCES INC | Healthcare | 1.18% | $1,177,479 | HYP-SLDB |
| 30 | QDEL | QUIDELORTHO CORP | Healthcare | 1.10% | $1,098,207 | HYP-QDEL |
| 31 | JANX | JANUX THERAPEUTICS INC | Healthcare | 1.06% | $1,059,927 | HYP-JANX |
| 32 | KURA | KURA ONCOLOGY INC | Healthcare | 1.03% | $1,028,882 | HYP-KURA |
| 33 | AVBP | ARRIVENT BIOPHARMA INC | Healthcare | 1.02% | $1,018,784 | HYP-AVBP |
| 34 | BCAX | BICARA THERAPEUTICS INC | Healthcare | 1.01% | $1,011,550 | HYP-BCAX |
| 35 | FDMT | 4D MOLECULAR THERAPEUTICS INC | Healthcare | 1.01% | $1,008,687 | HYP-FDMT |
| 36 | DNA | GINKGO BIOWORKS HOLDINGS INC | Healthcare | 1.00% | $999,494 | HYP-DNA |
| 37 | CGEM | CULLINAN THERAPEUTICS INC | Healthcare | 1.00% | $996,932 | HYP-CGEM |
| 38 | OLMA | OLEMA PHARMACEUTICALS INC | Healthcare | 0.99% | $992,862 | HYP-OLMA |
| 39 | CAPR | CAPRICOR THERAPEUTICS INC | Healthcare | 0.90% | $897,314 | HYP-CAPR |
| 40 | MYGN | MYRIAD GENETICS INC | Healthcare | 0.82% | $821,056 | HYP-MYGN |
| 41 | CBIO | CRESCENT BIOPHARMA INC | Healthcare | 0.80% | $804,478 | HYP-CBIO |
| 42 | RGNX | REGENXBIO INC | Healthcare | 0.80% | $800,258 | HYP-RGNX |
| 43 | NGNE | NEUROGENE INC | Healthcare | 0.75% | $745,702 | HYP-NGNE |
| 44 | ARVN | ARVINAS INC | Healthcare | 0.68% | $678,034 | HYP-ARVN |
| 45 | TECX | TECTONIC THERAPEUTIC INC | Healthcare | 0.63% | $632,520 | HYP-TECX |
| 46 | PBYI | PUMA BIOTECHNOLOGY INC | Healthcare | 0.63% | $629,506 | HYP-PBYI |
| 47 | ASMB | ASSEMBLY BIOSCIENCES INC | Healthcare | 0.62% | $619,258 | HYP-ASMB |
| 48 | LYEL | LYELL IMMUNOPHARMA INC | Healthcare | 0.58% | $579,471 | HYP-LYEL |
| 49 | PEPG | PEPGEN INC | Healthcare | 0.53% | $526,121 | HYP-PEPG |
| 50 | MPLT | MAPLIGHT THERAPEUTICS INC | Healthcare | 0.49% | $494,171 | HYP-MPLT |
| 51 | ENTA | ENANTA PHARMACEUTICALS INC | Healthcare | 0.49% | $491,609 | HYP-ENTA |
| 52 | KYTX | KYVERNA THERAPEUTICS INC | Healthcare | 0.47% | $468,852 | HYP-KYTX |
| 53 | EVMN | EVOMMUNE INC | Healthcare | 0.44% | $438,710 | HYP-EVMN |
| 54 | OFIX | ORTHOFIX MEDICAL INC | Healthcare | 0.43% | $426,352 | HYP-OFIX |
| 55 | BIOA | BIOAGE LABS INC | Healthcare | 0.39% | $391,388 | HYP-BIOA |
| 56 | ARCT | ARCTURUS THERAPEUTICS HOLDINGS INC | Healthcare | 0.37% | $366,672 | HYP-ARCT |
| 57 | RXST | RXSIGHT INC | Healthcare | 0.34% | $339,997 | HYP-RXST |
| 58 | DTIL | PRECISION BIOSCIENCES INC | Healthcare | 0.34% | $338,490 | HYP-DTIL |
| 59 | AMWL | AMERICAN WELL CORP | Healthcare | 0.31% | $312,266 | HYP-AMWL |
| 60 | TRDA | ENTRADA THERAPEUTICS INC | Healthcare | 0.31% | $305,032 | HYP-TRDA |
| 61 | KROS | KEROS THERAPEUTICS INC | Healthcare | 0.30% | $298,100 | HYP-KROS |
| 62 | KRRO | KORRO BIO INC | Healthcare | 0.30% | $295,990 | HYP-KRRO |
| 63 | RNAC | CARTESIAN THERAPEUTICS INC | Healthcare | 0.29% | $292,072 | HYP-RNAC |
| 64 | STRO | SUTRO BIOPHARMA INC | Healthcare | 0.24% | $239,625 | HYP-STRO |
| 65 | CUE | CUE BIOPHARMA INC | Healthcare | 0.19% | $191,550 | HYP-CUE |
| 66 | SPRB | SPRUCE BIOSCIENCES INC | Healthcare | 0.19% | $185,823 | HYP-SPRB |
| 67 | IMUX | IMMUNIC INC | Healthcare | 0.16% | $160,202 | HYP-IMUX |
| 68 | VTVT | VTV THERAPEUTICS INC | Healthcare | 0.13% | $125,087 | HYP-VTVT |
| 69 | GOSS | GOSSAMER BIO INC | Healthcare | 0.10% | $103,536 | HYP-GOSS |
| 70 | XLO | XILIO THERAPEUTICS INC | Healthcare | 0.09% | $87,712 | HYP-XLO |
| 71 | COCH | ENVOY MEDICAL INC | Healthcare | 0.08% | $79,423 | HYP-COCH |
| 72 | YARW | YARROW BIOSCIENCE INC | Healthcare | 0.08% | $78,971 | HYP-YARW |
DRAFT — HYPOTHETICAL MODEL PORTFOLIO — NOT A REGISTERED FUND, NOT AN OFFER TO SELL SECURITIES, NOT INVESTMENT ADVICE.