UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 | ¨ | |||
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 3 | x |
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 |
¨ | |||
Amendment No. 6 | x |
HUNTINGTON STRATEGY SHARES
(Exact name of Registrant as Specified in Charter)
2960 North Meridian Street, Suite 300
Attn: R. Jeffrey Young
Indianapolis, IN 46208
(Address of Principal Executive Offices)
1-855-477-3837
(Registrants Telephone Number)
Jay S. Fitton, Esq.
Huntington Asset Services, Inc.
3805 Edwards Road
Cincinnati, OH 45209
(Name and address of Agent for service)
(Notices should be sent to the Agent for Service)
Copies to:
David C. Mahaffey, Esq.
Sullivan & Worcester LLP
1666 K Street, NW
Washington, DC 20006
It is proposed that this filing will become effective:
¨ | immediately upon filing pursuant to paragraph (b) |
x | on September 18, 2013 pursuant to paragraph (b) |
¨ | 60 days after filing pursuant to paragraph (a)(1) |
¨ | on (date) pursuant to paragraph (a)(1) |
¨ | 75 days after filing pursuant to paragraph (a)(2) |
¨ | on (date) pursuant to paragraph (a)(2) of rule 485 |
If appropriate check this box:
¨ | this post-effective amendment designates a new effective date for a previously filed post-effective amendment |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 (File No. 333-170750) and the Investment Company Act of 1940 (File No. 811-22497), the Registrant, HUNTINGTON STRATEGY SHARES, has duly caused this Post-Effective Amendment No. 3 to the Registration Statement to be signed on its behalf by the undersigned, thereto duly authorized, in the City of Indianapolis and State of Indiana, on the 17th day of September, 2013.
HUNTINGTON STRATEGY SHARES | ||
BY: | /s/ Jay S. Fitton | |
Jay S. Fitton, Secretary |
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment No. 3 to the Registration Statement has been signed below by the following persons in the capacities and on the date(s) indicated:
*By: /s/ Jay S. Fitton | September 17, 2013 | |||||
Jay S. Fitton, Attorney in Fact for the Persons Listed Below |
Date | |||||
/s/ Joseph L. Rezabek | September 17, 2013 | |||||
Joseph L. Rezabek, President | Date | |||||
/s/ R. Jeffrey Young | September 17, 2013 | |||||
R. Jeffrey Young, Principal Executive Officer | Date | |||||
/s/ Robert W. Silva | September 17, 2013 | |||||
Robert W. Silva, Treasurer and Principal Financial Officer |
Date | |||||
* | September 17, 2013 | |||||
David S. Schoedinger, Trustee | Date | |||||
* | September 17, 2013 | |||||
Thomas J. Westerfield, Trustee | Date | |||||
* | September 17, 2013 | |||||
Mark D. Shary, Trustee | Date | |||||
* | September 17, 2013 | |||||
William H. Zimmer, Trustee | Date | |||||
* | September 17, 2013 | |||||
Eddie R. Munson, Trustee | Date | |||||
*By Power of Attorney |
EXHIBIT INDEX
Exhibit Number |
Description | |
EX-101.ins | XBRL Instance Document | |
EX-101.sch | XBRL Taxonomy Extension Schema Document | |
EX-101.cal | XBRL Taxonomy Extension Calculation Linkbase Document | |
EX-101.lab | XBRL Taxonomy Extension Labels Linkbase | |
EX-101.pre | XBRL Taxonomy Extension Presentation Linkbase Document | |
EX-101.def | XBRL Taxonomy Extension Definition Linkbase |
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Registrant Name | dei_EntityRegistrantName | Huntington Strategy Shares | ||||
Prospectus Date | rr_ProspectusDate | Aug. 28, 2013 | ||||
Huntington US Equity Rotation Strategy ETF
|
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Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Fund Summaries Huntington US Equity Rotation Strategy ETF |
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Objective [Heading] | rr_ObjectiveHeading | Investment Objective | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to seek capital appreciation. | ||||
Expense [Heading] | rr_ExpenseHeading | Fees and Expenses | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. If you purchase or sell shares of the Fund in the secondary market through your financial institution, your financial institution may assess brokerage commissions or other charges to process the transactions. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment) |
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Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
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Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | August 31, 2014 | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund’s portfolio turnover rate was 13% of the average value of its portfolio for the fiscal year ending April 30, 2013. As the Fund commenced operations on July 23, 2012, the portfolio turnover rate does not reflect a complete fiscal year. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 13.00% | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not reflect the effect of brokerage commissions or other transaction costs you pay in connection with the purchase or sale of Fund shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and the expense reduction/reimbursement remains in place for the contractual period only. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||||
Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategy | ||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund is an actively managed exchange-traded fund (“ETF”) that, under normal conditions, will invest at least 80% of its net assets (plus borrowings for investment purposes) in the exchange-listed common stocks of select companies organized in the U.S. and included in the S&P Composite 1500® (“Companies”). The S&P Composite 1500 is a combination of the following indices: the S&P 500®, the S&P MidCap 400® and the S&P SmallCap 600®. The Fund will invest in Companies within each of the large-cap, mid-cap and small-cap U.S. equity market segments (each a “Market Segment”). The large-cap segment is represented by companies comprising the S&P 500, the mid-cap segment is represented by companies comprising the S&P MidCap 400 and the small-cap segment is represented by the companies comprising the S&P SmallCap 600. The Fund will also invest in Companies operating in each of the ten (10) sectors represented in the S&P Composite 1500. A sector is a large grouping of companies operating within the market that share similar characteristics. The ten (10) sectors comprising the S&P Composite 1500 are: utilities, consumer staples, information technology, healthcare, financials, energy, consumer discretionary, materials, industrials, and telecommunication services (“Sectors”). As market conditions change, the Fund intends to rotate the investment focus of the Fund so as to overweight its portfolio in Companies comprising those Market Segments and Sectors that the Advisor believes offer the greatest potential for capital appreciation in the given market environment and underweight its portfolio in those Market Segments and Sectors that the Advisor believes offer the least potential for capital appreciation in that same market environment. If the Fund’s portfolio allocation to a particular Market Segment or Sector exceeds that Market Segment’s or Sector’s current weighting in the S&P Composite 1500, then the Fund will be “overweighting” that Market Segment or Sector. Similarly, if the Fund’s portfolio allocation to a specific Market Segment or Sector is less than that Market Segment’s or Sector’s current weighting in the S&P Composite 1500, then the Fund will be “underweighting” that Market Segment or Sector. The Advisor believes that these adjustments, collectively, will position the Fund for continued capital appreciation in the new market environment. As of June 30, 2013, the adjusted statistics for the S&P Composite 1500, the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 are as follows:
Both in current market conditions and, more importantly, over longer time periods, the Advisor believes that investing in Companies consistent with its ongoing evaluation of the capital appreciation potential of the Market Segments and Sectors is intrinsic to maximizing performance in the domestic equity markets. The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. |
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Risk [Heading] | rr_RiskHeading | Principal Investment Risks | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | All ETFs, including the Fund, take investment risks. Therefore, it is possible to lose money by investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The primary factors that may reduce the Fund’s net asset value per share (“NAV”), market price per share and returns include: Active Trading Risk. The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. Equity Securities Risk. The price of equity securities in the Fund’s portfolio will fluctuate based on changes in a company’s financial condition and on market and economic conditions. ETF Risk. The Fund is an actively-managed ETF and the Fund’s NAV will fluctuate based on changes in the prices of the securities it owns. The market price of Fund shares will fluctuate based on changes in the Fund’s NAV as well as changes in the supply and demand of its shares in the secondary market. It is also possible that an active secondary market for Fund shares may not develop and market trading in the Fund shares may be halted under certain circumstances. Government Intervention and Extreme Volatility Risk. Instability in the financial markets has led the U.S. Government and other governments to take a number of unprecedented actions designed to support certain financial institutions and segments of the financial markets that have experienced extreme volatility, and in some cases a lack of liquidity. Increased government regulation could have an adverse effect on the Fund. Investment Style Risk. The type of securities in which the Fund focuses may underperform other assets or the overall market. Large-Cap Stock Risk. The Fund’s investment in larger companies is subject to the risk that larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. Liquidity Risk. Liquidity risk refers to the possibility that the Fund may not be able to sell a security when it wants to, which could cause the Fund to continue to hold the security and thereby incur a loss. Management Risk. The Advisor may not successfully implement the Fund’s investment strategies and, as a result, the Fund may underperform other investment vehicles with similar investment objectives and strategies. Market Risk. The value of securities in the Fund’s portfolio will fluctuate and, as a result, the Fund’s NAV or market price per share may decline suddenly or over a sustained period of time. Market Price Variance Risk. There may be times when the market price per share and NAV of the Fund may vary significantly, and because most investors buy and sell shares of the Fund in the secondary market at market price, investors may pay more than NAV when buying Fund shares, and receive less than NAV when selling Fund shares. In addition, investors will incur certain transaction costs in purchasing and selling Fund shares in the secondary market. Mid/Small-Cap Stock Risk. Because the smaller companies in which the Fund may invest may have unproven track records, a limited product or service base and limited access to capital, they may be more likely to fail than larger companies. Sector Risk. If the Fund invests more than 25% of its total assets in securities of issuers within a particular Sector, it is subject to increased risk. Performance will generally depend on the performance of the Sector, which may differ in direction and degree from that of the overall U.S. stock markets. In addition, financial, economic, business and political developments affecting the Sector may have a greater effect on the Fund than they would if the Fund did not focus on that Sector. |
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Risk Lose Money [Text] | rr_RiskLoseMoney | Therefore, it is possible to lose money by investing in the Fund. | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance | ||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | A performance bar chart and total return information for the Fund will be provided after the Fund has been in operation for a full calendar year. Updated performance information will be available at www.huntingtonstrategyshares.com, or by calling (855) HSS-ETFS or (855) 477-3837. | ||||
Performance One Year or Less [Text] | rr_PerformanceOneYearOrLess | A performance bar chart and total return information for the Fund will be provided after the Fund has been in operation for a full calendar year. | ||||
Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | (855) HSS-ETFS or (855) 477-3837 | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | www.huntingtonstrategyshares.com | ||||
Huntington US Equity Rotation Strategy ETF | Huntington US Equity Rotation Strategy ETF
|
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Risk/Return: | rr_RiskReturnAbstract | |||||
Shareholder Fees (fees paid directly from your investment) | rr_ShareholderFeeOther | none | ||||
Management Fee | rr_ManagementFeesOverAssets | 0.60% | ||||
Distribution and/or Service Fee (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [1] | |||
Other Expenses | rr_OtherExpensesOverAssets | 3.82% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | none | ||||
Total Annual Operating Expenses | rr_ExpensesOverAssets | 4.42% | ||||
Expense Reduction/Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | 3.47% | [2] | |||
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement | rr_NetExpensesOverAssets | 0.95% | ||||
1 Year | rr_ExpenseExampleYear01 | 97 | ||||
3 Years | rr_ExpenseExampleYear03 | 1,022 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,958 | ||||
10 Years | rr_ExpenseExampleYear10 | $ 4,346 | ||||
|
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||
Registrant Name | dei_EntityRegistrantName | Huntington Strategy Shares | ||||
Prospectus Date | rr_ProspectusDate | Aug. 28, 2013 | ||||
Huntington EcoLogical Strategy ETF
|
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Risk/Return: | rr_RiskReturnAbstract | |||||
Risk/Return [Heading] | rr_RiskReturnHeading | Fund Summaries Huntington EcoLogical Strategy ETF |
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Objective [Heading] | rr_ObjectiveHeading | Investment Objective | ||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The Fund’s investment objective is to seek capital appreciation. | ||||
Expense [Heading] | rr_ExpenseHeading | Fees and Expenses | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. If you purchase or sell shares of the Fund in the secondary market through your financial institution, your financial institution may assess brokerage commissions or other charges to process the transactions. | ||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment) |
||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) |
||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | August 31, 2014 | ||||
Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover | ||||
Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund’s performance. The Fund’s portfolio turnover rate was 16% of the average value of its portfolio for the fiscal year ending April 30, 2013. As the Fund commenced operations on June 18, 2012, the portfolio turnover rate does not reflect a complete fiscal year. | ||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 16.00% | ||||
Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. This Example does not reflect the effect of brokerage commissions or other transaction costs you pay in connection with the purchase or sale of Fund shares. The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same and the expense reduction/reimbursement remains in place for the contracted period only. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||||
Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategy | ||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund is an actively managed exchange-traded fund (“ETF”) and, under normal conditions, will invest at least 80% of its net assets (plus borrowings for investment purposes) in the exchange-listed equity securities of ecologically-focused companies. The Fund will primarily invest (at least 65% of total assets) in the U.S. exchange-listed common stock of ecologically-focused companies organized in the U.S. (“U.S. Companies”). The Fund, however, may also invest up to 35% of total assets in the exchange-listed common stock (or the equivalent thereof) and sponsored American Depositary Receipts (“ADRs”) of ecologically-focused companies organized outside the U.S. (“Foreign Companies”). Sponsored ADRs are securities issued by a U.S. bank or trust company with the cooperation of a foreign company evidencing ownership of underlying securities issued by that foreign company. The Fund may invest in companies of all sizes. The Adviser will apply the following ecologically-focused criteria to identify the equity securities of U.S. and Foreign Companies. Ecologically-focused companies are companies that have positioned their business to respond to increased environmental legislation, cultural shifts towards environmentally conscious consumption, and capital investments in environmentally oriented projects. These companies include, but are not limited to, all U.S. and Foreign Companies that are components of one or more well-recognized environmentally-focused indices (such as the Dow Jones Sustainability Indexes and the DB NASDAQ OMX Clean Tech Index). The Fund will also invest in ecologically-focused companies which are not included in a well-recognized environmentally-focused index but generate at least 1/3 of their revenues from activities aligned with one or more of the following environmental themes (“Environmental Themes”):
The strategy of investing in ecologically-focused companies may result in the Fund investing greater than 25% of its total assets in one or more market sectors (“Sectors”). A Sector is a large grouping of companies operating within the market that share similar characteristics. The ten most commonly recognized market Sectors are: utilities, consumer staples, information technology, healthcare, financials, energy, consumer discretionary, materials, industrials, and telecommunication services. Sectors are comprised of multiple individual industries. The Fund will not invest more than 25% of its total assets in an individual industry as defined by the Standard Industrial Classification Codes utilized by the Division of Corporation Finance of the U.S. Securities and Exchange Commission. The Fund actively trades its portfolio securities in an attempt to achieve its investment objective. |
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Risk [Heading] | rr_RiskHeading | Principal Investment Risks | ||||
Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | All ETFs, including the Fund, take investment risks. Therefore, it is possible to lose money by investing in the Fund. An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The primary factors that may reduce the Fund’s net asset value per share (“NAV”), market price and returns include: Active Trading Risk. The Fund may trade securities actively, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. Currency Risk. Securities denominated in foreign currencies may be adversely affected by changes in currency rates and by substantial currency conversion costs. Ecological Investment Risk. The Fund’s ecological investment criteria limit the types of investments the Fund may make. This could cause the Fund to underperform other funds that do not have an ecological focus. Equity Securities Risk. The price of equity securities in the Fund’s portfolio will fluctuate based on changes in a company’s financial condition and on market and economic conditions. ETF Risk. The Fund is an actively-managed ETF and the Fund’s NAV will fluctuate based on changes in the prices of the securities it owns. The market price of Fund shares will fluctuate based on changes in the Fund’s NAV as well as changes in the supply and demand of its shares in the secondary market. It is also possible that an active secondary market for Fund shares may not develop and market trading in the Fund shares may be halted under certain circumstances. Foreign Custodial Services Risk. Custodial services are generally more expensive in foreign jurisdictions than in the U.S. In addition, because the procedures for settling securities transactions in foreign markets differ from those in the U.S., it may be more difficult for the Fund to make intended purchases and sales of securities in foreign countries. Foreign Investment Risk. Investments in foreign securities tend to be more volatile and less liquid than investments in U.S. securities because, among other things, they involve risks relating to political, social and economic developments abroad, as well as risks resulting from differences between the regulations and reporting standards and practices to which U.S. and foreign issuers are subject. To the extent foreign securities are denominated in foreign currencies, their values may be adversely affected by changes in currency exchange rates. All of the risks of investing in foreign securities are typically increased by investing in emerging market countries. Government Intervention and Extreme Volatility Risk. Instability in the financial markets has led the U.S. Government and other governments to take a number of unprecedented actions designed to support certain financial institutions and segments of the financial markets that have experienced extreme volatility, and in some cases a lack of liquidity. Increased government regulation could have an adverse effect on the Fund. Growth Investing Risk. The growth stocks in which the Fund invests are typically more volatile than value stocks and may depend more on price changes than dividends for return. Investment Style Risk. The type of securities in which the Fund focuses may underperform other assets or the overall market. Large-Cap Stock Risk. The Fund’s investment in larger companies is subject to the risk that larger companies are sometimes unable to attain the high growth rates of successful, smaller companies, especially during extended periods of economic expansion. Liquidity Risk. Liquidity risk refers to the possibility that the Fund may not be able to sell a security when it wants to, which could cause the Fund to continue to hold the security and thereby incur a loss. Management Risk. The Advisor may not successfully implement the Fund’s investment strategies and, as a result, the Fund may underperform other investment vehicles with similar investment objectives and strategies. Market Risk. The value of securities in the Fund’s portfolio will fluctuate and, as a result, the Fund’s NAV or market price per share may decline suddenly or over a sustained period of time. Market Price Variance Risk. There may be times when the market price per share and NAV of the Fund may vary significantly, and because most investors buy and sell shares of the Fund in the secondary market at market price, investors may pay more than NAV when buying Fund shares, and receive less than NAV when selling Fund shares. In addition, investors will incur certain transaction costs in purchasing and selling Fund shares in the secondary market. Mid/Small-Cap Stock Risk. Because the smaller companies in which the Fund may invest may have unproven track records, a limited product or service base and limited access to capital, they may be more likely to fail than larger companies. Sector Risk. If the Fund invests more than 25% of its total assets in securities of issuers within a particular Sector, it is subject to increased risk. Performance will generally depend on the performance of the Sector, which may differ in direction and degree from that of the overall U.S. stock markets. In addition, financial, economic, business and political developments affecting the Sector may have a greater effect on the Fund than they would if the Fund did not focus on that Sector. |
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Risk Lose Money [Text] | rr_RiskLoseMoney | Therefore, it is possible to lose money by investing in the Fund. | ||||
Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | An investment in the Fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. | ||||
Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance | ||||
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | A performance bar chart and total return information for the Fund will be provided after the Fund has been in operation for a full calendar year. Updated performance information will be available at www.huntingtonstrategyshares.com, or by calling (855) HSS-ETFS or (855) 477-3837. | ||||
Performance One Year or Less [Text] | rr_PerformanceOneYearOrLess | A performance bar chart and total return information for the Fund will be provided after the Fund has been in operation for a full calendar year. | ||||
Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | (855) HSS-ETFS or (855) 477-3837 | ||||
Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | www.huntingtonstrategyshares.com | ||||
Huntington EcoLogical Strategy ETF | Huntington EcoLogical Strategy ETF
|
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Risk/Return: | rr_RiskReturnAbstract | |||||
Shareholder Fees (fees paid directly from your investment) | rr_ShareholderFeeOther | none | ||||
Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.60% | ||||
Distribution and/or Service Fee (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | [1] | |||
Other Expenses | rr_OtherExpensesOverAssets | 3.61% | ||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | none | ||||
Total Annual Operating Expenses | rr_ExpensesOverAssets | 4.21% | ||||
Expense Reduction/Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | 3.26% | [2] | |||
Total Annual Fund Operating Expenses After Fee Waiver/Expense Reimbursement | rr_NetExpensesOverAssets | 0.95% | ||||
1 Year | rr_ExpenseExampleYear01 | 97 | ||||
3 Years | rr_ExpenseExampleYear03 | 980 | ||||
5 Years | rr_ExpenseExampleYear05 | 1,877 | ||||
10 Years | rr_ExpenseExampleYear10 | $ 4,182 | ||||
|