This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund (“Shares”). You may also pay brokerage commissions on the purchase and sale of Shares, which are not reflected in the table or example.

Operating Expenses Caption [Text]

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Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Heading]

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PORTFOLIO TURNOVER

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The Fund may pay transaction costs, including 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 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. As of the date of this Prospectus, the Fund has not yet commenced operations and portfolio turnover data therefore is not available.

Other Expenses, New Fund, Based on Estimates [Text]

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Other Expenses are estimated for the current fiscal year.

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EXAMPLE

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The following 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 for the time periods indicated and then hold or sell all of your Shares at the end of those periods. The example also assumes that the Fund provides a return of 5% a year and that operating expenses remain the same. You may also pay brokerage commissions on the purchase and sale of Shares, which are not reflected in the example.

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Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading]

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PRINCIPAL INVESTMENT STRATEGIES

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The Fund is an actively managed exchange-traded fund (“ETF”) that employs a disciplined investment approach focused on high-quality U.S. growth companies. Suncoast Equity Management, LLC, the Fund’s sub-adviser (the “Sub-Adviser” or “SEM”), is responsible for implementing the Fund’s investment strategy, which seeks to achieve above-market returns with lower risk by constructing a concentrated portfolio of the common stock of approximately 15–30 U.S.-listed companies.

The Sub-Adviser employs a bottom-up fundamental stock selection approach that blends value and growth principles to select securities for the Fund — the “SEM Disciplined Investment System” (“SEM-DIS”). Bottom-up investing is an investment approach that focuses on individual stock analysis with less focus or emphasis on macroeconomic factors. As part of SEM-DIS, the Sub-Adviser evaluates large and mid-capitalization companies for those that satisfy the Sub-Adviser’s growth criteria. The SEM-DIS strategy defines a growth company as a company that has demonstrated one or more of the following characteristics:


Strong Financial Performance			Emphasis on above-average return on capital, free cash flow generation, and moderate to low debt levels.

Established Track Records			Companies with consistent operating histories through different economic cycles.

Favorable Growth Prospects			Preference for companies with durable competitive advantages and long-term growth potential.

Aligned Management Teams			Prioritizes companies where management exhibits a strong ownership mentality (i.e., they operate like they own the company) and prudent capital allocation.

The Sub-Adviser believes that companies that demonstrate one or more of these characteristics are more likely to generate long-term stock price appreciation.

After the Sub-Adviser has identified the companies that satisfy its growth criteria, it analyzes such companies to determine which ones offer the highest long-term growth potential and provide a margin of safety. The margin of safety, the value component of the SEM-DIS strategy, is designed to take all the information obtained from the company-specific bottom-up analysis and identify those companies that are selling at reasonable valuations when compared to their intrinsic valuations. The Sub-Adviser defines the “intrinsic value” as an estimate of a company’s value based on the company’s fundamentals and expected future cash flows. When determining a company’s intrinsic value, the Sub-Adviser looks for the following characteristics, although the companies selected may not have all of these attributes: (1) increasing amounts of free cash flow; (2) consistently growing sales and earnings; and (3) minimal debt in relation to free cash flow or no debt at all. The Sub-Adviser generally avoids companies that are trading above their intrinsic valuations.

The Sub-Adviser expects the Fund’s initial investment in a company will range from 2–4% of the Fund’s portfolio and will generally be paired back if the position grows to represent more than 10% of the Fund’s portfolio. In addition, the Fund will not “concentrate” (invest 25% or more of its net assets) in any industry, but, at times, the Fund may focus its investments in one or more sectors of the economy.

The Sub-Adviser seeks to identify long-term investments, so the Fund is expected to hold an investment on average for a period of 3–5 years. The Sub-Adviser may sell a security if it no longer aligns with its investment criteria due to such things as a potential threat to the company’s competitive advantage, a material change to a company’s management team, or a degradation in its prospects for long-term earnings growth. The Sub-Adviser may also sell a security if it is believed by the Sub-Adviser to be overvalued or if a more attractive investment opportunity exists.

Under normal circumstances, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in growth companies. The Sub-Adviser defines a growth company for purposes of the Fund’s 80% policy as a company whose earnings per share has grown by at least 5% for the 12-month period ended with any of the past eight fiscal quarter-ends.

The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund.

Strategy Portfolio Concentration [Text]

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Risk [Heading]

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PRINCIPAL INVESTMENT RISKS

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PERFORMANCE

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Performance information is not provided below because the Fund has not yet been in operation for one full calendar year. When provided, the information will provide some indication of the risks of investing in the Fund by showing how the Fund’s average annual returns compare with a broad measure of market performance. Past performance does not necessarily indicate how the Fund will perform in the future. Updated performance information will be available at https://suncoastequityetf.com.

Performance One Year or Less [Text]

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Performance information is not provided below because the Fund has not yet been in operation for one full calendar year.

Performance Availability Website Address [Text]

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https://suncoastequityetf.com

Performance Past Does Not Indicate Future [Text]

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Past performance does not necessarily indicate how the Fund will perform in the future.

Suncoast Select Growth ETF | Risk Nondiversified Status [Member]

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Risk [Text Block]

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Non-Diversification Risk. Because the Fund is non-diversified, it may be more sensitive to economic, business, political or other changes affecting individual issuers or investments than a diversified fund, which may result in greater fluctuation in the value of the Shares and greater risk of loss.

Suncoast Select Growth ETF | Risk Lose Money [Member]

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Risk [Text Block]

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An investor may lose money by investing in the Fund.

Suncoast Select Growth ETF | Risk Not Insured Depository Institution [Member]

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Risk [Text Block]

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An investment in the Fund is not a bank deposit and is not insured or guaranteed by the FDIC or any government agency.

Suncoast Select Growth ETF | Large-Capitalization Companies Risk Member

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Large-Capitalization Companies Risk. A large-capitalization companies stock may trail the returns of the overall stock market. Large-capitalization stocks tend to go through cycles of doing better — or worse — than the stock market in general. These periods have, in the past, lasted for as long as several years.

Suncoast Select Growth ETF | Growth Investing Risk Member

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Growth Investing Risk. The Fund invests in growth securities, which may be more volatile than other types of investments, may perform differently than the market as a whole and may underperform when compared to securities with different investment parameters. Under certain market conditions, growth securities have performed better during the later stages of economic recovery (although there is no guarantee that they will continue to do so). Therefore, growth securities may go in and out of favor over time.

Suncoast Select Growth ETF | Value-Style Investing Risk Member

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Value Style Investing Risk. A value stock may not increase in price if other investors fail to recognize the company’s value and bid up the price, or the markets favor faster-growing companies. Investing in or having exposure to “value” stocks presents the risk that the stocks may never reach what the Sub-Adviser believes are their full market values, either because the market fails to recognize what the Sub-Adviser considers to be the companies’ true business values, including its assessment of their intangible value, or because the Sub-Adviser misjudged.

Suncoast Select Growth ETF | Investment Risk Member

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Investment Risk. When you sell your Shares, they could be worth less than what you paid for them. The Fund could lose money due to short-term market movements and over longer periods during market downturns. Securities may decline in value due to factors affecting securities markets generally or particular asset classes or industries represented in the markets. The value of a security may decline due to general market conditions, economic trends or events that are not specifically related to the issuer of the security. Geopolitical and other risks, including war, terrorism, trade disputes, political or economic dysfunction within some nations, public health crises, and environmental disasters such as earthquakes, fire, and floods, may add to instability in world economies and volatility in markets generally. Changes in trade policies and international trade agreements could affect the economies of many countries in unpredictable ways. The value of a security may also decline due to factors that affect a particular industry or group of industries. During a general downturn in the securities markets, multiple asset classes may be negatively affected. Therefore, you may lose money by investing in the Fund.

Suncoast Select Growth ETF | Mid-Capitalization Companies Risk Member

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Mid-Capitalization Companies Risk. Investing in securities of mid-capitalization companies involves greater risk than customarily is associated with investing in larger, more established companies. These companies’ securities may be more volatile and less liquid than those of more established companies. Often mid-capitalization companies and the industries in which they focus are still evolving and, as a result, they may be more sensitive to changing market conditions.

Suncoast Select Growth ETF | Equity Investing Risk Member

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Equity Investing Risk. An investment in the Fund involves risks similar to those of investing in any fund holding equity securities, such as market fluctuations, changes in interest rates and perceived trends in stock prices. The values of equity securities could decline generally or could underperform other investments. In addition, securities may decline in value due to factors affecting a specific issuer, market or securities markets generally.

Suncoast Select Growth ETF | ETF Risks Member

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ETF Risks.

•Authorized Participants, Market Makers and Liquidity Providers Concentration Risk. The Fund has a limited number of financial institutions that may act as Authorized Participants (“APs”). In addition, there may be a limited number of market makers and/or liquidity providers in the marketplace. To the extent either of the following events occur, Shares may trade at a material discount to NAV and possibly face delisting: (i) APs exit the business or otherwise become unable to process creation and/or redemption orders and no other APs step forward to perform these services, or (ii) market makers and/or liquidity providers exit the business or significantly reduce their business activities and no other entities step forward to perform their functions.

•Premium-Discount Risk. The Shares may trade above or below their net asset value (“NAV”). The market prices of Shares will generally fluctuate in accordance with changes in NAV as well as the relative supply of, and demand for, Shares on NYSE Arca, Inc. (the “Exchange”) or other securities exchanges. The trading price of Shares may deviate significantly from NAV during periods of market volatility or limited trading activity in Shares. In addition, you may incur the cost of the “spread,” that is, any difference between the bid price and the ask price of the Shares.

•Cost of Trading Risk. Investors buying or selling Shares in the secondary market will pay brokerage commissions or other charges imposed by brokers as determined by that broker. Brokerage commissions are often a fixed amount and may be a significant proportional cost for investors seeking to buy or sell relatively small amounts of Shares.

•Trading Risk. Although the Shares are listed on the Exchange, there can be no assurance that an active or liquid trading market for them will develop or be maintained. In addition, trading in Shares on the Exchange may be halted. In stressed market conditions, the liquidity of Shares may begin to mirror the liquidity of its underlying portfolio holdings, which can be less liquid than Shares, potentially causing the market price of Shares to deviate from its NAV. The spread varies over time for Shares of the Fund based on the Fund’s trading volume and market liquidity and is generally lower if the Fund has high trading volume and market liquidity, and higher if the Fund has little trading volume and market liquidity (which is often the case for funds that are newly launched or small in size).

Suncoast Select Growth ETF | ETF Risks, Authorized Participants, Market Makers And Liquidity Providers Concentration Risk Member

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Suncoast Select Growth ETF | ETF Risks, Premium-Discount Risk Member

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Suncoast Select Growth ETF | ETF Risks, Cost Of Trading Risk Member

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Suncoast Select Growth ETF | ETF Risks, Trading Risk Member

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Suncoast Select Growth ETF | Sector Risk Member

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Sector Risk. To the extent the Fund invests more heavily in one sector or sub-sector of the market, it thereby presents a more concentrated risk and its performance will be especially sensitive to developments that significantly affect those sectors or sub-sectors. In addition, the value of the Fund’s shares may change at different rates compared to the value of shares of a fund with investments in a more diversified mix of sectors and industries. An individual sector or sub-sector of the market may have above-average performance during particular periods but may also move up and down more than the broader market.

Suncoast Select Growth ETF | Management Risk Member

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Management Risk. The Fund is actively-managed and may not meet its investment objective based on the Adviser’s, Sub-Adviser’s, or portfolio managers’ success or failure to implement investment strategies for the Fund. The success of the Fund’s investment program depends largely on the investment techniques and risk analyses applied by the Adviser, Sub-Adviser, and the portfolio managers and the skill of the Adviser, Sub-Adviser, and/or portfolio managers in evaluating, selecting, and monitoring the Fund’s assets. The Fund could experience losses (realized and unrealized) if the judgment of the Adviser, Sub-Adviser, or portfolio managers about markets or sectors or the attractiveness of particular investments made for the Fund’s portfolio prove to be incorrect. It is possible the investment techniques and risk analyses employed on behalf of the Fund will not produce the desired results. Absent unusual circumstances (e.g., the Adviser determines a different security has higher liquidity but offers a similar investment profile as a recommended security), the Adviser will generally follow the Sub-Adviser’s investment recommendations to buy, hold, and sell securities and financial instruments.

Suncoast Select Growth ETF | New Fund Risk Member

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New Fund Risk. The Fund is a recently organized investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision. There can be no assurance that the Fund will grow to or maintain an economically viable size.

Suncoast Select Growth ETF | Suncoast Select Growth ETF

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Trading Symbol

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SEMG

Management Fees (as a percentage of Assets)

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0.60%

Distribution and Service (12b-1) Fees

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none