US Small Cap Core ETF

IMPORTANT LEGAL INFORMATION

• You should consider the fund's investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information can be found in the fund's prospectus. To obtain a copy, visit the prospectus page or call +1 (800) 846-7526. Read the prospectus carefully before investing.

RISK

• All Investing involves risk, including the potential loss of principal.
  • Strategies intended to hedge risk may be partly or wholly unsuccessful.
  • The Fund has the same risks as the underlying securities traded on the exchange throughout the day. Redemptions are limited, and commissions are often charged on each trade. ETFs may trade at a premium or discount to their net asset value. The Fund is not actively managed and may be affected by a general decline in market segments related to the Index.
  • The Fund invests in securities included in, or representative of securities included in, the Index, regardless of their investment merits. The performance of the Fund may diverge from that of the Index.
  • Fixed income securities are subject to interest rate, inflation, credit and default risk. The bond market is volatile. Bonds and bond funds will decrease in value as interest rates rise and vice versa. Credit risk refers to the possibility that debt issuers may not be able to make principal and interest payments or may have their debt downgraded by ratings agencies.
  • Strategies intended to hedge risk may be partly or wholly unsuccessful.
  • The Fund may frequently change its holdings, resulting in higher fees, lower returns, and more capital gains.
  • The fund is also subject to liquidity risk, which is the risk that the Adviser may not be able to sell certain securities at an advantageous time or price, which may adversely affect the Fund.
  • Because the Index omits Excluded Securities, the Fund may be riskier than other funds that invest in a broader array of securities.
  • The value of the equity securities in which the Fund invests may decline in response to developments affecting individual companies and/or general economic conditions.
  • The fund is also subject to liquidity risk, which is the risk that the Adviser may not be able to sell certain securities at an advantageous time or price, which may adversely affect the Fund.
  • Dividends are never guaranteed. Dividend paying stocks may fall out of favor relative to the overall market.
  • The securities of large cap companies may underperform the securities of smaller cap companies or the market as a whole. The Fund is a new ETF and, therefore, has a limited history of operations for investors to evaluate.
• ETF Structure Risks. The Fund is structured as an exchange-traded fund ("ETF") and as a result is subject to special risks, including:
  Not Individually Redeemable. The Fund's shares ("Shares") are not individually redeemable and may be redeemed by the Fund at its net asset value per share ("NAV") only in large blocks known as "Creation Units." You may incur brokerage costs purchasing enough Shares to constitute a Creation Unit. Alternatively, you may redeem your Shares by selling them on the secondary market at prevailing market prices.
  Trading Issues. Trading in Shares on the Exchange (as defined below) may be halted due to market conditions or for reasons that, in the view of the Exchange, make trading in Shares inadvisable, such as extraordinary market volatility. There can be no assurance that Shares will continue to meet the listing requirements of the Exchange. There is no guarantee that an active secondary market will develop for the Shares. In stressed market conditions, the market for Shares may become less liquid in response to deteriorating liquidity in the markets for the Fund's underlying portfolio holdings, which may lead to differences between the market price of the Shares and the underlying value of those Shares.
  Market Price Variance Risk. The market prices of Shares will fluctuate in response to changes in NAV and supply and demand for Shares and will include a "bid-ask spread" charged by the exchange specialists, market makers or other participants that trade the particular security. There may be times when the market price and the NAV vary significantly. This means that Shares may trade at a premium or discount to NAV.
  International Closed Market Trading Risk. Many of the Fund's underlying securities trade on foreign exchanges that are closed when the Exchange (as defined below) is open; consequently, events may transpire while such foreign exchanges are closed but the Exchange is open that may change the value of such underlying securities relative to their last quoted prices on such foreign exchanges.
  Intraday Indicative Value (IIV) Risk. The Exchange intends to disseminate the approximate per share value of the Fund's published basket of securities ("Deposit Securities") every 15 seconds (the "intraday indicative value" or "IIV''). The IIV is not a "real-time" update of the NAV per share of the Fund because the IIV may not be calculated in the same manner as the NAV. For example, the calculation of the NAV may be subject to fair valuation at different prices than those used in the calculations of the IIV and, unlike the calculation of NAV, the IIV does not take into account Fund expenses. The IIV calculations are based on local market prices and may not reflect events that occur subsequent to the local market's close which could affect premiums and discounts between the IIV and the market price of the Shares. In addition, the IIV is based on the published Deposit Securities and not on the Fund's actual holdings.
  Authorized Participants Concentration Risk. A limited number of financial institutions may be responsible for all or a significant portion of the creation and redemption activity for the Fund. If these firms exit the business or are unable or unwilling to process creation and/or redemption orders, Shares may trade at a premium or discount to NAV.
• Fund risk is calculated with the ETF performance at NAV.
  Alpha is the excess return of a fund relative to the return of a benchmark index.
  Beta is a measure of the volatility, or systematic risk, of a security or portfolio relative to the market or a benchmark.
  R-Squared (R2) is a statistical measure that represents the percentage of a fund's or security's movements that can be explained by movements in a benchmark index.
  Information Ratio is a measure of the value added per unit of active risk by a manager over the benchmark.
  Sharpe Ratio is the average return earned in excess of the risk-free rate per unit of volatility or total risk.
  Standard deviation is a measure of the dispersion of a set of data from its mean. [Source: Zephyr]
• Small Capitalization Stock Risk. The earnings and prospects of small‐cap companies are more volatile than larger companies. Small‐cap companies normally have a lower trading volume than larger companies, which may tend to make their market price fall more disproportionately than larger companies in response to selling pressures.
• Foreign Investment Risks:
  Foreign Exposure Risk. Special risks associated with investments in foreign markets may include less liquidity, greater volatility, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards.
  Currency Risk. The Fund's net asset value could decline as a result of changes in the exchange rates between foreign currencies and the U.S. dollar. Additionally, certain foreign countries may impose restrictions on the ability of issuers of foreign securities to make payment of principal and interest to investors located outside the country, due to blockage of foreign currency exchanges or otherwise.

PERFORMANCE

• Performance quoted represents past performance and does not guarantee future results. Investment return and principal value will fluctuate, so shares, when redeemed, may be worth more or less than their original cost. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than that cited. ETF shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The market price used to calculate the Closing Market Price is the last trade as of the time that the Fund's NAV is calculated. If you trade your shares at another time, your return may differ. Index performance is shown for illustrative purposes only. It is not possible to invest directly in an unmanaged index.
• Total return figures reflect an expense limitation in effect during the periods shown; without such limitation, the performance shown would have been lower. Performance results assume the reinvestment of dividends and capital gains.
• Returns are average annual total returns, except those for periods of less than one year, which are cumulative. The inception date of the Victory US Large Cap Volatility Weighted BRI Total Return Index (ticker: SNVVBXT) is 04/01/2019, Victory US Large Cap High Dividend Volatility Weighted BRI Total Return Index (ticker: SNVDVBT) is 04/01/2019, Victory US Small Cap Volatility Weighted BRI Total Return Index (ticker: SNVSVBT) is 12/02/2019, and Victory International 500 Volatility Weighted BRI Total Return Index (ticker: SNVIVBT) is 12/02/2019 and returns are based on that inception date. Calendar year returns are shown at NAV.
• NAV % change is based on the last trade from the previous day's close and does not represent the returns an investor would receive if shares were traded at other times. Bid/ask midpoint is the midpoint between the highest and lowest offer, as of the time that the Fund's NAV is calculated, generally around 4pm (eastern time). Market price is the price of the last reported trade on the fund's primary exchange. Premium/discount % indicates whether the ETF is currently selling at a higher or lower price than the current value of the securities in that portfolio. The SEC yield is a standard yield calculation developed by the U.S. Securities and Exchange Commission (SEC) that allows for fairer comparisons of bond funds. It is based on the most recent 30-day period covered by the fund's filings with the SEC. The yield figure reflects the dividends and interest earned during the period after the deduction of the fund's expenses. Subsidized Yield reflects a fee waiver. Unsubsidized Yield represents what the yield would have been without the current fee waiver. The 12 month distribution rate is calculated by taking the Fund's NAV divided by the sum of the past 12 months' distributions. Source: Citi Fund Accounting
• MSCI EAFE Index is a free float-adjusted, market capitalization-weighted index that measures the performance of stocks in the developed markets, excluding the United States and Canada.
• Nasdaq Victory International 500 Volatility Weighted Index - NQVWIL - is a volatility weighted index comprised of the 500 largest publicly traded foreign companies by market capitalization with positive earnings in each of the four most recent quarters.
• Nasdaq Victory U.S. Large Cap 500 Long/Cash Volatility Weighted Index - NQVWLCC - reduces its exposure to the equity markets during periods of significant market declines and reinvests when market prices have further declined or rebounded.
• Nasdaq Victory U.S. Large Cap 500 Volatility Weighted Index - NQVWLC ("VICTORY500") - is a volatility weighted index comprised of the 500 largest U.S. companies by market capitalization with positive earnings in each of the four most recent quarters.
• Nasdaq Victory U.S. Large Cap High Dividend 100 Long/Cash Volatility Weighted Index - NQVWLDC - begins with up to the highest 100 dividend-yielding stocks within the VICTORY500.
• Nasdaq Victory U.S. Large Cap High Dividend 100 Volatility Weighted Index - NQVWLD - begins with up to the highest 100 dividend-yielding stocks within the VICTORY500.
• Nasdaq Victory U.S. Small Cap 500 Volatility Weighted Index - NQVWSC - is a volatility weighted index comprised of the 500 largest U.S. companies with market capitalizations of less than $3 billion with positive earnings in each of the four most recent quarters.
• Russell 1000® Value Index - is a market-capitalization-weighted index that measures the performance of Russell1000® Index companies (which consists of the 1,000 largest U.S. companies based on total market capitalization) with lower price-to-book ratios and lower forecasted growth rates.
• Russell 2000® Index - is a market capitalization-weighted index that measures the performance of the 2,000 smallest U.S. stocks by market capitalization in the Russell 3000® Index.
• S&P 500® Index - is a market capitalization-weighted index that measures the performance of the common stocks of 500 leading U.S. companies.
• Victory International Volatility Weighted BRI Index - SNVIVB - eliminates companies from the NQVWIL that do not satisfy the proprietary Biblically Responsible Investing filtering criteria.
• Victory US Large Cap High Dividend Long/Cash Volatility Weighted BRI Index - SNVDVC - is comprised of the highest 100 dividend-yielding stocks within the SNVVBX. The goal of the Long/Cash structure is to reduce exposure to equities during significant market decline periods by going partially to cash, and subsequently reallocating to stocks when market prices have further declined or rebounded.
• Victory US Large Cap High Dividend Volatility Weighted BRI Index - SNVDVB - is comprised of the highest 100 dividend-yielding stocks within the SNVVBX that satisfy the proprietary Biblically Responsible Investing filtering criteria.
• Victory US Large/Mid Cap Long/Cash Volatility Weighted BRI Index - SNVVBC - eliminates companies from the NQVWLCCT that do not satisfy the proprietary Biblically Responsible Investing filtering criteria. The goal of the Long/Cash structure is to reduce exposure to equities during significant market decline periods by going partially to cash, and subsequently reallocating to stocks when market prices have further declined or rebounded.
• Victory US Large/Mid Cap Volatility Weighted BRI Index - SNVVBX - is comprised of the companies listed within the VICTORY500 that also satisfy the proprietary Biblically Responsible Investing filtering criteria.
• Victory US Small Cap Volatility Weighted BRI Index - SNVSVB - eliminates companies from the NQVWSC that do not satisfy the proprietary Biblically Responsible Investing filtering criteria.

DISTRIBUTIONS

• Distributions paid represent a share of a Fund's net income and or capital gains. Recent distributions are shown as $/share. Distributions are only paid to the extent a Fund generates net income or capital gains.

HOLDINGS

• Holdings are subject to change.
• Characteristics:
  Weighted harmonic average is the average market capitalization of all companies in a portfolio with each company weighted according to its percent of the portfolio.
  Market capitalization is the total dollar value of all outstanding shares computed as number of shares times current market price.
  Avg Price/Earnings Ratio (Last 12 Months & Next 12 Months) Shows the multiple of earnings at which a stock sells. Determined by dividing current stock price by earnings per share for the relevant 12 month period. Earnings per share for the P/E ratio are determined by dividing earnings for the relevant 12 month period by the number of common shares outstanding.
  Average Price/Book Ratio compares a stock's market value to the value of total assets less total liabilities (book value).
  Dividend yield is total cash dividends paid as a percent of market capitalization at the end of the period. The yield for the index is the total of all dividends paid over twelve months divided by the total market capitalization.
  Return on Equity is net income divided by common equity. A measure of how well a company used reinvested earnings to generate additional earnings.
  EPS is the portion of a company's profit allocated to each outstanding share of common stock.
  Earnings per share serves as an indicator of a company's profitability.
  Long-Term Debt/Capitalization is an indicator of financial leverage. Shows long-term debt as a proportion of the capital available. Determined by dividing long-term debt by the sum of long-term debt, preferred stock and common stockholder's equity. Source: FactSet Research Systems, Inc.
  
• Target metrics reflect our stated goals and are not absolute limits as these are affected by various factors like market fluctuations.
• Percentage allocations listed above may not sum to 100% due to rounding methodology.

OTHER IMPORTANT INFORMATION

• External Links: Certain hyperlinks will direct you to external, third-party websites that are not maintained by Timothy Partners, Ltd., Victory Capital, Foreside Fund Services, LLC., or any of their affiliates. Neither Timothy Partners, Ltd., Victory Capital nor Foreside Fund Services, LLC., controls these websites, or makes any representations or endorsements whatsoever concerning the content of the external sites. Please see our User Agreement for details.
• © 2019 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
• Timothy Plan ETFs are distributed by Foreside Fund Services, LLC., member FINRA and SIPC. Find out more about the background of this firm on FINRA's BrokerCheck. Timothy Partners, Ltd. Is the advisor and Victory Capital Management Inc. is the sub-adviser to the Timothy Plan ETFs. Timothy Partners, Ltd., and Victory Capital are not affiliated with Foreside Fund Services, LLC.
• The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy, or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.
• Not a Deposit / Not FDIC or NCUA Insured / May Lose Value / No Bank or Credit Union Guarantee

FOOTNOTES

1.   As of Date: 9/29/22 
2.   Price: Value of one share on a given day.
3.   Change: From last quoted price.
4.   NAV Notes: Net asset values fluctuate. Shares are not insured or guaranteed and are redeemable at current net asset value, which may be more or less than the original cost.
5.   Timothy Plan US Large Cap Core ETF: Commenced on April 30, 2019.
6.   Timothy Plan High Dividend Stock ETF: Commenced on April 30, 2019.
7.   Timothy Plan US Small Cap Core ETF: Commenced on December 2, 2019.
8.   Timothy Plan International ETF: Commenced on December 2, 2019.
   
   Please see prospectus for details.