Jose Ordoñez Jr.

Have a messy, old, or otherwise stale portfolio? This is your chance! A Section 351 exchange allows investors to exchange their old portfolios for shares in a new ETF. Join the Alpha Architect team on September 10 to learn how you can exchange your assets for shares in the Alpha Architect US Equity 5 ETF, ticker AAUD. $AAUD seeks to provide US core equity exposure for a 0.09% total annual fund expense.* Sign up today: us06web.zoom.us/webinar/regi… To learn more about AAUD, head to funds.alphaarchitect.com/aau… *Acquired Fund Fees and Expenses (AFFE) currently stand at 0.00%, but final contributed assets may add to the number upon launch.

Sometimes what gets you wealthy may not keep you wealthy. What do we mean by that? Consider an investor with $1M in Micron stock, and $1M in a US Large Blend ETF. Keeping the Micron stock means holding a lot of undiversified risk. Getting rid of it may mean triggering a taxable event that would likely result in lower compounding in the future. So what should the investor do? One possible solution is to contribute part of the stock and ETF into a 351 exchange. While the 351 exchange will not fully eliminate concentration, and requires a certain baseline of diversification to begin with, it can help meaningfully reduce concentration. Here’s how. With a 351 exchange, the investor must be able to uphold two main diversification rules: 1) The largest holding cannot be over 25% of the contributing portfolio. 2) The largest five holdings cannot be over 50% of the contributing portfolio. In this case, the investor must ensure that Micron does not make up over 25% of the contributed portfolio. Assuming that Micron makes up 1.5% of the US Large Blend ETF, the investor is able to contribute roughly $313K of Micron stock, along with the $1M of the ETF to the 351 exchange. This would result in roughly $687K in Micron single stock exposure, and $1.313M in the new ETF. If this situation sounds familiar, and you are looking for a 351 exchange offering to help further reduce concentration, we have good news! You can contribute your appreciated holdings to the Alpha Architect U.S. Equity 5 ETF, ticker $AAUD, today. AAUD seeks to deliver plain U.S. large blend exposure with a strategic dividend management overlay. If you’d like to learn more, we will be running a webinar on September 10. Sign up now! us06web.zoom.us/webinar/regi… You can also contact us at [email protected] Learn more about AAUD: funds.alphaarchitect.com/aau…

Inflationary market cycles are not a thing of the past. In fact, over the past five years Treasuries have realized negative returns. And while investors own bonds for diversification and income, positive returns definitely help! So... What should you do? While bonds can help diversify during times of declining interest rates, the past five years have demonstrated that inflationary market cycles are not a thing of the past. With inflation uncertainty still looming and bond yields ticking higher, investors looking for true diversification have been left scrambling for answers. Should you... Sell? Hold? Pray?! Join Alpha Architect on Thursday, August 20 to see where the bond market stands, how to position yourself for the fourth quarter and beyond in an unknown future, and why we believe our framework of fast & slow via the Alpha Architect Tail Risk ETF, ticker CAOS, and the Alpha Architect High Inflation and Deflation ETF, ticker HIDE, is an ideal complement to a traditional bond portfolio. Sign up here: us06web.zoom.us/webinar/regi… To learn more about HIDE and CAOS, head to funds.alphaarchitect.com/doc… Source: YCharts. 6/30/2021 - 6/30/2026. Daily cumulative total returns at NAV. “Treasuries” is composed of the 43 biggest open-ended funds (mutual funds and ETFs) in the Taxable Bond Broad Asset Class and Intermediate Government category based on assets under management (AUM). Intermediate-government funds have at least 90% of their bond holdings in bonds backed by the US government or by government-linked agencies. This backing minimizes the credit risk of these portfolios, as the US government is unlikely to default on its debt. These portfolios have durations typically between 3.5 and 6.0 years. Category derived by Alpha Architect based on categories determined by YCharts. As of 6/30/2026, there are 43 unique funds (ex-duplicate share classes) in the category. Past performance does not guarantee future results.  For informational purposes only.  Not meant to represent any Alpha Architect Funds.

Our 351 exchanges help investors solve a big portfolio problem: “How do I exit my current portfolio and gain core market exposure without triggering a large tax bill?” Today, we are proud to announce that the Alpha Architect US Equity 4 ETF, ticker $AAUB, has launched with $837M in assets, our largest 351 exchange to date. With AAUB’s launch, hundreds of investors woke up to a diversified portfolio with professional management thanks to the power of the 351 exchange. We believe that while the 351 has flown under the radar for years, it's about to break into the mainstream in a BIG way. That's why we're also pleased to announce that our next 351 exchange opportunity, the Alpha Architect U.S. Equity 5 ETF, ticker $AAUD, is set to launch on November 19. AAUD seeks to follow the same strategy as our previous 351 exchange launches and deliver plain U.S. large blend exposure with a strategic dividend management overlay, all for 9bps.* You can begin contributing to AAUD today. Simply email [email protected] to get started. Don’t miss out on the opportunity to kick that old, stale portfolio to the curb, and be a day one investor in AAUD. To learn more about AAUD head to funds.alphaarchitect.com/aau… To learn more about AAUB head to funds.alphaarchitect.com/aau… *While Acquired Fund Fees and Expenses (AFFE) currently stand at 0.00%, final contributed assets may add to the number upon launch.

As America turns 250, I keep coming back to a simple idea: this country is built on the dream of a win-win. You build something useful, create value, and make the pie bigger; your creation makes someone better off, and they pay you for it. Your gains don't require someone else's loss because by construction, what you build has to be a win-win, or it's back to the drawing board. America’s success comes down to one thing: a win-win culture. But this culture is hard to maintain because it goes against human nature: 1+1 = 3 is wacky math, and coveting your neighbor’s property is instinctual. Nevertheless, despite our worst instincts to think the opposite, a win-win culture makes everyone better off because the pie does get bigger. Alpha Architect fully embraces America’s win-win culture. We started with research, a small team, and a willingness to grind — not expensive marketing, a fancy office, or an army of salespeople, because all that leads to high-priced products (not a win for clients!). Our goal was a win-win: differentiated investment products at affordable prices, paired with the education to help investors understand them and sharpen their thinking. The market owes us nothing. Investors owe us nothing. We have to earn trust every day. We need to deliver value so others can get more, and maybe, if they are feeling generous, they’ll pay us a share of the value created. And we like that arrangement: Win-win. As America turns 250, we know we owe it all to this country and the culture that has been fostered over this time. America offers the freedom to build something useful, serve others, and keep proving that win-win is still possible. Semper Fidelis! Wes & the Alpha Architect team

While passive equities grabbed the headlines, factor equity has quietly gained more ground! Join us for a live deep dive into our value and momentum ETFs, how they may fit in a broader portfolio, and help advisers grow and retain clients in 2026. Sign up here: us06web.zoom.us/webinar/regi… To learn more about our ETFs, head to funds.alphaarchitect.com/doc…

Ignore a deadline, and it becomes scarier. Exchange your appreciated assets for shares of core US equity without triggering a taxable event. Now is your time! Contributions to the Alpha Architect US Equity ETF 4, ticker $AAUB, close next Wednesday, July 7th at 11:59 PM EST, at which point no more portfolios will be accepted. Contact [email protected] TODAY to secure a spot and exchange your old assets for new shares of AAUB. Learn more: funds.alphaarchitect.com/aau…