| Investment Objective: |
The Fund's investment objective is long-term growth of capital. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to invest in the companies that the Adviser believes will benefit from the artificial intelligence, or "AI," transformation. Target companies are generally chosen from US- and non-US-listed equity securities, including common and preferred stock equity securities of foreign companies listed on established exchanges, including NASDAQ American Depository Receipts (ADRs) and equity securities of specialized real estate investment trusts ("REITs"). The Fund typically invests in companies that span across sectors, including but not limited to the information technology, consumer discretionary, industrial, healthcare and communications sectors. The Fund typically invests in companies with market capitalizations of at least 300 million at the time of acquisition. The Fund typically invests in a portfolio of 25 to 60 companies. In considering potential investments, the Adviser will generally use a proprietary framework which includes fundamental analysis. The Fund will take an active management approach in responding to continued developments in AI and the tools powering AI products. |
