| Investment Objective: |
Aristotle Core Plus Income ETF (the "Fund") seeks a high level of current income; capital appreciation is of secondary importance. The Fund is an actively managed exchange-traded fund ("ETF") that invests principally in income-producing debt instruments. Under normal circumstances, the Fund will invest at least 75% of its assets in investment grade debt instruments, including corporate debt securities, asset-backed securities, mortgage-related securities, U.S. government securities and agency securities. U.S. government securities consist of U.S. Treasury securities and securities issued or guaranteed by U.S. government agencies or instrumentalities, and other fixed income and income-producing debt instruments. The Fund may invest up to 25% of its assets in non-investment grade (high yield/high risk, sometimes called "junk bonds") debt instruments. Debt instruments in which the Fund invests may include those denominated in U.S. dollars and issued by foreign entities in developed markets. The Fund expects to maintain a weighted average duration within two years (plus or minus) of the Bloomberg US Aggregate Bond Index. The sub-adviser's fundamental research process combines a bottom-up issuer analysis and top-down market assessment. |
