| Investment Objective: |
The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing in U.S.-listed equity securities of companies engaged in energy-related industries. Equity securities include common and preferred stock, depositary receipts issued on such common stock, and master limited partnerships ("MLPs"). Typical limited partnerships considered for investment by the Fund are in real estate, oil and gas and equipment leasing. Companies in energy-related industries are defined as (i) companies that generate a majority of its revenue from one or more of the following business activities: exploration, production, refining, marketing, storage, and transportation of oil, gas, coal, and consumable fuels, and manufacturing and providing oil and gas equipment and services ("Energy Companies"); or (ii) companies principally engaged in development, construction, manufacturing, or distribution of technology or capital goods for 1 the generation, efficient use, or transition of energy. Under normal circumstances, at least 80% of the Fund's net assets, plus borrowings for investment purposes, will be invested in Energy Companies. |
