| Investment Objective: |
The Bluemonte Global Equity ETF (the "Fund") seeks to provide capital growth. The Fund is an actively managed exchange-traded fund ("ETF") that invests, under normal circumstances, at least 80% of its net assets in investments that provide exposure to equity securities. This includes Fund investments in shares of ETFs in equity securities. Through its investments in Underlying Funds, the Fund generally expects that under normal circumstances it will have investment exposure to at least three countries (one of which may be the United States) and at least 40% of its investment exposure will be to non-U.S. companies. The Underlying Funds may invest in the United States, developed foreign markets, emerging and frontier markets. The Underlying Funds may include funds that invest in, among other things, domestic and international equities (including developed markets and emerging and/or frontier markets) and real estate-related securities or instruments. The Fund's allocation may be diversified by market capitalization, style (such as value and growth funds), or other factors. In managing the portfolio, the Sub-Adviser uses a "top down" investment management approach employing macro analysis to determine allocation among capitalization, style, or sectors. |