Investment Objective: |
The Alpha Architect Aggregate Bond ETF (the "Fund") seeks to provide investment results that, before fees and expenses, exceed the total return performance of an investment that tracks the U.S. Aggregate Bond Market. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to generate a total return in excess of the Solactive US Aggregate Bond Index (the "Benchmark"). Fund invests in options on either ETFs or indexes which are expected to provide performance that approximates that of the Benchmark. The Fund may use call options or combinations of call and put options (either referred to as "Combos") on ETFs or indexes such that the combination of these options contracts seeks to outperform the Benchmark. The Fund may invest in either standard exchange traded-listed options or FLexible EXchange Options ("FLEX Options") or a combination of both to gain such exposure. The Sub-Advisers have developed proprietary tactical signals that help in taking decisions regarding when to and to what extent to adjust the Fund's targeted notional exposure to the Representative Investments. |