| Investment Objective: |
The Fund is an actively-managed exchange-traded fund ("ETF") that does not seek to replicate the performance of a specific index. The Fund's principal investment strategy is to invest in a portfolio of large-cap growth securities, subject to the limitations of the Fund's values-based screening policies. The Fund invests primarily in securities that are considered by portfolio management to have potential for earnings or revenue growth. Portfolio management will select securities using an investment process that combines quantitative techniques, fundamental analysis and risk management. Securities generally are added to the portfolio based both on security rankings provided by multi-factor quantitative models and on fundamental analysis of the securities. Through its multi-factor quantitative models and fundamental analysis, portfolio management may consider, among other factors, a company's valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. |
