| Investment Objective: |
The U.S. Defense ETF seeks to track the performance, before fees and expenses, of the Solactive U.S. Defense Index. The Index follows a rules-based methodology designed to track the performance of equity securities of publicly traded U.S. companies selected based on their development, manufacture, or delivery of products and services that have, or are expected to have, significant exposure to defense-related industries. The equity securities in which the Fund may invest include common stocks, partnership interests, business trust shares and other equity investments or ownership interests in business enterprises. The Index is based on a proprietary methodology created by Aura ETFs Inc. ("Aura"), which is a financial sponsor of the Fund. The Index follows a non-discretionary, rules-based methodology to determine the universe of potential Index components. The Index's initial investible universe consists of equity securities listed on U.S. securities exchanges. The Index includes equity securities of companies that generate at least 50% of their revenues from one or more of the following four defense categories Defense Systems & Military Platforms; Defense Technology; Defense Logistics, Simulation & Mission Support; and Cybersecurity & Digital Defense Infrastructure. |
