| Investment Objective: |
The Fundstrat Granny Shots US Large Cap ETF (the "Fund") seeks long-term capital appreciation. The Fund, an actively-managed exchange-traded fund ("ETF"), seeks to achieve its investment objective by investing in U.S. large capitalization equity securities. For the Fund, this term refers to the unique proprietary research process of Fundstrat Capital, LLC (the "Sub-Adviser"). The Sub-Adviser begins its portfolio construction process by analyzing certain broad research areas, including macro-economics, monetary policy, demographics, behavioral trends, industrial and technology trends, and the business cycle. Once a theme is identified, the Sub-Adviser conducts a top-down fundamental analysis of U.S. companies with a market capitalization of over $10 billion. This analysis involves both qualitative and quantitative assessments aimed at identifying sectors and sub-sectors, and ultimately individual companies, within the investment universe that it believes will most benefit from the identified theme. |
