| Investment Objective: |
The primary investment objective of the Brookmont Catastrophic Bond ETF (the "Fund") is to seek to generate current income with a secondary objective of capital preservation. The Fund is an actively managed exchange-traded fund ("ETF"). The Fund invests at least 80% of its net assets in catastrophe bonds. Catastrophe bonds, also known as event-linked or insurance-linked bonds, are structured securities whereby insurers or reinsurers transfer specific risks, typically those associated with severe events such as catastrophes or natural disasters, to capital market investors. These investments also may cover risks such as mortality, longevity and operational risks. For purposes of the Fund's 80% test, catastrophe bonds include other forms of insurance-linked securities ("ILS"), including quota share instruments, bonds or notes issued in connection with excess-of-loss, stop-loss, or other non-proportional reinsurance, collateralized reinsurance investments and industry loss warranties, and other insurance-and reinsurance-related bonds. |
