| Investment Objective: |
GMO Power Infrastructure ETF seeks to achieve the Fund's investment objective by investing the Fund's assets primarily in equities of companies operating in power infrastructure-related industries. Given global population growth, accelerating electrification, rising wealth in emerging markets, reindustrialization of developed economies and the increasing energy infrastructure requirements from data centers partly due to the emergence of artificial intelligence ("AI"), GMO believes that companies economically tied to power infrastructure will benefit from the increasing demand for electricity, energy and related infrastructure. GMO selects the securities the Fund buys and sells based on its evaluation of companies' published financial information and corporate behavior, securities' prices, commodities' prices, equity and bond markets, the overall global economy, and governmental policies. In selecting securities for the Fund, GMO uses a combination of investment methods to identify power infrastructure equities GMO believes have positive return potential relative to the securities of other power infrastructure equities. The Fund is permitted to invest directly and indirectly in securities of companies tied economically to any country in the world, including emerging countries. |
