| Investment Objective: |
Polen Floating Rate Income ETF (the "Fund") seeks to achieve overall total return consisting of a high level of current income together with long-term capital appreciation. The Fund will seek to achieve its objective mainly by investing in bank loans and other high yield fixed income securities (commonly referred to as "junk bonds") with a focus on "middle market" issuers in the United States and, to a lesser extent, Canada. The Adviser considers middle market companies to be those with normalized earnings before interest, tax and depreciation in the range of $75-250 million. The Fund will invest its assets primarily in credit instruments that are rated below investment grade. High yield fixed income securities include high yield corporate bonds, senior loans, convertible bonds, preferred stock, and other types of debt instruments securities, floating and variable rate securities and other restricted fixed income securities. |
