| Investment Objective: |
ARMOR Core Risk-Managed ETF seeks long-term capital appreciation. The Fund is actively managed and seeks to achieve its investment objective through allocations to unaffiliated ETFs that represent each equity sector, or one or more ETFs representing a portion of a sector, of the S&P 500 Index. The Fund may also make an additional allocation to non-risk assets, such as cash or cash equivalent securities, including U.S. Treasury securities, ETFs that invest in short duration U.S. Treasury securities and short duration fixed-income ETFs, based on the Sub-Adviser's evaluation of market characteristics. The Fund will maintain exposure to the ETFs that represent each of the eleven equity sectors, but may not always maintain exposure to the Cash Allocation. These eleven sectors of the S&P 500 Index include: communications services; consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, utilities. The Fund will maintain exposure to all eleven sectors at all times in varying weights while dynamically managing total portfolio risk via its Cash Allocation. |
