| Investment Objective: |
The Fund is an actively-managed exchange-traded fund ("ETF") that invests in equity securities of U.S. domiciled, large-cap companies whose shares are listed on U.S. exchanges. The Fund seeks to invest in companies that its investment sub-adviser, SMART Wealth, LLC (the "Sub-Adviser"), believes offer the potential for above market earnings growth relative to the broader equities markets. The Sub-Adviser begins its investment selection process by identifying a universe of the 850 largest U.S.-listed domestic equity securities, ranked by market capitalization. From this group, the Sub-Adviser targets a portfolio of 30 equity securities of U.S. listed domestic companies that, in the Sub-Adviser's assessment, have risk, return, and price performance characteristics that have the potential for above-market earnings growth relative to the broader equities markets as represented by the S&P 500 Index. The Sub-Adviser believes that companies with potential for above-market earnings growth typically exhibit certain characteristics, such as new product launches, entries into new markets, earnings growth for multiple consecutive quarters and/or operating in markets with limited competitors. The portfolio is weighted based on market capitalization. |
