| Investment Objective: |
The Bahl & Gaynor Small/Mid Cap Income Growth ETF (the "Fund") seeks current and growing dividend income, downside protection, and long-term capital appreciation. The Fund is an actively managed ETF that invests primarily in U.S.-listed equity securities of small- and mid-capitalization companies. The equity securities held by the Fund may include common stocks of U.S. companies, American Depositary Receipts ("ADRs"), and real estate investment trusts ("REITs"). In selecting securities, Bahl & Gaynor, Inc., the Fund's investment adviser ("Bahl & Gaynor" or the "Adviser"), employs a bottom-up approach that considers, among other factors, a company's historical earnings and dividend growth, as well as its balance sheet and cash flow generation, competitive position, and prospects for future cash flow and dividend growth. The Adviser targets companies that, in its judgement, have high-quality business models, strong competitive advantages, reasonable valuations, and sound capital allocation policies or approaches. The Adviser believes that the securities identified using such strategies have the potential to provide improved downside protection relative to the broader small- and mid- cap equity market. |