| Investment Objective: |
State Street DoubleLine Short Duration Total Return Tactical ETF (the "Fund") seeks to maximize current income with a dollar-weighted average effective duration between one and three years. Under normal circumstances, DoubleLine Capital LP will invest at least 80% of the Fund's net assets (plus the amount of borrowings for investment purposes) in a diversified portfolio of fixed income securities of any credit quality. The Fund intends to invest at least 25% of its net assets, in the aggregate, in mortgage-backed securities of any maturity or type guaranteed by, or secured by collateral that is guaranteed by, the U.S. government, its agencies, instrumentalities or sponsored corporations, and privately issued mortgage-backed securities. The Fund may invest a substantial portion of its assets in U.S. agency mortgage pass-through securities. |