| Investment Objective: |
The investment objective of the F/m US Treasury 3 Month Bill ETF (the "F/m UST 3M Bill Fund" or the "Fund") is to seek investment results that correspond (before fees and expenses) generally to the price and yield performance of the Bloomberg US Treasury Bellwether 3M Total Return USD Unhedged Index (I00087US) (the "Underlying Index"). It tracks the most recent or "on-the-run" ("OTR") 3 Month US Treasury security and is rebalanced on the last day of each month. The Index Provider constructs a single hypothetical security that mirrors the terms, conditions, and pricing of the most recent US 56 Treasury security issued by the U.S. government for the 3 Month issue. The hypothetical security is rolled to the new OTR Treasury security on the day after the treasury auction. On each day of the month, the hypothetical treasury is priced daily as per the OTR Treasury security it holds. |
