| Investment Objective: |
Wedbush Laffer Tengler New Era Value ETF seeks income and long-term capital appreciation. The Fund is an actively managed Fund that seeks to achieve its investment objective by investing in high-quality, large-cap stocks that the Sub-Adviser (Laffer Tengler Investments, Inc.) believes have strong earnings and dividend growth potential and an above market dividend yield. The strategy utilizes two valuation metrics that the Sub-Adviser believes are consistent indicators of value Relative Dividend Yield (RDY) and Relative Price-to-Sales Ratio (RPSR). These indicators, both pioneered by the Laffer Tengler (LTI) team, are used to identify discreet periods of over- and under valuation, security by security, and are supported by LTI's rigorous and proprietary 12 Fundamental Factor research approach. The Fund will typically hold 25-35 positions, and seeks to produce an above-market dividend yield with low turnover. The Sub-Adviser intends to invest in high-quality, U.S. Large-Cap equities using its proprietary valuation metrics, Relative Dividend Yield (RDY) and Relative Price-to-Sales Ratio (RPSR). |
