| Investment Objective: |
The ETF seeks to track the Bloomberg MSCI US Corporate SRI Select Index, which will capture a broad cross section of the U.S. US dollar-denominated investment-grade, fixed rate, taxable corporate bond market with maturities in excess of one year, resulting in a portfolio of intermediate duration. The index excludes the bonds of companies that the index provider, MSCI, determines are involved in, and/or derive threshold amounts of revenue from certain activities or business segments related to adult entertainment, alcohol, gambling, tobacco, nuclear weapons, controversial weapons, conventional weapons, civilian firearms, nuclear power, genetically modified organisms, or thermal coal, oil, or gas. The index also excludes the bonds of any company that, as determined by the index provider, does not meet certain standards defined by the index provider s ESG controversies assessment, which measures a company s involvement in major ESG controversies by assessing a variety of factors such as environmental impact, labor rights, human rights, community impact, governance, and compliance with the United Nations Global Compact Principles. Additionally, the index excludes companies that fail to have at least one woman on their board or do not report board diversity. |
