| Investment Objective: |
The Virtus Silvant Growth Opportunities ETF (the "Fund") seeks capital appreciation. The Fund is an active ETF that invests at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that Silvant Capital Management LLC ("Silvant"), the Fund's sub-adviser, believes have higher than average growth potential. Silvant primarily invests the Fund's assets in equity securities of U.S. companies with market capitalizations of at least $1 billion. The Fund may also invest in non-U.S. securities, including through American Depositary Receipts (ADRs). In addition to common stocks and other equity securities (such as preferred stocks, convertible securities and warrants). The portfolio managers attempt to include securities in the Fund's portfolio that they believe exhibit the greatest combination of earnings growth potential, quality (as reflected in consistent business fundamentals) and attractive valuation. |