| Investment Objective: |
The Westwood Salient Enhanced Energy Income ETF is an actively managed ETF that seeks to provide current income and capital appreciation by investing in securities of energy companies, including upstream, midstream, downstream, oil service and integrated companies that operate in all phases of oil exploration, production, service and distribution. The Fund considers Energy Companies to include companies in the Global Industry Classification Standard ("GICS") energy sector and companies in any other GICS sectors that derive at least 50% of their revenues or profits from exploration, development, production, gathering, transportation, processing, storing, refining, distribution, mining or marketing, of natural gas, natural gas liquids (including propane), crude oil, refined petroleum products, petrochemicals, electricity, coal, uranium, hydrogen or other energy sources, renewable energy production, renewable energy equipment, energy storage, carbon, carbon dioxide, carbon dioxide. The Fund will engage in covered call writing. The Fund currently expects to write call options for the purpose of generating realized gains and distributable cash flow to investors. The Fund will only write call options on securities that the Fund holds in its portfolio (i.e., covered calls). |
