DUBS

The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a combination of one or more other ETFs that track the performance of the U.S. large-cap equity market (the “Equity Strategy”) and total return swaps (the “Total Return Swaps Strategy”) to increase the fund’s total return. The fund manager expects that, under normal market conditions, approximately 80% to 95% of the fund’s assets will be invested in the Equity Strategy and up to 10% of the fund’s remaining assets will be invested in the Total Return Swap Strategy.