RESM

The fund is an actively managed exchange-traded fund (ETF). Under normal circumstances, the fund invests at least 80% of its assets (plus the amount of any borrowings for investment purposes) in equity securities of companies that have market capitalizations in the range of the companies in the Russell 2000® Index (the Capitalization Index), which ranged between $7.7 million and $36.8 billion as of February 28, 2026. The fund is non-diversified.