CAFG is an exchange traded fund that seeks to track the performance, before fees and expenses, of the Pacer US Small Cap Cash Cows Growth Leaders Index. The Pacer US Small Cap Cash Cows 100 ETF (the Fund) is an exchange traded fund that seeks to track the total return performance, before fees and expenses, of the A strategy-driven exchange traded fund that aims to identify top growth companies in the S&P SmallCap 600 Index by screening for above average free cash flow margins.

APCB is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the Bloomberg U.S. Aggregate Bond Index, the Fund’s benchmark index. The ratio of the Fund’s investment portfolio that is actively versus passively managed is determined by a variety of factors, including Envestnet’s proprietary methodologies and academic research on factor investing. APCB will invest at least 80% of its net assets in fixed income securities that are rated investment grade or better and up to 20% of its net assets in high yield debt securities. 

APIE is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the S&P Classic ADR Composite Index, the Fund’s benchmark index. The Fund also employs a strategic beta strategy for a portion of the Fund’s investment portfolio. The ratio of the Fund’s investment portfolio that is actively versus passively managed is determined by a variety of factors, including Envestnet’s proprietary methodologies and academic research on factor investing.

APMU is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the Bloomberg Municipal 1-10 Year Blend Index, the Fund’s benchmark index. The ratio of the Fund’s investment portfolio that is actively versus passively managed is determined by a variety of factors, including Envestnet’s proprietary methodologies and academic research on factor investing. APMU will invest at least 80% of its net assets in U.S. municipal bond securities that are exempt from U.S. federal income tax and are rated investment grade or better.

APUE is an actively-managed fund that blends active and passive investment strategies to optimize costs, tracking and potential return over the CRSP US Large Cap Index, the Fund’s benchmark index. The Fund also employs a strategic beta strategy for a portion of the Fund’s investment portfolio. The ratio of the Fund’s investment portfolio that is actively versus passively managed is determined by a variety of factors, including the firm’s proprietary methodologies and academic research on factor investing.

BWET provides long exposure to the crude oil tanker shipping market through a portfolio of near-dated futures contracts on indices that measure the cost of shipping crude oil. Futures reflect market expectations for the future cost of transporting crude oil. The first and only freight futures exchange-traded product exclusively focused on crude oil tanker freight rates.

USE is an actively managed exchange-traded fund. The Fund seeks long-term total return by using a proprietary methodology to invest in and allocate among energy-related derivative instruments based upon oil, petroleum, and natural gas, as well as other energy-related derivative instruments. Specifically, the Fund anticipates that it will invest in futures contracts including, but not limited to, WTI crude oil, Henry Hub natural gas, NY Harbor ultra-low sulfur diesel (formerly heating oil), RBOB gasoline, Brent crude oil and gas oil.

CLIA seeks long-term growth of capital by investing in public companies with technologies and business models that contribute to climate change mitigation. The Fund seeks to achieve its investment objective by investing in equity securities of U.S. and foreign companies, whose activities, business models or products make a substantial contribution to mitigating climate change. The Fund may invest in equity securities (including ADRs) only if they are listed on U.S. exchanges.

CMDT seeks total return which exceeds that of its benchmark, consistent with prudent investment management. The Fund seeks to achieve its investment objective by investing, under normal circumstances, in commodity-linked derivative instruments backed by an actively managed and diversified portfolio of Fixed Income Instruments of varying maturities and may also invest directly in commodities. The Fund invests in commodity-linked derivative instruments, including swap agreements, futures, options on futures, commodity index-linked notes and commodity options that provide exposure to the investment returns of the commodities futures markets.

IBMR seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds expected to mature or be redeemed before December 2, 2029. It’s exposed to investment grade municipal bonds that will mature, be called or be redeemed before December 2, 2029 and combines the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock.

BBEM seeks investment results that closely correspond to the Morningstar Emerging Markets Target Market Exposure Index. The Index is a free-float adjusted market cap-weighted index consisting of equity securities from emerging countries around the world. 

BBIP seeks investment results that closely correspond to the ICE 0-5 Year US Inflation-Linked Treasury Index. The Index consists of U.S. sovereign debt with interest and principal payments tied to inflation. Using a representative sampling investment approach, the Fund attempts to replicate the Index characteristics as closely as possible.

IQRA is an actively managed equity strategy that invests globally with exposure primarily to income-producing common equity securities of listed real estate and infrastructure companies. The Fund may also invest in preferred equity securities.

NVDY is an actively managed fund that seeks to generate monthly income by selling/writing call options on NVDA. NVDY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of NVDA. The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the share price of the common stock of NVIDIA Corporation, subject to a limit on potential investment gains.

BDGS is an actively managed, diversified exchange-traded fund that seeks to achieve its investment objective by investing in a blend of passively managed U.S. equity index ETFs, large-capitalization equity securities and cash or cash equivalents. The Fund will generally hold 5 to 20 investments selected from a universe that includes large-capitalization U.S. equity securities and passively managed index ETFs tracking U.S. small-, mid- and large-capitalization equity indexes.

LUX seeks to provide long-term growth by investing in companies operating in the luxury industry. These companies typically have dominant growing brands with aspirational timeless qualities leading to resilient business fundamentals. The universe of luxury spans fashion items, accessories, automobiles, hospitality and beauty.

RSHO seeks to provide long-term growth by investing in companies that stand to benefit from manufacturing moving back to U.S. shores. This long-term process is already leading to the upgrading and securing of supply chains, and reindustrialization, reinvigorating the domestic economy. The fund predominantly invests in companies that span sectors such as industrials, transport, infrastructure, materials, and semiconductors.

TOLL seeks to provide long-term growth by investing in companies operating in monopolistic industry structures, characterized by sustainable competitive advantage and high explicit and implicit barriers to entry. These companies tend to generate high returns on invested capital.

EMC is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMC seeks to invest in companies that are economically tied to long-term trends in emerging markets created by the newfound purchasing power of a rising middle class. The fund is not confined to the consumer staples and discretionary sectors, investing across a range of industries that may benefit from rising consumption.

EMM is an actively managed fund sub-advised in part by Mirae Asset Global Investments (Hong Kong) Limited. EMM seeks to invest in emerging market companies that we believe can achieve, or maintain, a dominant position within their respective market. As part of its investment strategy, EMM aims to identify early winners in growing industries, where entrepreneurship can produce long-term global competitiveness.

HYFI is an actively-managed exchange-traded fund. The Fund invests, under normal circumstances, at least 80% of its net assets in fixed-income securities rated Ba1 or lower by Moody’s Investors Service, or BB+ or lower by S&P Global Ratings or Fitch Ratings, or the equivalent by any nationally recognized statistical rating organization (commonly known as junk bonds); unrated securities considered by the Adviser to be of comparable quality; and related derivatives.

BKIV seeks long-term capital growth by investing in equity securities of U.S. innovation-driven companies, across the market capitalization spectrum. The fund considers companies to be innovative that, through their intellectual property, provide leading edge products or services that are transformative or disruptive to existing business practices.

BKWO seeks long-term capital growth, and looks to invest principally in U.S. companies that have attractive financial attributes and promote women’s opportunities—opportunities that can enhance the professional development and advancement of women and the ability of women to meet their work or other personal life responsibilities. The fund considers companies that promote women’s opportunities to be companies that demonstrate gender equity practices in the workplace and/or that provide products or services that are believed to enhance the lives of women, including female participation in management and board representation, positive benefit programs including family leave and flexible work arrangements, as well as companies that offer products/services that help women meet daily life needs.

PEMX invests mainly in common stocks (growth or value stocks or both) of emerging market companies of any size that the fund’s investment manager, Putnam Investment Management, LLC believes have favorable investment potential. Under normal circumstances, the fund invests at least 80% of the fund’s net assets in securities of emerging market companies excluding companies domiciled, or whose stock is listed for trading on an exchange, in China, as well as companies domiciled in Hong Kong.

AMPD seeks to track the total return performance, before fees and expenses, of the ICE U.S. Carbon Neutral Power Futures Index (ticker ICECNPIT) by investing in liquid U.S. electricity and carbon allowance futures contained in the index. The ICECNPIT combines the next 12 months of electricity futures contracts from the six major U.S. power pools (ISOs) deemed to be broadly representative of electricity consumption in the U.S. along with sufficient carbon allowance futures contracts designed, based on independently sourced data, to offset the carbon emissions from the electricity generation associated with the electricity futures. 

CHAT is an actively-managed fund designed to provide exposure to companies involved in the investment theme of artificial intelligence, generative artificial intelligence, and related technologies. Generative AI is a type of artificial intelligence technology that uses neural networks to generate new data that is similar in structure and format to existing data. Unlike other AI techniques that use existing data to make predictions or classifications, generative AI can create entirely new data that is original and unique. This is accomplished through the use of complex algorithms that learn to recognize patterns and relationships within large datasets, allowing the AI system to generate new content or ideas that are similar in style or format.

ECML is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in U.S. equity securities that the Sub-Adviser (Euclidean Technologies Management, LLC) believes are under-valued and under-appreciated by the market. The Fund employs a quantitative and systematic approach to longterm investing. It is expected that the Fund will generally hold 60 to 70 stocks that are selected from a universe that includes all publicly traded stocks listed on the New York Stock Exchange and the Nasdaq Market.

Under normal market conditions, BINC will invest in a combination of fixed-income securities, including, but not limited to: high yield securities; obligations issued or guaranteed by the U.S. Government, its agencies or instrumentalities; mortgage-backed securities issued or guaranteed by the U.S. Government or its agencies or instrumentalities, including U.S. agency mortgage pass-through securities; commercial mortgage-backed securities; non-agency residential mortgage-backed securities; mortgage to-be-announced securities; municipal securities; securitized assets such as asset-backed securities; dollar-denominated and non-dollar-denominated debt obligations of U.S. or foreign issuers, including emerging market issuers; and money market securities. 

BLCV seeks to maximize total return by investing primarily in large capitalization U.S. equities that exhibit value characteristics. It seeks to maximize total return by investing in U.S. public equity securities typically found in the Russell 1000 Value Index and it invests in companies thought to be undervalued that provide true value exposure.

The investment objective of GMAY is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF Trust, up to a predetermined upside cap of 14.60% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from May 22, 2023 through May 17, 2024.

The investment objective of SMAY is to seek to provide investors with returns (before fees and expenses) that match the price return of the iShares Russell 2000 ETF, up to a predetermined upside cap of 17.76% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from May 22, 2023 through May 17, 2024.

ZTAX seeks to provide income exempt from federal income tax. The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in a non-diversified portfolio of U.S. dollar-denominated municipal securities issued by Puerto Rico, Guam and the U.S. Virgin Islands.

AIDB is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing in a portfolio of ETFs that primarily invest in (1) equity securities of U.S. large capitalization companies (2) short-term debt securities, money market mutual funds, and other cash equivalents. The Fund operates in a manner that is commonly referred to as a fund of funds, meaning that it primarily invests in other ETFs. Under normal circumstances, through its investment in ETFs, the Fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in securities of U.S.-listed large capitalization companies.

NTRL seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the ICE Global Carbon Futures Index. The Global X Carbon Credits Strategy ETF (NTRL) seeks to provide exposure to multiple emissions trading schemes globally by investing in the most actively traded carbon credit futures. Specifically, NTRL takes long positions in futures that require physical delivery of emission allowances issued under cap and trade regimes, including those administered in the European Union, United Kingdom, and the state of California, as well as by an alliance of states in the northeastern U.S.