The Fund will seek to invest in the equity securities of small-capitalization, mid-capitalization, and large-capitalization domestic and foreign companies that WBI Investments, LLC, the sub-advisor to the Fund, and an affiliate of Millington Securities, LLC, the advisor, believes display attractive prospects for growth in a companys intrinsic value, and in other tactical investment opportunities. The Fund may invest without limitation in securities of small-capitalization, mid-capitalization, and large-capitalization foreign issuers, and may invest up to 50 percent of its net assets in the securities of issuers in emerging markets. The Fund may invest up to 20 percent of its net assets in high-yield bonds. The Fund may also invest in other investment companies, including other ETFs, up to the limits specified in the Investment Company Act of 1940 or in reliance on exemptions therefrom.