The Fund is an actively managed exchange traded fund (ETF) that is a Fund of funds. The Fund seeks to achieve its objective by investing in any facet of the global debt markets. This includes corporate bonds, U.S. government and agency securities, private debt, foreign sovereign bonds, convertible securities, bank loans, asset-backed securities, mortgage-backed securities, and cash equivalent instruments. The Fund is not managed relative to an index and has broad flexibility to allocate its assets across different types of securities and sectors of the fixed income markets. The Funds strategy seeks to outperform traditional core fixed income indices and styles over full market cycles by investing dynamically.