The Transform Supply Chain ETF is an actively managed exchange-traded fund (ETF) that invests in U.S.-listed equity, American depositary receipt (ADR) securities, and non-U.S. developed and emerging market-listed securities, which over time may vary as market and investment opportunities change. The Fund may also enter into currency-related spot transactions when it transacts in equities denominated in foreign currencies or invest in certain derivative instruments, such as currency futures or forwards that will help the Adviser manage risk associated with foreign currency exposure, if any, or futures contracts. The Fund's investments may include micro-, small-, medium- and large-capitalization equities of companies. The Adviser expects to hold between 20-40 equities within the Funds portfolio. The Funds equity securities include, but are not limited to, common stock, preferred stock and private investments in public equity (PIPEs). The Adviser may consider environmental and governance risk factors as part of its investment process, particularly in considering how each company's management of these factors may ultimately drive financial performance. The Adviser does not use aggregated environmental or governance ratings or rankings to exclude specific companies or sectors from investment, but instead generally uses its own proprietary analysis of each companys risk factors to make better informed decisions.