The Fund is an actively managed exchange-traded fund (ETF) whose investment objective is to provide long-term capital appreciation with a secondary emphasis on generating current income. The Adviser seeks to achieve the Funds investment objective by investing at least 80 percent of its net assets in income-producing equity securities that are judged to have strong growth characteristics. The Adviser considers income-producing equity securities as equity securities that pay dividends, such as common stocks, preferred stocks, securities (including debt securities) that are convertible into common stocks, and ETFs and other investment companies. The Adviser characterizes growth companies as those that are expected to achieve higher than average profitability ratios such as operating profit margin or return on equity and have characteristics to generate above average sustainable earnings and free cash-flow growth, while showing a history of paying a stable dividend. The Adviser will look at an industry peer group for the company owned or being actively analyzed for potential inclusion in the Funds portfolio and benchmark profitability ratios for the company versus the peer group average. Key ratios such as gross margin, earnings before interest, taxes, depreciation, and amortization (EBITDA) margin, operating margin, and net profit margin will be evaluated on a historical basis as well as projected into the future to determine if growth rates are achievable under various profitability assumptions. The portfolio managers tend to favor companies that have consistent profit margins and earnings growth. The Fund will invest primarily in securities issued by domestic companies. The Fund may also invest in real estate investment trusts (REITs).