The Fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its objective by investing the Funds assets in equity securities that, in the view of Acruence Capital, LLC, the Funds investment sub-adviser (Acruence or the Sub-Adviser), can produce market returns (i.e., return consistent with U.S. large capitalizations stocks as represented by the S&P 500 index) with lower volatility (i.e., a lower annual price variance as compared to the S&P 500 on an annual basis) in various market environments. The Sub-Adviser seeks to reduce the Funds volatility through the use of various options strategies (as described below). The Funds equity portfolio consists of two components, one with a dividend equity focus (e.g., companies that pay regular dividends) and the other with a growth equity focus.