The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing in the equity securities of Video Game Companies. The Fund invests, under normal circumstances, at least 80% of its net assets in Video Games Companies. For purposes of the foregoing policy, Video Game Companies are companies that are economically tied to the Video Games industry, and generally include publishers, developers and distributors of interactive gaming software for console, PC, mobile and cloud platforms, as well as providers of related online gaming services and esports. Many Video Game Companies currently are categorized in the Entertainment Industry, a separate industry within the Communication Services Sector. As such, the Fund expects to have significant exposure to the Entertainment Industry and Communication Services Sector, though this exposure may vary over time.