MSMR

This actively managed exchange-traded fund (ETF) invests in a portfolio of other ETFs. Its investment strategy incorporates proprietary trend analysis and sector rotation methods, which were developed and are systematically applied by the fund's designated investment sub-adviser. The sub-adviser utilizes a disciplined, rules-based process to select these underlying ETFs, integrating both its trend-following and sector-specific allocation approaches. This fund is classified as non-diversified.