Description
The investment seeks total return. The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing (i) approximately 80% of its total assets with exposure to global equity securities generally based on a long-term view of macroeconomic factors (the strategic sleeve) and (ii) approximately 20% of its total assets to add or reduce exposure to one or more asset classes generally based on a short-term view of the market (the tactical sleeve). The fund may invest in futures contracts to gain long or short exposure to one or more asset classes.