TWEEDY, BROWNE INSIDER + VALUE ETF

This Fund is an actively managed and fully transparent Exchange Traded Fund (ETF) that utilizes a proprietary multi-factor Tweedy Browne value model. The approach is informed by empirical research and the extensive experience of our Investment Committee. We target investments in US and non-US companies that we believe are undervalued and where knowledgeable “insiders,” i.e., executives, corporate officers, and/or directors or controlling shareholders, have been actively purchasing the company’s equity securities and/or the company is conducting opportunistic share buybacks.