An Alpha ETF is an exchange-traded fund (ETF) that aims to outperform a specific benchmark index, such as the S&P 500 Index. The GQG US Equity ETF is an actively managed ETF that does not seek to replicate the performance of the S&P500 Index.

You should carefully consider the investment objective, risks, charges, and expenses of the Fund before investing. The Fund’s prospectus contains this and other important information about the Fund, which can be obtained by dialing +1 (866) 362-8333 or visiting gqg.com/documents. Please read the prospectus carefully before investing. The Fund’s Statement of Additional Information can also be obtained by dialing +1 (866) 362 8333 or visiting gqg.com/documents.

Understanding Investment Risk

Investing involves risks, including loss of principal. There is no guarantee the Fund will achieve its stated objective. Investments in the United States may result in the Fund being more susceptible to economic, political, regulatory, or other events or conditions affecting issuers within the United States. They may be subject to greater price volatility and risk of loss than a fund holding more geographically diverse investments. International investments may also be susceptible to the same events or conditions as well as unfavorable fluctuations in currency values, or differences in generally accepted accounting principles in other nations. The Fund is non-diversified. In addition to the normal risks associated with investing, investments in small and mid-size companies may be more volatile and less liquid than those of large companies. The Fund may invest in initial public offerings (IPOs) whose share values can vary widely due to limited trading experience and company information. Investing in IPOs carries higher risks and costs compared to established companies, along with market and liquidity risks. The Fund may trade frequently, increasing transaction costs and taxes due to short-term gains. Its performance depends on the Adviser’s investment decisions, which may not always be accurate, potentially leading to underperformance compared to similar funds.

SEI Investment Distribution Co. (SIDCO) is the distributor for the GQG US Equity ETF. SIDCO is not affiliated with GQG Partners. Check the background of SIDCo on FINRA’s BrokerCheck.

Benchmark returns have been obtained from Standard and Poors, a non-affiliated third party source. Neither Standard and Poors nor any other party involved in or related to compiling, computing, or creating the data make any Standard and Poors express warranties or representations with respect to data accuracy and completeness.

The S&P 500 Index is a free float-adjusted market cap index consisting of US companies. The index is unmanaged, and does not include the effect of fees. It’s not possible to invest directly in an index. Information about the benchmark index is provided to allow you to compare it to the performance of the Fund. Investors often use well-known and widely recognized indices as one way to gauge the investment performance of an investment manager’s fund compared to investment sectors that correspond to a fund. However, the Fund is actively managed and not intended to replicate the performance of the index index. The performance and volatility of the Fund may differ materially from the performance and volatility of its benchmark index, and its holdings will differ significantly from the securities that comprise the index. You cannot invest directly in an index, which does not take into account trading commissions and costs.

Any reference to or description of a security is for illustrative purposes only unless explicitly stated otherwise.

This web page is for the use of US investors only.