Middlefield U.S. Equity Dividend ETF

The investment objectives of Middlefield US Equity Dividend ETF formerly Middlefield American Core Dividend ETF the Fund are to provide holders with i stable monthly cash distributions; and ii long term total return through capital appreciation. The Fund’s investment portfolio. The Fund invests in a diversified, actively managed portfolio comprised primarily of dividend paying securities with a focus on the US consumer, financials, industrials and information technology sectors that are expected by Middlefield Capital Corporation MCC or the Advisor to benefit from growth in the US economy.