Dynamic Active Discount Bond ETF

Fund seeks to generate tax-efficient returns relative to its benchmark through active credit selection of discount investment-grade bonds. The ETF invests primarily in Canadian investment grade corporate bonds, such that the overall weighted average price of the portfolio is below that of the ETFs benchmark. Currently, the ETFs benchmark is comprised of ICE BofA 3-5 Year Canada Corporate Index and ICE BofA 5-7 Year Canada Corporate Index, with each index representing 50% of the benchmark.