Nomura Small and Mid Cap ETF

Nomura Small and Mid Cap ETF is an actively managed exchange-traded fund that seeks capital appreciation by investing primarily in equity securities of U.S. small- and mid-capitalization companies. The fund uses fundamental research to identify companies with attractive growth potential, evaluating factors such as valuation, earnings consistency, financial strength, and business prospects. Under normal market conditions, at least 80% of its net assets are invested in common stocks of small- and mid-cap companies, generally corresponding to the market capitalization ranges of the Russell 2500 and Russell Midcap indexes.