Description

This ETF's primary goal is to closely track the performance of the Morningstar Developed Markets ex-North America Target Momentum Index (the "Index"), net of all fund expenses. It allocates capital to the stocks of large, highly liquid companies in developed countries, as identified by Morningstar's unique research, specifically excluding those located in the United States and Canada. This strategy provides broad exposure to firms in these international developed markets that have consistently demonstrated robust upward momentum in both their financial earnings and share prices. The fund's investment approach involves acquiring and holding the underlying securities that comprise the Index.