SCID

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Scientific Beta Extended Developed Europe Multi-Beta Multi-Strategy Four-Factor Equal Risk Contribution (ERC) Index. The fund invests at least 80% of its total assets in the securities of the underlying index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts based on the securities in the underlying index. The underlying index generally comprises approximately 600 or less European-listed common stocks selected based on a proprietary methodology developed by the index provider.