The investment seeks to preserve capital while maximizing income. Sage Advisory Services, Ltd. Co. (the 'Sub-Advisor') seeks to achieve the fund's investment objective by investing in a variety of fixed income securities, including bonds, forwards and instruments issued by U.S. and foreign issuers. It will invest in U.S. dollar-denominated investment grade debt securities, including mortgage- or asset-backed securities, rated Baa- or higher by Moody's Investors Service, Inc. ('Moody's'), or equivalently rated by Standard & Poor's Ratings Services ('S&P') or Fitch, Inc. ('Fitch'), or, if unrated, determined by the Sub-Advisor to be of comparable quality.

---

Classification

---

Keywords: Exchange Traded Fund ETF Bond Debt Securities Debt Moody's Investors Service Credit Rating Agencies Moody's Corporation