Sector with Income ETFs Kensho® New Economy ETFs Equity securities may fluctuate in value and can decline significantly in response to the activities of individual companies and general market and economic conditions. This communication is not intended to be an investment recommendation or investment advice and should not be relied upon as such. The gross expense ratio is the fund’s total annual operating expenses ratio. It is gross of any fee waivers or expense reimbursements. It can be found in the fund’s most recent prospectus. Concentrated investments in a particular sector or industry tend to be more volatile than the overall market and increases risk that events negatively affecting such sectors or industries could reduce returns, potentially causing the value of the Fund’s shares to decrease. Passively managed funds invest by sampling the Index, holding a range of securities that, in the aggregate, approximates the full Index in terms of key risk factors and other characteristics. This may cause the fund to experience tracking errors relative to performance of the Index. Actively managed ETFs do not seek to replicate the performance of a specified index.

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