The risks of investing in securities of foreign issuers can include fluctuations in foreign currencies, political and economic instability, and foreign taxation issues. Investments focused in a particular sector, such as information technology, are subject to greater risk, and are more greatly impacted by market volatility, than more diversified investments. Please see the current prospectus for more information regarding the risk associated with an investment in the Fund. The Fund is subject to certain other risks. The Fund’s return may not match the return of the Underlying Index. Shares are not actively managed and are subject to risks similar to those of stocks, including those regarding short selling and margin maintenance requirements. There are risks involved with investing in ETFs, including possible loss of money.
Typically, security classifications used in calculating allocation tables are as of the last trading day of the previous month.
The Index does not charge management fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown. Index returns do not represent Fund returns. The results assume that no cash was added to or assets withdrawn from the Index. An investor cannot invest directly in an index. Returns less than one year are cumulative. After Tax Held and After Tax Sold are based on NAV. Fund performance reflects applicable fee waivers, absent which, performance data quoted would have been lower. After-tax returns reflect the highest federal income tax rate but exclude state and local taxes. Current performance may be higher or lower than performance data quoted.
Investment returns and principal value will fluctuate, and shares, when redeemed, may be worth more or less than their original cost. Performance data quoted represents past performance, which is not a guarantee of future results. ET and do not represent the returns an investor would receive if shares were traded at other times. Market returns are based on the midpoint of the bid/ask spread at 4 p.m. This is a new Fund and has no full-year Fund performance to report as of most recent quarter end.
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