The fund is an exchange-traded fund that seeks to replicate the performance of the Beta Advantage® Research Enhanced REIT Index. The fund invests at least 80% of its net assets in the component securities of the index. The index reflects a rules-based strategic beta approach to investing in the companies that comprise the FTSE Nareit All Equity REITs Index, which is a broad measure of the performance of publicly listed U.S. real estate investment trusts. The fund is non-diversified.