DDXX – Defined Duration 20 ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long term growth of capital. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of other large, broad-based or factor- or style-based (e.g., based on value, growth, or momentum) equity ETFs that the sub-adviser believes can improve the fund’s relative stock returns when compared to a traditional diversified market cap-weighted index fund.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DDXX	Defined Duration 20 ETF	ETF	Open	—	—	Nov 12, 2025	$20.53M	0.250%	—	—	—

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