Northern Trust US Quality Low Volatility ETF QLV Strategy

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Northern Trust Quality Low Volatility IndexSM. The underlying index is designed to construct a high-quality universe of companies, that in aggregate, possess lower overall absolute volatility characteristics relative to the Northern Trust 1250 Index (the “Parent Index”), a float-adjusted market capitalization weighted index of U.S. domiciled large- and mid-capitalization companies. Under normal circumstances, the fund will invest at least 80% of its total assets in the securities of the underlying index.