IVSX – Applied Finance IVS Intl SMID ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of small to mid capitalization companies located in developed markets outside of North America, which generally include markets such as Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, and the United Kingdom. The fund is non-diversified.

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
IVSX	Applied Finance IVS International SMID ETF	ETF	Open	—	—	Feb 19, 2026	$4.83M	0.750%	—	—	—

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