SPIT – F/m Emerald Special Situations ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long-term growth through capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities issued by companies experiencing Special Situations. It can invest in companies from a wide range of industries and of various sizes. The fund will invest primarily in mid and small-size companies.

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
SPIT	F/m Emerald Special Situations ETF	ETF	Open			Aug 1, 2014	$32.53M	0.900%	High	—	$11.85M

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