Dynamic Active Investment Grade Floating Rate ETF

The ETF seeks to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds and through using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations. Exposure to these types of fixed income securities and derivatives will be obtained by investing primarily in Dynamic Active Investment Grade Floating Rate Fund, and/or by investing directly in them, in securities of one or more investment funds, and/or through the use of derivatives. To achieve its objective, the ETF will invest, directly or indirectly, primarily in Canadian investment grade corporate bonds while using interest rate derivatives to minimize interest rate risk and deliver a floating rate of income. The ETF may also invest in high yield securities as long as the weighted average credit rating of the ETF remains BBB- or above. For the purposes of determining whether securities qualify as investment grade or high yield and measuring the weighted average credit rating of the portfolio, unrated securities may be treated as equivalent to having a particular credit rating.