AGF US Market Neutral Anti-Beta CAD-Hedged ETF

On January 28, 2022, the ETF changed from a passive index-tracking strategy to an active, rules-based strategy. The ETF’s new investment objective seeks to provide a consistent negative beta exposure to the U.S. equity market by investing primarily in long positions in low beta U.S. equities and short positions in high beta U.S. equities on a dollar neutral basis, within sectors. Performance prior to January 28, 2022 would have been different had the current investment objectives been in effect.

Investments denominated in foreign currencies are subject to fluctuations in exchange rates, which may have an adverse effect on the value of the investments, sale proceeds, and on dividend or interest income. Investors may not necessarily recoup the full value of their original investment. Investors should be aware that forward-looking statements and forecasts may not be realized.