This actively managed exchange-traded fund aims to achieve its investment goals by primarily allocating capital to U.S.-listed stocks of pioneering enterprises. The fund's sub-adviser identifies a "Pioneering Enterprise" (Innovative Company) as a business engaged in creating novel products or services, fostering technological breakthroughs, enhancing customer interaction, or implementing transformative growth strategies. These companies are selected because the sub-adviser anticipates they will have a substantial influence on their respective markets or sectors.