| The RJ ClariVest Capital Appreciation ETF (“Capital Appreciation ETF” or the “fund”) seeks long-term capital appreciation. Fees and expenses of the fund | The table that follows describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Capital Appreciation ETF. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table and examples below. Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment): Management Fees 0.60% (a) Distribution and Service (12b-1) Fees 0.00% Other Expenses (b) 0.
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