The investment seeks investment results that exceed the price and yield performance of its benchmark, the Barclays Capital Aggregate Bond Index.
The Sub-Advisor selects a portfolio of fixed income (bond) exchange traded funds (the "underlying ETFs") and other exchange traded products ("ETPs"), including, but not limited to, exchange traded notes ("ETNs"), exchange traded currency trusts, and exchange-traded commodity pools. It invests in ETFs that provide exposure to at least 12 distinct bond classes, including, but not limited to, short-term treasury bonds, municipal bonds, and high-yield U.S. corporate bonds (sometimes referred to as "junk bonds").
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