FFTI - FormulaFolios Tactic...

FormulaFolios Tactical Income ETF

The fund seeks to achieve its investment objective by investing through other exchange traded funds ("ETFs") in foreign and domestic fixed income securities. The fixed income securities in which the ETFs will invest are U.S. Treasuries, investment grade U.S. bonds, high-yield U.S. bonds, U.S. aggregate bond, municipal bonds and international government bonds of any maturity and duration. The adviser uses its proprietary investment model to rank 5 major fixed income asset classes based on the strongest combination of yield spread and price momentum.