The fund is an activelymanaged exchangetraded fund ETF that using an enhanced cash strategy seeks to achieve its investment objective under normal circumstances by investing at least 80 of its net assets in USdollar denominated investmentgrade fixed and floatingrate bonds and debt securities Under normal circumstances the fund will seek to maintain a dollarweighted average maturity of less than two years and a dollarweighted average duration of less than one year The fund is nondiversified