Vident U.S. Equity Strategy 

VUSE uses screens that produce a portfolio differing materially from the US market. The index considers three market-cap segments: giant-, large-, and small- or mid-caps (SMID). Companies are assigned a corporate governance score based on proprietary criteria relating to policies, such that those with lower scores receive lower allocations. The index utilizes a multi-factor model that scores and ranks eligible stocks based on quality and momentum factors with an emphasis on quality. Portfolio stocks initially receive a weight of 0.10%, subject to a cap of 2% for giant, 1% for large, and 0.5% for SMID. Weights are adjusted based on corporate governance score and quality and momentum factors. For quality, the index considers profitability and profitability growth, with consideration for cost and use of capital for small- and mid-caps. On Jan. 6, 2016, VUSE ceased tracking the Vident Core U.S. Equity Index. Prior to Dec. 31, 2022, the fund was named Vident Core U.S. Equity Fund.