The Fund is a passively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Indxx Global Battery Recycling & Production Index (the Underlying Index). The determination for inclusion in the Underlying Index is made by Indxx, LLC (Indxx). The Underlying Index is composed of equity securities of companies listed in developed or emerging markets as defined by Indxx in its Country Classification and Investability Requirements document that are currently involved in the business of battery recycling, battery raw materials, and battery manufacturing. Based on extensive research by Indxx, eligible companies are classified into three sub-themes: Battery Recycling; Battery Raw Materials (Production & Refinement); and Battery Cell Manufacturing, using a combination of data from company websites, annual reports, press releases and various news outlets to establish relevancy to each sub-theme. Such data reflects certain key information about potential index components and thus serves as a means of ensuring that the Underlying Index continues to reflect the market or economic reality in accordance with the Underlying Indexs objective.