|9||Avoided emissions||Reductions in greenhouse gas emissions resulting from the replacement of products or services by new equivalents, but with significantly lower emissions. Broadly interchangeable with carbon avoidance.|
|19||Carbon avoidance (CO2 avoidance)||Reductions in carbon (and equivalent) emissions resulting from the replacement of products or services by new equivalents. Sometimes as part of a carbon offsetting scheme aiming for net zero. Broadly interchangeable with avoided emissions.|
|22||Carbon dioxide||CO2, by far the most common greenhouse gas emitted, and slow to degrade in the atmosphere. Emissions come predominantly through the burning of fossil fuels and through various industrial processes.|
|34||Climate change||Structural changes in weather conditions over time, usually referring to changes predominantly caused by human activity.|
|38||CO2e||Carbon dioxide equivalent, a unit of measurement for the expected greenhouse effect over 100 years from a gas, e.g. one tonne of methane is estimated to be equivalent to 28 tonnes of carbon dioxide.|
|41||Decarbonization||The removal or reduction in use of carbon dioxide from an industry, economy or the environment.|
|44||Distributed Energy Resources||DER. Electricity generation and storage technologies that allow power to be supplied close to where it is used.|
|45||Distributed generation||Electricity generation technologies that allow power to be supplied close to where it is used.|
|84||Green revenue||Business revenue derived from sustainability related activities such as alternative energy, energy efficiency, green building, pollution prevention or sustainable water.|
|88||Greenhouse gas||Any gas transparent to visible light (allowing solar energy to reach the Earth's surface) but which absorbs infrared (preventing that energy from returning to space), including carbon dioxide, methane, water vapour and others.|
Investors should consider the investment objectives, risks, charges and expenses carefully before investing.
Fund Risks: An investment in the Fund is subject to numerous risks including the possible loss of principal. There can be no assurance that the Fund will achieve its investment objective. Equity securities, such as common stocks, are subject to market, economic and business risks that may cause their prices to fluctuate. As with all ETFs, Fund shares may be bought and sold in the secondary market at market prices. The market price normally should approximate the Fund’s net asset value per share (NAV), but the market price sometimes may be higher or lower than the NAV. The Fund is new with a limited operating history. There are a limited number of financial institutions authorized to buy and sell shares directly with the Fund, and there may be a limited number of other liquidity providers in the marketplace. There is no assurance that Fund shares will trade at any volume, or at all, on any stock exchange. Low trading activity may result in shares trading at a material discount to NAV. Please see the prospectus and summary prospectus for a complete description of principal risks.
The Fund’s investments will be concentrated in an industry or group of industries to the extent the Index is so concentrated. In such event, the value of Shares may rise and fall more than the value of shares that invest in securities of companies in a broader range of industries. Investments in securities or other instruments of foreign securities involve certain risks not involved in domestic investments and may experience more rapid and extreme changes in value than investments in securities of U.S. companies.
Distributed Energy Companies typically face intense competition, short product lifecycles and potentially rapid product obsolescence. These companies may be significantly affected by fluctuations in energy prices and in the supply and demand of renewable energy, tax incentives, subsidies and other governmental regulations and policies.
The fund is distributed by Foreside Fund Services, LLC.