![]() ![]() The Fund may invest in securities issued in initial public offerings. Due to the costs of buying or selling Shares, including brokerage commissions imposed by brokers and bid/ask spreads, frequent trading of Shares may significantly reduce investment results and an investment in Shares may not be advisable for investors who anticipate regularly making small investments. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Please see the prospectus for details of these and other risks.Īs an ETF, the fund may trade at a premium or discount to NAV. Depositary Receipts involve risks similar to those associated with investments in foreign securities, but may not provide a return that corresponds precisely with that of the underlying shares. ![]() Emerging markets involve different and greater risks, as they are smaller, less liquid and more volatile than more developed countries. ![]() Foreign investing involves social and political instability, market illiquidity, exchange-rate fluctuation, high volatility and limited regulation risks. Fund investments will be concentrated in an industry or group of industries, and the value of Fund shares may rise and fall more than more diversified funds. Metaverse Companies may be targets of hacking and theft of proprietary or consumer information or disruptions in service, which could have a material adverse effect on their businesses. Metaverse Companies may face dramatic and unpredictable changes in growth rates. Stocks of such companies, especially smaller, less-seasoned companies, may be more volatile than the overall market. Metaverse Companies and other companies that rely heavily on technology are particularly vulnerable to research and development costs, substantial capital requirements, product and services obsolescence, government regulation, and domestic and international competition, including competition from foreign competitors with lower production costs. Investing involves risk, including possible loss of principal. Read the prospectus or summary prospectus carefully before investing. For a prospectus or summary prospectus with this and other information about the METV Metaverse ETF please call 1-85 or visit the website at. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. Citi research calls for 900 million to 1 billion VR/AR users by 2030.
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