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The investment seeks to track the total return performance, before fees and expenses, of the Alpha Architect International Quantitative Momentum Index. The fund will normally invest at least 80% of its total assets in the component securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such component securities (e.g., depositary receipts). The index uses a 5-step, quantitative, rules-based methodology to identify a portfolio of approximately 40-50 non-U.S. equity securities with positive momentum. The fund is non-diversified.
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