US Treasury 7 Year Note ETF
Overview
The investment objective of the US Treasury 7 Year Note ETF is to seek investment results that correspond generally to the price and yield performance of the ICE BofA Current 7-Year US Treasury Index (GA07). The UST 7 Year Note Fund is a passively-managed exchange-traded fund (ETF) that seeks investment results, before fees and expenses, that correspond generally to the price and yield performance of the ICE BofA Current 7-Year US Treasury Index (GA07) (Underlying Index). Under normal market conditions, F/m Investments, LLC d/b/a North Slope Capital, LLC (the Adviser) seeks to achieve the UST 7 Year Note Funds investment objective by investing at least 80% of the UST 7 Year Note Funds net assets (plus any borrowings for investment purposes) in the component securities of the Underlying Index. The Fund may enter into reverse repurchase agreements in amounts not exceeding one-third of the Funds total assets (including the amount borrowed).