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Virtus WMC Global Factor Opportunities ETF

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Ticker
VGFO
CUSIP
26923G848
Closing Price
$
(as of 10/18/2017)
Inception
10/10/2017
Premium/Discount
$-0.02
(as of 10/18/2017)
4PM Bid/Offer Midpoint
$25.08
(as of 10/18/2017)
Shares Outstanding
200,004
(as of 10/18/2017)
Daily Trading Volume
NA
(as of 10/18/2017)
20 Day Average Trading Volume
19,920.00
(as of 10/18/2017)
Net Assets
$5,020,618
(as of 10/18/2017)
Product Overview

The Fund invests primarily in equity securities of U.S. and foreign issuers, including emerging markets issuers, of any market capitalization. The principal types of equity securities in which the Fund invests are common and preferred stock, American Depositary Receipts ('ADRs') and Global Depositary Receipts ('GDRs'). The Fund may also invest in equity interests in real estate investment trusts ('REITs') of U.S. and foreign issuers. The fund can invest in Futures and use FX forwards.

Management Team

Investment Partners

Wellington Management Company, LLP

With over $1 trillion in client assets under management, Wellington Management serves as an investment adviser to more than 2,150 institutions located in over 65 countries. Wellington's expertise is investments - from global equities and fixed income to currencies and commodities. The firm's most distinctive strength is its proprietary, independent research, which is shared across all areas of the organization and used only for managing client portfolios. Wellington Management Company LLP was founded in 1928 and is based in Boston, Massachusetts with additional offices in Radnor, Pennsylvania, San Francisco, California, Marlborough, Massachusetts, and Chicago, Illinois.

Portfolio Managers
Gregg Thomas
Gregg R. Thomas, CFA

Industry start date: 1993

Start date with fund: 2017

Tom Simon
Thomas S. Simon, CFA, FRM

Industry start date: 2001

Start date with fund: 2017

Positions & Distributions

Positions
(as of 10/19/2017)
Security % of Portfolio
WAL-MART STORES INC
1.46
CITIGROUP INC
1.14
CISCO SYSTEMS INC
0.97
TRAVELERS COS INC/THE
0.82
GILEAD SCIENCES INC
0.82
AFLAC INC
0.80
JOHNSON & JOHNSON
0.76
NESTLE SA-REG 0.000
0.76
FORTIS INC
0.70
ROYAL BANK OF CANADA 0.000
0.67

Performance & Risk

Performance
Quarterly
As of
Monthly
As of
1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years Since Inception

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.

Sales Charge and Expenses
The management fee is structured as a 'unified fee', out of which the Fund's sub-adviser pays all routine expenses of the Fund, except for payments under any 12b-1 plan; taxes and other governmental fees; brokerage fees, commissions and other transaction expenses; interest and other costs of borrowing money; litigation or arbitration expenses; acquired fund fees and expenses; and extraordinary expenses of the Fund, each of which is paid by the Fund.
Fees & Expenses
Management Fee 0.49
Gross Expense Ratio 0.49
The management fee is structured as a 'unified fee', out of which the Fund's sub-adviser pays all routine expenses of the Fund, except for payments under any 12b-1 plan; taxes and other governmental fees; brokerage fees, commissions and other transaction expenses; interest and other costs of borrowing money; litigation or arbitration expenses; acquired fund fees and expenses; and extraordinary expenses of the Fund, each of which is paid by the Fund.
Risk Considerations
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities.
Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk.
Foreign & Emerging Markets: Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk.
Geographic Concentration: that events negatively affecting the fiscal stability of a state, country or region will cause the value of the fund's shares to decrease. Because the fund concentrates its assets in a state, country or region, the fund is more vulnerable to those areas' financial, economic or other political developments.
Equity REITs: The fund may be negatively affected by factors specific to the real estate market, including interest rates, leverage, property, and management.
Derivatives: Investments in derivatives such as futures, options, forwards, and swaps may increase volatility or cause a loss greater than the principal investment.
Prospectus: For additional information on risks, please see the fund's prospectus.

Documents & Resources

Marketing Materials
Virtus WMC Global Factor Opportunities ETF (VGFO) - Factsheet
Holdings
Positions ETF-VGFO
Financial Materials
Virtus-WMC-Global-Factor-Opportunities-ETF-Prospectus-September-2017
Virtus-WMC-Global-Factor-Opportunities-ETF-SAI-September-2017
Section 19a Notices
News Releases/Communications
Press Release - Virtus ETF Announces VGFO Launch

Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money.

The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index. The Fund may have a higher portfolio turnover than funds that seek to replicate the performance of an index.

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.

Closing Price:
 The Closing Price is the price of the last reported trade on the fund's primary exchange. If there has been no reported trade for a particular date, the Closing Price represents the 4PM Bid/Offer Midpoint. 

4PM Bid/Offer Midpoint: The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00pm Eastern Time).

Premium/Discount: The amount the Fund is trading above or below the reported NAV (based on 4PM Bid/Offer Midpoint).

The Fund is an exchange-traded fund (“ETF”). The “net asset value” (NAV) of the Fund is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the Fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV of the Fund is not necessarily the same as its intraday trading value. Fund investors should not expect to buy or sell shares at NAV because shares of ETFs such as the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Thus, shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV, and include the reinvestment of all dividends and other distributions (reinvested at the Fund's NAV on distribution ex-date). Market price returns are calculated using the 4:00 pm midpoint between the bid and offer, and include the reinvestment of all dividends and other distributions (reinvested at the 4:00pm bid/offer midpoint on distribution ex-date). Market price returns do not represent the return you would receive if you traded at other times.

SEC Yield is an annualized yield that is calculated by dividing the investment income earned by the Fund less expenses over the most recent 30 day period by the current NAV at the end of the 30 day period. The Subsidized Yield reflects fee waivers and/or expense reimbursements recorded by the Fund during the period. Without waivers and/or reimbursements, yields would be reduced. The Unsubsidized Yield does not adjust for any fee waivers and/ or expense reimbursements in effect. If the Fund does not incur any fee waivers and/or expense reimbursements during the period, the Subsidized Yield and Unsubsidized Yield will be identical.

Distribution Yield is the annual yield that an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the Fund and does not represent total return of the Fund. The distribution yield is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.

Returns for periods of less than one year are cumulative total returns.

Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.

Distributed by ETF Distributors LLC