First Asset U.S. Buyback Index ETF (the 'Fund') provides investors with exposure to a portfolio of equity securities of quality companies with active share buyback programs that have significantly and consistently reduced their issued and outstanding share count. The Fund has been designed to replicate the performance of the CIBC U.S. Buyback Index (the 'Index'), net of expenses. The Index is comprised of equity securities of large cap U.S. listed issuers. Securities will be equally weighted and rebalanced quarterly.