The fund seeks to provide exposure to USD-denominated bonds with an effective maturity in 2025. The fund will terminate on or about Nov. 30, 2025 or an earlier date with 60-day notice to unitholders. Similar to individual bonds, the fund provides a specific maturity date instead of perpetual exposure that are typical to many bond funds. As the fund matures, its maturity and YTM will decline. As the bonds reach maturity, portfolio will transition to cash and cash equivalents, including US T-bills. This structure permits the fund to be used as a building block for a bond ladder. The fund may engage in securities lending or use derivatives, as well as other ETFs. As an actively managed ETF, the fund manager has full discretion to depart from its stated investment objectives to protect and preserve assets during a market downturn or for any other reason at any time.