GMO Beyond China ETF(AMEX:BCHI)

BCHI seeks to benefit from the expected secular trend of investors moving out of China due to increasing labor costs, geopolitical tensions, and focus on supply chain diversification. The actively managed ETFinvests in equity securities of any market capitalization from emerging markets, excluding China. The investment universe is determined through a top-down analysis of countries, regions, and sectors expected to benefit from transitioning supply chains to other emerging markets. The fund employs proprietary quantitative and fundamental investment methods focused on growth, quality, valuation, and other patterns of information. The fund also considers position size, sector and industry, country and region, currencies, market cap, liquidity, and transaction costs. It also may consider ESG criteria. The fund may invest in derivatives and other ETFs, as well as in an affiliate US Treasury mutual fund.