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About Gabelli Love Our Planet & People ETF

LOPP, relying primarily on its own proprietary research, actively selects US listed stocks or ADRs of companies that meet the funds ESG guidelines and are perceived to be trading at a discount. The fund focuses on stocks that aim to have a positive impact on the environment and deliver returns in a socially responsive manner. The fund excludes fossil fuel companies, the top 50 defense/weapons contractors, and companies that derive more than 5% of their revenues from controversial industries. LOPP considers companies that meet certain social guidelines, such as those that have started or implemented internal policies addressing inequality in the workplace and fair treatment of workers. Once the universe of stocks is identified, the fund selects those that appear to be trading at a material discount to their private market value. Note, LOPP is a non-transparent ETF, which means it does not provide daily disclosure of its portfolio holding unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads than other ETFs that disclose holdings daily, especially during periods of volatility. Lastly, the fund waived its fees and expenses on the first $100 million invested for at least the first year of operation.