Virtus Kar Mid-Cap ETF seeks long-term capital appreciation. The fund advisor pursues long-term capital appreciation in the medium capitalization sector while seeking less market risk than the Russell Midcap Index. The fund advisor invests in medium market capitalization companies believed by Kayne Anderson Rudnick Investment Management, LLC, the fund's sub-adviser, to be undervalued relative to their future growth potential. The fund is non-diversified.
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