Trust for Professional Managers - ActivePassive International Equity ETF

Trust for Professional Managers - ActivePassive International Equity ETF is an exchange traded fund launched by Trust for Professional Managers. The fund is co-managed by Envestnet Asset Management, Inc, Lazard Asset Management LLC, and Causeway Capital Management LLC. The fund invests in public equity markets of global ex-US region. It invests in stocks of companies operating across diversified sectors. The fund invests in value and momentum stocks of companies across diversified market capitalization. For its passively managed portion, the fund seeks to track the performance of S&P Developed Markets Classic ADR Index, by using representative sampling technique. For its actively managed portion, the fund employs fundamental and quantitative analysis to create its portfolio. For its actively managed portion, the fund seeks to benchmark the performance of its portfolio against the S&P Classic ADR Composite Index. The fund employs proprietary research to create its portfolio. Trust for Professional Managers - ActivePassive International Equity ETF was formed on May 2, 2023 and is domiciled in the United States.