Fund Description: SmartETFs Smart Transportation & Technology ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Guiness Atkinson Funds, an open-end investment management company. INVESTMENT OBJECTIVE: The SmartETFs Smart Transportation & Technology ETF long-term capital appreciation. The Fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Rather, the Adviser has discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. FUND STRATEGY: The Fund will invest in publicly-traded equity securities of domestic or foreign companies that are involved in the development and production of products or services for Smart Transportation, including safer, cleaner or connected vehicles and Smart Transportation companies providing transportation as a service. The Fund will also invest in Technology companies whose products or services are used in transportation. Under normal circumstances, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in Smart Transportation and Technology companies. The Adviser defines Smart Transportation to mean the integration of modern technologies and business practices as applied to transportation, resulting in safer, cleaner, or connected transportation, and smart transportation as a service. The Fund will also invest in Technology companies. For temporary defensive purposes, any portion of the Fund’s total assets may be invested in cash and cash equivalents, including money market funds. The Fund will normally hold around 35 positions of approximately equal weight. The Fund may invest in companies of any capitalization size. The Fund will invest in companies on a global basis, meaning that it will generally hold both domestic and foreign companies, and may invest in companies in developed markets and emerging markets outside of the United States, including companies in countries in Asia, including China, South Korea and Japan. FUND MANAGEMENT: Guinness Atkinson Asset Management, Inc. serves as the Fund’s investment adviser. Penserra Capital Management, LLC will serve as the sub-adviser