Fund Description: Virtus Newfleet Multi-Sector Bond ETF, formerly Virtus Newfleet Multi-Sector Unconstrained Bond ETF is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the ETFis Series Trust I, an open-end investment management company. <p> INVESTMENT OBJECTIVE: The Virtus Newfleet Multi-Sector Bond ETF seeks to provide a high level of current income and secondarily, capital appreciation. The Fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Rather, the Sub-Adviser has discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. <p> FUND STRATEGY: In seeking to achieve the Fund’s investment objective the Sub-Adviser applies a time-tested approach to credit research to capitalize on opportunities across undervalued areas of the bond markets. The Sub-Adviser seeks to provide diversification by allocating the Fund’s investments among various sectors of the fixed income markets, including, without limitation, corporate investment-grade, corporate high-yield, bank loans, non-agency commercial mortgage-backed securities (CMBS), agency and non-agency residential mortgage-backed securities (RMBS), non-U.S. dollar securities, emerging market high-yield securities, Yankee investment-grade bonds, asset-backed securities, taxable municipal bonds, tax-exempt municipal bonds and securities issued or guaranteed as to principal and interest by the U.S. government, its agencies, authorities or instrumentalities. Under normal market conditions, the Fund will invest not less than 80% of its total assets in bonds. The Fund’s fixed income investments may be issued by various types of issuers and may include Securities issued or guaranteed as to principal and interest by the U.S. Government, its agencies, authorities or instrumentalities, including, without limitation, collateralized mortgage obligations, real estate mortgage investment conduits and other pass-through securities; Debt securities issued by foreign issuers, including foreign governments and their political subdivisions and issuers located in emerging markets countries; Investment grade securities of U.S. and non-U.S. issuers, including short-term securities; and High yield debt instruments of U.S. and non-U.S. issuers (commonly referred to a junk bonds), which may include bank loans (generally with floating rates). Under normal market conditions, the Sub-Adviser seeks to select securities using a sector rotation approach and seeks to adjust the proportion of Fund investments in various sectors and sub-sectors in an effort to obtain higher relative returns. Sectors and sub-sectors are analyzed by the Sub-Adviser for attractive relative values. The Sub-Adviser then typically identifies securities within these sectors and sub-sectors based on the particular issuer’s business, management, cash, assets, earnings and stability, as well as the economic and financial conditions of markets generally. Securities selected for investment are typically those that the Sub-Adviser believes offer the greatest available potential to achieve relatively high income and total return based on the Sub-Adviser’s risk-reward analysis. The Fund may invest in securities of U.S. or non-U.S. issuers of any maturity or credit quality rating. The Fund has no target duration for its investment portfolio. <p> FUND MANAGEMENT: Virtus ETF Advisers LLC serves as the Fund’s Adviser. Newfleet Asset Management, LLC serves as the Fund’s Sub-Adviser.