Fund Description: Virtus Seix Senior Loan ETF is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the Virtus ETF Trust II, an open-end investment management company. <p> INVESTMENT OBJECTIVE: The Virtus Seix Senior Loan ETF seeks to provide a high level of current income. The Fund is an actively managed ETF and thus, does not seek to replicate the performance of a specific index, but rather uses an active investment strategy to meet its investment objective. <p> FUND STRATEGY: The Fund, Under normal circumstances, will inves In selecting investments for the Fund the Fund’s sub-adviser will emphasize loans rated below investment grade or unrated loans that the Sub-Adviser believes are of comparable quality. The Fund may also invest in any combination of (i) junior debt securities or securities with a lien on collateral lower than a senior claim on collateral, and (ii) debt securities that are rated below investment grade by Moody’s Investors Service, Inc. (“Moody’s”) and S&P Global Ratings (“S&P”) or in comparable unrated securities as determined by the Sub-Adviser, such as high yield fixed-rate bonds. The Fund may also invest a portion of its assets in securities that are restricted as to resale. The Fund may invest up to 20% of its total assets in senior loans made to non-U.S. borrowers, including those located in emerging markets countries (i.e., those that are in the early stages of their economic development), although the Fund intends to invest in only U.S. dollar-denominated loans. There are no limits on the Fund’s average-weighted maturity or on the remaining maturities of individual securities in which the Fund may invest. In addition, to implement its investment strategy, the Fund may buy or sell derivative instruments (such as swaps, including credit default swaps, futures, credit linked notes, and options) to gain exposure to an asset class or a particular issuer, or to hedge or adjust its exposure to other risks, such as interest rate or credit risk. In order to meet short-term liquidity needs, the Fund employs a variety of techniques, such as investing in highly-liquid fixed income securities and holding a portion of its assets in cash. Although not a principal investment strategy, the Fund may, under certain market conditions, borrow from banks an amount up to 33 1/3% of its total assets (including the amount borrowed) for investment purposes, to raise cash to meet its obligations, and for temporary, extraordinary or emergency purposes. The Fund is non-diversified, which means that it can invest a greater percentage of its assets in any one issuer than a diversified fund can. In attempting to meet its investment objective, the Fund may engage in active and frequent trading of portfolio securities. <p> FUND MANAGEMENT: Virtus ETF Advisers LLC serves as the investment advisor to the Fund. Seix Investment Advisors LLC serves as the sub-advisor to the Fund and the Subsidiary.<p>