Fund Description: Syntax Stratified LargeCap ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the Syntax ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Syntax Stratified LargeCap ETF seeks to provide investment results that, before expenses, correspond generally to the total return performance of publicly traded equity securities of companies in the Syntax Stratified LargeCap Index. INDEX DESCRIPTION: The Syntax Stratified LargeCap Index is the stratified-weight version of the widely used S&P 500 Index and holds the same constituents. Stratified-weight refers to the weighting methodology of the Index and is the method by which Syntax diversifies its indices by hierarchically grouping and distributing the weight of constituent companies that share Related Business Risks. Related Business Risk occurs when two or more companies’ earnings are affected by the same fundamental drivers. The process of identifying, grouping, and diversifying across related business risk is called stratification. The Index will typically include 500 components equally allocated across eight industry sectors: consumer, energy, financials, food, healthcare, industrials, information, and information tools. The Index rebalances quarterly. FUND STRATEGY: In seeking to track the performance of the Index, the Fund employs a replication strategy, which means that the Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index. Under normal market conditions, the Fund generally invests substantially all, and at least 95% of its total assets in the securities comprising the Index. The Fund may invest in cash and cash equivalents or money market instruments, such as repurchase agreements and money market funds. FUND MANAGEMENT: Syntax Advisors, LLC serves as the investment adviser to the Fund. Vantage Consulting Group serves as the investment sub-adviser to the Fund.