Fund Description: Virtus WMC Global Factor Opportunities 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. INVESTMENT OBJECTIVE: The Virtus WMC Global Factor Opportunities ETF seeks 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. FUND STRATEGY: The Fund invests primarily in equity securities of U.S. and foreign issuers, including emerging markets issuers, of any market capitalization. The principal types of equity securities in which the Fund invests are common and preferred stock, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). The Fund may also invest in equity interests in real estate investment trusts (REITs) of U.S. and foreign issuers. The Sub-Adviser employs a proprietary, multi-factor approach to managing the Fund’s assets that is based on quantitative and qualitative research and analysis. In selecting securities, the Sub-Adviser seeks to identify investment opportunities by region and, within each region, allocate the Fund’s assets to equity securities that the Sub-Adviser believes share complementary factors. Factors are characteristics that are important in explaining the returns and risks of a group of securities. Among the kinds of factors that the Sub-Adviser uses to select equity securities for the Fund are: (1) mean reversion (e.g., stocks that are inexpensive relative to their historical prices); (2) trend following (e.g., strong momentum and higher growth potential); (3) risk aversion (e.g., financially healthy, stable, and lower volatility companies); and (4) risk seeking (e.g., stocks that may be higher volatility). The Sub-Adviser considers tail risk diversification (i.e., seeking to manage the risk of a significant negative movement in the value of the Fund’s investments) when allocating among regions and the various factors. Under normal market conditions, (a) the Fund’s investments will provide exposure to investments that are economically tied to at least five different countries, and (b) the Fund expects to invest at least 30% of its net assets in securities of issuers outside of the U.S. FUND MANAGEMENT: Virtus ETF Advisers LLC serves as the Fund’s Adviser. Wellington Management Company LLP serves as the Fund’s Sub-Adviser.