Fund Description: Virtus Private Credit Strategy ETF is an exchange-traded index fund or Index ETF which is a separate investment portfolio of the ETFis Series Trust I, an open-end investment management company. INVESTMENT OBJECTIVE: The Virtus Private Credit Strategy ETF seeks investment results that correspond, before fees and expenses, to the price and yield performance of the Indxx Private Credit Index. INDEX DESCRIPTION: The Indxx Private Credit Index is designed to track the performance of U.S.-listed, registered closed-end investment companies that have elected to be regulated as business development companies (BDC's) that provide significant exposure (i.e., at least 50%) to private credit. All BDCs that meet the selection criteria will be included in the Index, and the closed-end fund universe will be screened to eliminate the quartile with the largest absolute value of premiums or discounts. Index constituents are weighted by dividend yield, with the weight of a single security capped at 5% and a floor of 0.3% at each rebalance. The Index is reconstituted annually and rebalanced quarterly. FUND STRATEGY: The Fund uses a passive or indexing investment approach to try to approximate the investment performance of the Index by investing in a portfolio of securities that generally replicates the Index; however, there may be times when the Fund does not hold every security in the Index. Unlike many investment companies, the Fund will not seek to beat the performance of the Index and will not seek temporary defensive measures when markets decline or appear overvalued. Under normal market conditions, the Fund will invest not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of U.S.-listed BDCs and closed-end funds that employ private credit strategies by investing a majority of their assets in private credit instruments. Private credit instruments include floating or variable loan interests, CLOs, senior loans, and BDCs and other investment vehicles that employ private credit strategies as described above. The Underlying Funds will invest in private credit instruments that are rated below investment grade. FUND MANAGEMENT: Virtus ETF Advisers LLC serves as the Fund’s investment adviser.