Trust for Professional Managers ActivePassive Core Bond ETF(AMEX:APCB)

APCB utilizes both active and passive strategies to take advantage of the low costs of index tracking, while providing the opportunity to add value through risk mitigation and security selection. The fund allocates to the active and passive portion of the fund based on the advisers proprietary research, generally following a balanced approach to each. APCB will primarily invest in securities rated as investment grade, issued by corporate and government entities, with up to 20% in high yield securities. The fund includes short-term and long-term securities, with maturities up to more than 20 years. The passive portion of the fund uses mathematical modelling, computer systems and data analysis to provide investment results similar to the underlying index. The active portion of the fund may utilize a multi-manager, fundamental based research strategy to select securities they believe to be undervalued in the market.