Pairing Dividend Yield with Diversification

High Dividend Yield & dividend growth does not have to be mutually exclusive. S&P Dow Jones Dividend & Free Cash Flow Yield Index targets high dividend-paying stocks that also exhibit sustainable dividend distribution characteristics, while maintaining diversified sector exposure. Disclosure: S&P Dow Jones Indices is an independent third-party provider of investable indices. We do not sponsor, endorse, sell or promote any investment fund or other vehicle that is offered by third parties. The views and opinions of any third-party speaker are his/her own and may not necessarily represent the views or opinions of S&P Dow Jones Indices or any of its affiliates. S&P Dow Jones Indices makes no representation or warranty, express or implied, as to the ability of any Index to accurately represent the asset class or market sector that it purports to represent, and S&P Dow Jones Indices shall have no liability for any errors, omissions, or interruptions of any index or the data included therein. S&P Dow Jones Indices does not sponsor, endorse, sell or promote any investment fund or other vehicle that is offered by third parties and that seeks to provide an investment return based on the returns of any S&P Dow Jones index. Nothing discussed in this video should be seen as constituting an offer of services in jurisdictions where S&P Dow Jones Indices does not have the necessary licenses. With regard to specified index strategies, exposure to such asset classes or strategies represented by that index can only be achieved through investable instruments offered by third parties and based on that index. Index returns as used in this report do not reflect the payment of any sales charges or fees an investor would pay to purchase the securities the index represents. Diversification does not assure a profit or protect against loss in a declining market. Free cash flow is a measurement of a company’s financial performance and health. It represents cash generated after accounting for capital expenditures needed to maintain or maximize its asset base. This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell securities, and is not provided in a fiduciary capacity within the meaning of the Employee Retirement Income Security Act of 1974 (ERISA) and the Internal Revenue Code. The information provided does not take into account the specific objectives or circumstances of any particular investor or suggest any specific course of action. Investment decisions should be made based on an investor’s objectives and circumstances and in consultation with his or her advisers. View the SPDV and EEMD ETF prospectus here: https://docs.aamlive.com/FISDocuments/FISDocuments/ETFs/SPDV_Prospectus.pdf SPDV and EEMD are distributed by Quasar Distributors, LLC. Quasar and AAM are not affiliated. Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may be only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns. Companies with high yield or payout ratio may underperform other securities in certain market conditions and reduce or discontinue paying dividends entirely while included in the index. The Fund’s return may not match or achieve a high degree of correlation with the return of the underlying Index. To the extent the Fund utilizes a sampling approach, it may experience tracking error to a greater extent than if the Fund had sought to replicate the Index. Diversification does not assure a profit or protect against a loss in a declining market. Not FDIC Insured • No Bank Guarantee • May Lose Value