The Global Beta Smart Income ETF is designed to mirror the performance of an underlying index. This index consists of U.S. equities, specifically those found within the S&P 900. To be included, companies must consistently demonstrate a high dividend yield, ranking in the top fifth for their average twelve-month trailing dividend payout over each of the four preceding quarters. Furthermore, they are selected only if they place in the upper half of their respective GICS industry classification. The fund employs either a full replication approach or a representative sampling strategy to track this index effectively, with its primary investments directed towards the U.S. companies that comprise this target index.