T ROWE PRICE QM US BOND ETF

The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in U.S. bonds. The fund’s overall investment strategy is to provide total returns that exceed the total returns of the Bloomberg U.S. Aggregate Bond Index. The index is a broadly diversified index that typically consists of investment-grade, fixed income instruments with intermediate- to long-term maturities.