We have read the
statements made by Nomura Energy Transition ETF, Nomura Focused Emerging
Markets Equity ETF, Nomura Focused International Core ETF, Nomura Focused Large
Growth ETF, Nomura Global Listed Infrastructure ETF, Nomura National High-Yield
Municipal Bond ETF, Nomura Tax-Free USA ETF, Nomura Tax-Free USA Short Term ETF
and Nomura Transformational Technologies ETF (the “Funds”) (copy attached),
which we understand will be filed with the Securities and Exchange Commission, pursuant
to Item 1 and Item 8 of Form N-CSR of the Funds dated June 8, 2026. We agree
with the statements concerning our Firm contained therein.