| Investment Objective: |
The Aptus Laddered Deep Buffer ETF (the "Fund") seeks to provide investors with capital appreciation. The Fund seeks to achieve its investment objective by providing investors with US large-cap equity market exposure while attempting to limit downside risk through a laddered portfolio of "deep" buffer ETFs managed by Aptus Capital Advisors, LLC, the Fund's investment adviser ("Aptus" or the "Adviser"). To achieve US large-cap equity market exposure, the Fund invests in underlying deep buffer ETFs that seek to provide their investors with returns that match the share price performance of the SPDR S&P 500 ETF Trust ("SPY") up to a predetermined upside cap while providing a deep buffer against a predetermined percentage of losses. A laddered deep buffer portfolio is a portfolio that consists of multiple underlying defined outcome deep buffer ETFs with different expiration dates, allowing for tactical investing and diversification. The laddered portfolio is currently comprised of the Aptus January Deep Buffer ETF, Aptus April Deep Buffer ETF, Aptus July Deep Buffer ETF, and Aptus October Deep Buffer ETF. However, the US large-cap equity Aptus-managed "deep" buffer ETFs that comprise the laddered portfolio may change from time to time. |
