| Investment Objective: |
The Aptus April Deep Buffer ETF (the "Fund") seeks to provide investors with returns that match the share price performance of the SPDR S&P 500 ETF Trust (the "Underlying ETF") up to a predetermined upside Cap, before fees and expenses, while providing a Buffer. The Fund is an actively managed ETF that, under normal market conditions, invests substantially all of its assets in FLexible EXchange Options ("FLEX Options") that reference the market price of the Underlying ETF. The Fund uses FLEX Options to employ a "structured outcome strategy." Structured outcome strategies seek to produce predetermined target investment outcomes based upon the performance of an underlying security or index. The period from the commencement of the Fund's operations (May 5, 2026) to the business day preceding the start of the Fund's first full one-year Investment Period (March 30, 2027) is referred to as the "Initial Investment Period." The Fund seeks to provide a "deep" Buffer against Underlying ETF losses between -4% and -34% over the Investment Period. The Fund does not seek to provide a Buffer against (1) the first 4% of Underlying ETF losses, and (2) Underlying ETF losses exceeding 34% |
