| Investment Objective: |
The Fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of companies comprising the BITA Crypto Assets & Digital Payments Index (the "Index"). The Fund is an actively managed exchange-traded fund ("ETF") that seeks capital appreciation and current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the securities of the companies comprising the Index, subject to a limitation on the opportunity to profit from an increase in the share price above the strike price of written options. The Fund seeks to employ its investment strategy regardless of whether there are periods of adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. The Fund intends to write covered call options on the securities in its portfolio to provide income, while maintaining exposure to the share price returns of the companies comprising the Index through its investments in the underlying securities. A covered call option written by the Fund is a call option with respect to which the Fund owns the underlying security. |
