| Investment Objective: |
The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by tactically allocating the Fund's assets between unaffiliated higher yielding ETFs, long-term Treasury ETFs and cash equivalents. For the purposes of this prospectus, High Income ETFs and Treasury ETFs are collectively referred to as "Underlying ETFs". The Fund defines higher yielding ETFs as those which principally invest in high yield corporate and municipal bonds, emerging market bonds, preferred securities and bank loans. High Income ETFs may invest in issues of any duration or maturity. The Fund may invest without constraint in high yield ETFs and emerging market bond ETFs. The Fund considers Underlying ETFs which principally invest in non-investment grade debt issues to be high yield ETFs. The Fund's investment adviser, Ocean Park Asset Management, LLC (the "Adviser"), employs a proprietary trend following strategy to generate buy and sell signals for High Income ETFs. |
