| Investment Objective: |
The Fund is an actively managed, exchange-traded fund that seeks up to 125% long exposure to large-capitalization U.S. equity securities, while enhancing the Fund's income by writing (selling) call options on one or more ETFs or securities indices that provide exposure to large-capitalization U.S. equity securities. The Fund will primarily invest in one or more ETFs or options on an ETF or index (each, a "reference asset"). EDGE offers approximately 1.25x (125%) exposure to a large-cap U.S. equity securities, providing investors an opportunity to outperform the standard equity returns by using moderate leverage without direct margin borrowing. The Fund will use leverage, such as options, which generally require a small investment relative to the amount of investment exposure assumed. The Fund's exposures will vary given market conditions and the availability of attractive investment opportunities. The Fund will utilize a traditional covered call strategy, which is an investment strategy where the Fund sells a call option in direct proportion to the amount of the underlying security owned by the Fund. |
