| Investment Objective: |
The Fund is an actively managed exchange-traded fund that seeks to achieve its primary investment objective of seeking current income through options strategies (the "Options Strategies"). The Fund also seeks to achieve its secondary investment objective by investing primarily in equity securities of companies selected using a proprietary "Must Have Portfolio" framework. The framework reflects more than 40 years of ongoing investment research developed by Keith Fitz-Gerald, one of the portfolio managers of Nicholas Wealth, LLC (the "Sub-Adviser" or "Nicholas Wealth"). The Fund's equity investment strategy employs a thematic investment process designed to identify companies that the Sub-Adviser believes are well positioned to benefit from long-term structural changes taking place over multi-year and multi-decade time horizons that may reshape economic activity, competitive dynamics, and corporate profitability. The Sub-Adviser seeks to identify companies with durable profit potential that may not be readily captured through conventional sector, industry, market capitalization, or geographic classifications. The options strategies most frequently utilized by the Fund include covered calls, cash-secured puts, and call and put credit spreads. |
