| Investment Objective: |
The investment objective of the Tuttle Capital Concentrated Memory Stack ETF (the "Fund") is to seek long-term capital appreciation. The Fund is an actively managed ETF that seeks long-term capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in equity securities of companies that the Adviser believes are "pure play" participants in the memory semiconductor ecosystem ("Memory Stack Companies"). The Adviser defines the "memory stack" as the ecosystem of companies involved in the development, manufacturing, packaging, testing, and commercialization of memory semiconductors, or that supply the equipment, materials and services used to manufacture memory semiconductors. Under normal market conditions, the Fund will invest at least 80% of its net assets in equity securities of Memory Stack Companies and in derivatives and other instruments that provide economic equivalent exposure to the equity securities of such companies. The Fund may invest in equity securities of Memory Stack Companies that are organized, domiciled, or have a principal executive office in the United States or in non-U.S. developed markets. |
