| Investment Objective: |
The Fund seeks to provide, at the end of the current Outcome Period, returns that track the share price returns of the SPDR S&P 500 ETF Trust (the "Underlying "ETF") that are in excess of the Spread in positive market environments, while providing downside protection with a Buffer against the first 15% of Underlying ETF losses. The stated Spread and Buffer are before Fund fees and expenses. The current Outcome Period is from October 1, 2024 to September 30, 2025. The Fund pursues a buffered strategy that seeks to provide returns that track the share price returns of the SPDR S&P 500 ETF Trust (the "Underlying ETF") (i.e., the market price returns of the Underlying ETF), at the end of a specified one-year period, from October 1 to September 30, as described below (the "Outcome Period"), subject to a "Spread," and to provide downside protection with a buffer against the first 15.00% of Underlying ETF losses for the Outcome Period. |
