| Investment Objective: |
The SoFi Social 50 ETF seeks to track the performance, before fees and expenses, of the SoFi Social 50 Index. SFYF is composed of the top 50 most widely held U.S. listed stocks on SoFi Invest. Stocks are rebalanced monthly and weighted according to how much money members have invested in each company at the end of every month. Securities eligible for inclusion in the Index must (a) be U.S.-listed equity securities held in SoFi Accounts, and (b) have an average daily trading volume of at least 10,000,000 during the preceding one-month and six-month periods (the "Eligible Universe"). The Index may include common stocks and equity interests in real estate investment trusts ("REITs"). ETFs and other investment companies are not eligible for the Index. Securities in the Eligible Universe are sorted based on (1) the number of SoFi Accounts that hold a particular security and (2) the total market value of the security held in the SoFi Accounts (the "Weighted Average Value"). |
