| Investment Objective: |
The Fund will invest substantially all of its assets in FLexible EXchange Options ("FLEX Options") on the SPDR S&P 500 ETF Trust (the "Underlying ETF"). FLEX Options are customizable exchange-traded option contracts guaranteed for settlement by the Options Clearing Corporation. The Fund uses FLEX Options to employ a "defined outcome strategy." Defined outcome strategies seek to produce pre-determined investment outcomes based upon the performance of an underlying security or index. The pre-determined outcomes sought by the Fund, which include the buffer and cap discussed below ("Outcomes"), are based upon the performance of the Underlying ETF over the period of January 1, 2025 through December 31, 2026. This period is referred to as the initial "Outcome Period." Following this initial Outcome Period, each subsequent Outcome Period will be a two-year period that begins on January 1 and ends two years later on December 31. |
