TSPY ETF Profile

Family:	TappAlpha
Name:	TappAlpha SPY Growth and Daily Income ETF

Inception Date:	14-Aug-2024
Termination Date:
Investment Objective:	The TappAlpha SPY Growth & Daily Income ETF (the "Fund") seeks current income while maintaining prospects for capital appreciation. The Fund's secondary investment objective is to seek exposure to the performance of the SPDR S&P 500 ETF Trust ("SPY") , subject to a limit on potential investment gains. The Fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objectives through the use of a call option strategy that combines a long position in SPY, an exchange-traded fund designed to track the performance of the S&P 500 Index, with short positions in certain call options. The strategy is a daily covered call option strategy that sells "out of the money" call options with zero days to expiration each day, known as a "daily call". Daily call options having zero days to expiration are also known as "0DTE" options. The Fund sells or "writes" exchange-traded call options to generate income from option premiums. These may include but are not limited to selling call options on SPY, or selling call options on the S&P 500 Index ("SPX") or selling Cboe Mini-SPX Index call options ("XSP"). XSP options are designed to track the S&P 500 Index but trade at a smaller size compared to a standard SPX options contract.

Prospectus