| Investment Objective: |
The Fund is an actively managed exchange traded fund that seeks current income. The Fund's strategy consists of two main components firstly, investing in a range of sector-specific ETFs and, in some instances, individual securities and secondly, implementing an "option wheel strategy." Option Wheel Strategy is a systematic approach to options trading where a trader continuously sells cash secured put options to generate income and potentially acquire an underlying asset at a lower price (if the sold put option is assigned to the Fund), and then, when the reference asset is assigned, sells covered call options against the acquired asset to generate additional income until the asset is called away. At that point, the cycle starts over. The Fund will primarily invest in different market sectors using sector ETFs. These Underlying ETFs focus mainly on the equity securities of companies within a specific market sector, like Healthcare or Financials. Additionally, to meet its liquidity, sizing, and target allocation needs, the Fund may invest in the stocks of individual companies within these sectors directly, applying the same option wheel strategy scheme as utilized with the Underlying ETFs. |
