An actively managed ETF that seeks to achieve its objectives principally by investing in a market cap weighted portfolio of US Large Cap Stocks. It then enhances the portfolio’s yield by using an option overlay to provide more distributable income. It provides disciplined option overlay with the goal of providing enhanced yield by writing out of the money calls, primarily on domestic indices (e.g., SPX Index).

The Simplify Market Neutral Equity Long/Short ETF (EQLS) seeks to provide positive absolute returns and income. A market-neutral strategy is one that seeks to profit during both rising and falling equity markets. By potentially profiting in either market environment, EQLS can provide significant diversification benefits while maintaining an independent source of returns. The portfolio’s equity ranking system is driven by an industry-leading proprietary machine-learning stock selection model developed by Wolfe Research. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. Equity securities include investments that provide long or short exposure to equity securities, including total return swaps, and equity futures contracts. The direct and indirect equity investments are primarily U.S. companies but may include companies from both emerging and developed foreign markets and may include companies of any market capitalization. The Fund also holds cash and invests in cash-equivalents (money market funds) or high-quality short term fixed income securities as collateral for the swaps and futures

The iShares iBonds Dec 2033 Term Treasury ETF seeks to track the investment results of an index composed of U.S. Treasury bonds maturing in 2033. Provides access to a portfolio of U.S. Treasury bonds. Get exposure to a portfolio of U.S. Treasury bonds maturing between January 1, 2033 and December 15, 2033 through a single ticker. Designed to mature like a bond, trade like a stock. Combine the defined maturity and regular income distribution characteristics of a bond with the transparency and tradability of a stock. Built to help investors achieve multiple objectives. Use to seek income and stability with U.S. Treasury bonds, build a bond ladder, and manage interest rate risk.

The investment objective of the Dimensional California Municipal Bond ETF is to seek to provide current income that is expected to be exempt from federal personal income tax and California state personal income taxes. The California Municipal Bond ETF will seek to achieve its investment objective by investing primarily in a universe of investment grade municipal securities, the interest on which is exempt from regular federal income tax and the state personal income tax of California. Municipal securities in which the Portfolio may invest include, among others, revenue bonds, general obligation bonds, industrial development bonds, municipal lease obligations, commercial paper, variable rate demand obligations and other instruments (including participation interests in such securities) issued by or on behalf of California state or local governments and their agencies, instrumentalities, and regional government authorities.

The First Trust Innovation Leaders ETF (the “Fund”) seeks to provide capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in common stock and depository receipts issued by U.S. and non-U.S. companies that may benefit from the development or application of scientific and technological innovation. This includes, but is not limited to, companies that are poised to benefit from new products or services, scientific research, technological improvements and/or enhancements to existing products or services related to automation, advanced medicine, networks, advanced computing, enhanced mobility, energy revolution and e-commerce.

The investment objective of the FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - July (the “Fund”) is to seek to provide investors with returns of approximately twice any positive price return of the SPDR S&P 500 ETF Trust (the “Underlying ETF”), up to a predetermined upside cap of 6.16% (before fees and expenses), while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 24, 2023 to July 19, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (“FLEX Options”) that reference the price performance of the “Underlying ETF”.

The BondBloxx USD High Yield Bond Financial & REIT Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the financial and REIT sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Financial & REIT Index, which is a rules-based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the financial sector, including the banking, financial services, and insurance sub sectors, and the REIT sector. The REIT sector is comprised solely of debt issued by real estate investment trusts.

The Fund is an actively managed exchange-traded fund (“ETF”) that, under normal market circumstances, seeks to provide capital appreciation through participation in the large capitalization U.S. equity markets while limiting the potential for maximum losses. Pursuant to its investment objective, the Fund intends to invest in a diversified portfolio of equity securities (the “Equity Portfolio”) that are included in the Solactive GBS United States 500 Index (the “Equity Portfolio Index”), together with put and call option contracts (the “Options Portfolio”) in an effort to reduce the potential for losses associated with the returns of U.S. large capitalization equity market investments.

The Fund is an actively managed exchange-traded fund that, under normal circumstances, invests at least 80% of its net assets, plus any borrowings for investment purposes, in dividend-paying equity securities at the time of purchase. The Adviser uses quantitative screens (such as dividend yield, return on invested capital, free cash flow and revenue growth metrics), followed by qualitative, bottom-up research on an industry level and on a company level to identify companies it believes have the commitment and capacity to pay dividends and whose potential growth of capital is expected to be above average. Through this process, the Fund seeks an investment portfolio for investors that achieves capital appreciation, a growing dividend and a meaningful yield. Examples of securities in which the Fund invests include common stock, preferred stock, convertible stocks, rights, warrants and depositary receipts such as American Depositary Receipts, and European Depositary Receipts and Global Depositary Receipts, and real estate investment trusts.

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the JPMorgan Emerging Markets Risk-Aware Bond Index (the Underlying Index). The Underlying Index is comprised of liquid, U.S. dollar-denominated sovereign and quasi-sovereign fixed and floating rate debt securities from emerging markets selected using a rules-based methodology that was developed and is owned by the adviser. The Index defines “quasi-sovereign debt securities” as debt securities issued by an entity that is 100% guaranteed or 100% owned by a national government.

The BondBloxx USD High Yield Bond Telecom, Media & Technology Sector ETF seeks to track the investment results of an index composed of U.S. dollar denominated, high yield corporate bonds in the telecommunications, media and technology sector. The Fund is newly organized, non diversified and seeks to track the investment results of the ICE Diversified US Cash Pay High Yield Telecom, Media & Technology Index, which is a rules based index consisting of U.S. dollar denominated below investment grade bonds that contains issuers from the telecom, media and technology sector, including the telecommunications, technology & electronics, and media sub sectors.

The YieldMax APLY Option Income Strategy ETF (APLY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on AAPL. APLY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of AAPL. The Fund’s synthetic covered call strategy consists of the following three elements, each of which is described in greater detail further below: Synthetic long exposure to AAPL, which allows the Fund to seek to participate in the changes, up or down, in the price of AAPL’s stock. Covered call writing (where AAPL call options are sold against the synthetic long portion of the strategy), which allows the Fund to generate income. U.S. Treasuries, which are used for collateral for the options, and which also generate income.

The investment objective of the FT Cboe Vest U.S. Equity Deep Buffer ETF - July (the “Fund”) is to seek to provide investors with returns (before fees, expenses and taxes) that match the price return of the SPDR S&P 500 ETF Trust (the “Underlying ETF”), up to a predetermined upside cap of 8.40% (before fees, expenses and taxes) and 7.55% (after fees and expenses, excluding brokerage commissions, trading fees, taxes and extraordinary expenses not included in the Funds management fee), while providing a buffer against Underlying ETF losses between -5% and -30% (before fees, expenses and taxes) over the period from July 20, 2020 to July 16, 2021. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (“FLEX Options”) that reference the performance of the SPDR  S&P 500 ETF Trust.

The Running Oak Efficient Growth ETF is in an actively managed ETF incorporated in the USA. Under normal circumstances, the ETF seeks to achieve its investment objective by investing primarily in exchange-traded equity securities of large and mid-sized U.S. companies with market capitalizations of at least $5 billion. It applies rule-based approach that overcomes the limitations of human judgement and delivers strong risk-adjusted returns by focusing on quality growth companies that are undervalued by the market. Ultimately, we endeavor to achieve outcomes that our clients can rely on across all market cycles.

The Fund primary investment objective is to seek current income. The Fund secondary investment objective is to seek exposure to the share price of the common stock of Tesla, Inc. (TSLA), subject to a limit on potential investment gains. The Fund seeks to deliver participation in the price returns of the common stock of Tesla, Inc. while providing current monthly income through a portfolio substantially composed of short-term U.S. Treasury securities, cash and cash equivalents, and in option contracts that reference the price performance of TSLA.

The investment objective of the FT Cboe Vest U.S. Equity Moderate Buffer ETF - July is to seek to provide investors with returns (before fees and expenses) that match the price return of the SPDR S&P 500 ETF Trust (the Underlying ETF), up to a predetermined upside cap of 14.30% while providing a buffer (before fees and expenses) against the first 15% of Underlying ETF losses, over the period from July 24, 2023 through July 19, 2024. Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (FLEX Options) that reference the price performance of the SPDR S&P 500 ETF Trust.

The Fund is an actively managed ETF that seeks to achieve its objectives principally by investing in a portfolio of other ETFs that invest in equity securities of non-U.S. companies in developed and emerging markets throughout the world. It then enhances the portfolio’s yield by using an option overlay to provide more distributable income.

The Innovator Equity Defined Protection ETF seeks to track the return of the SPDR S&P 500 ETF Trust (SPY), up to a predetermined cap, while buffering investors against 100% of losses over the outcome period before fees and expenses. The ETF can be held indefinitely, resetting at the end of each outcome period. The Fund invests at least 80% of its net assets in FLexible EXchange Options (“FLEX Options”) that reference the SPDR S&P 500 ETF Trust (the “Underlying ETF”). FLEX Options are exchange-traded option contracts with uniquely customizable terms.

The Innovator Growth Accelerated Plus ETF seeks to provide triple (3x) the upside return of QQQ (Invesco QQQ Trust), to a cap, with approximately single exposure to the downside, over an annual outcome period. The ETF can be held indefinitely, resetting at the end of each outcome period. Innovator Defined Outcome ETFs are the first ETFs that allow investors to take advantage of market growth while maintaining defined levels of downside exposure. The ETFs are as tax-efficient as traditional ETFs due to a recent rule change allowing the in-kind trading of options.

The YieldMax NVDY Option Income Strategy ETF (NVDY) is an actively managed fund that seeks to generate monthly income by selling/writing call options on NVDA. NVDY pursues a strategy that aims to harvest compelling yields, while retaining capped participation in the price gains of NVDA. The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the share price of the common stock of NVIDIA Corporation, subject to a limit on potential investment gains.