This actively managed exchange-traded fund (ETF) operates independently, and its strategy does not involve mirroring the performance of any particular index. The Advisor's main objective is to achieve overall capital appreciation, which it aims to do by allocating capital into other investment vehicles. These vehicles encompass mutual funds and ETFs, which are registered under the 1940 Act and are not associated with this fund (known as "portfolio funds"). Alternatively, the Advisor may also engage in direct investments.

Global X - Nasdaq 100 Covered Call ETF

UBS AG ETRACS Gold Shares Covered Call ETNs due February 2, 2033

UBS AG ETRACS Crude Oil Shares Covered Call ETNs due April 24, 2037

Technology

Basic Materials

Communication Services

Financial Services

Consumer Cyclical

Healthcare

Industrials

Consumer Defensive

Energy

Utilities

Adaptive Hedged Multi-Asset Income ETF

As an actively managed exchange-traded fund (“ETF”), the fund will not seek to replicate the performance of an index. The Advisor seeks to achieve the fund’s investment objective of total return by investing in other investment companies, including mutual funds and exchange-traded funds that are registered under the Investment Company Act of 1940, as amended (the “1940 Act”) and not affiliated with the fund (“portfolio funds”) or by making direct investments.

AMAX Holdings & Sector Breakdown

AMAX Holdings & Sector Breakdown