DHSB

The Fund is an actively managed exchange-traded fund ("ETF") that, under normal circumstances, seeks to achieve its investment objective principally by investing in U.S.-listed ETFs that replicate the performance of broad-based U.S. equity indexes, such as the S&P 500 Index, or equity securities of companies within such indexes. The fund also utilizes options, and/or options "spreads", to provide a buffer on losses the underlying index may incur. To help offset the cost of initiating the buffer, covered call options will be sold on the underlying index, creating a "cap" on potential gains. As the underlying index that the holdings of the Fund track increases in value, it moves further from the initial Buffer level (the level at which the Buffer potentially begins to mitigate losses) and closer to the initial Cap level. This changes the risk/return profile and, therefore, the optimal Buffer and Cap percentages for the Fund. When the ratio of upside potential to downside risk is no longer deemed attractive by the Advisor, the Advisor will seek to "Actively Rebalance" the Fund to establish new Buffer and Cap levels in an attempt to allow the Fund to participate in greater capital appreciation opportunities and/or attempt to provide better downside protection based on the current values of the underlying investments/indexes.