HYP

HYP is an actively-managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its net assets (plus any borrowings for investment purposes) in the common stock of "hypergrowth companies." The Fund defines a company as a "hypergrowth company" if it has a year-over-year sales growth rate of at least 40% in the most recently reported fiscal quarter. The Fund expects to focus on U.S.-listed stocks, primarily of U.S. companies, but may also invest in nonU.S. companies the stock of which is listed on a U.S. exchange and depository receipts (i.e., American Depositary Receipts or "ADRs"). The Fund may also invest in ETFs or other cash instruments to manage portfolio weightings and liquidity.