Investors should carefully consider the fund’s investment objectives, risks, charges and expenses before investing. This and other important information is contained in the prospectus, which may be obtained by following the link above. Please read the prospectus carefully before investing.
Investments involve risk and principal loss is possible. The Fund is new with no operating history to evaluate. There can be no assurance that the fund will achieve its investment objective.
Gen Z consumer preferences may be affected by changes in consumers’ disposable income, social trends and marketing campaigns. These preferences may fall out of favor or differ from the general stock market, which may cause the Fund’s performance to trail the overall equity markets. Applying Gen Z Scores to the investment process may exclude securities for non-investment reasons and therefore the Fund may forgo some market opportunities which could cause it to under-perform.
The Fund may invest in companies that have recently completed an IPO (initial public offering) or are derived from a de-SPAC business combination (a transaction involving a publicly traded special purpose acquisition company that merges with a target company, with the result that the company becomes publicly traded) These companies may be unseasoned and lack a trading history, a track record of reporting and research coverage and thus are often subject to extreme price volatility, liquidity issues and speculative trading.
The Fund’s investment in foreign companies is subject to currency risks, political, economic and regulatory risks including the cost of trading and the risks of settlement in foreign jurisdictions. The Fund may invest in companies organized in China provided their equity securities are listed on U.S. stock exchanges. The Chinese economy is generally considered an emerging market and can be significantly affected by economic, diplomatic and political conditions causing volatility and adversely impact the Fund’s investments.
Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. ETF shares may only be redeemed at NAV by authorized participants in large creation units. There can be no guarantee that an active trading market for shares will exist. The trading of shares may incur brokerage commissions.
This material has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. We make no representation or warranty as to the accuracy or completeness of the information contained in this report, including third-party data sources. The views expressed are as of the publication date and subject to change at any time. No part of this material may be reproduced in any form, or referred to in any other publication without express written permission. References to other funds should not to be interpreted as an offer or recommendation of these securities.
The fund is distributed by Foreside Fund Services LLC. The fund’s investment advisor is Empowered Funds, LLC, which is doing business as Alpha Architect. The fund’s investment subadvisor is Alkali Fintech LLC.