Inception date: 10/28/25. Returns are average annualized total returns, except those for periods of less than one year, which are cumulative.

Market Price: The current price at which shares are bought and sold. Market returns are based on the last trade price. NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding, calculated at the end of each business day.

The performance data quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted. Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. The Fund is new and therefore does not have a performance history for a full calendar year as of the most recent quarter end.

Fund holdings and allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Important Information

* Median 30 Day Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

** Basis Points (bps): A unit of measure used in quoting yields, changes in yields or differences between yields. One basis point is equal to 0.01%, or one one-hundredth of a percent of yield and 100 basis points equals 1%.

The Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. Click here for the ATTR Prospectus and Summary Prospectus. A free hardcopy of any prospectus may be obtained by calling +1.215.330.4476. Read carefully before investing.

There is no assurance that the Fund will achieve its investment objective or will be successful in capturing more upside or providing downside protection.

The Fund may engage in active and frequent trading of its portfolio investments, particularly options contracts. As a result, the Fund may have a high portfolio turnover rate, which could increase transaction costs and negatively impact the Fund’s performance.

Management Risk. The Fund is actively managed and the Sub-Adviser’s ability to choose suitable investments and implement the Fund’s investment strategies has a significant impact on the ability of the Fund to achieve its investment objectives.

Large-Capitalization Companies Risk. Large-capitalization companies may trail the returns of the overall stock market. Large capitalization stocks tend to go through cycles of doing better - or worse - than the stock market in general. These periods have, in the past, lasted for as long as several years. Larger, more established companies may be slow to respond to challenges and may grow more slowly than smaller companies.

Derivatives Risk. A derivative is any financial instrument whose value is based on, and determined by, another asset, rate or index (i.e., stock options, futures contracts, caps, floors, etc.). When the Fund obtains exposure to derivatives it will be exposed to the risks of those derivatives.

Leverage Risk. Leverage risk refers to the potential for increased volatility and losses in a portfolio due to the use of derivatives or other financial instruments that may magnify gains and losses beyond the initial investment. The Fund will utilize derivatives, such as options, to gain exposure to certain assets or markets with a smaller initial investment.

Valuation Risk. Some portfolio holdings, potentially a large portion of the Fund’s investment portfolio, may be valued on the basis of factors other than market quotations. This may occur more often in times of market turmoil or reduced liquidity.

New Fund Risk. The Fund is a recently organized investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision.

Options Risks. Options and derivatives involve risk and are not suitable for all investors. The Fund’s strategy involves the use of derivatives including short put spreads, long protective puts, and other option structures, which may increase volatility and result in significant losses. Investments in box spreads and collateral instruments are subject to interest rate risk, credit risk, and other fixed-income risks. Selling put spreads generates premium income but also creates potential losses up to the difference between strike prices minus the premium received. Losses on option positions may occur rapidly and in amounts greater than the premium received. The Fund employs opportunistic equity purchases, which may increase exposure to equity market volatility up to a maximum of 50% notional exposure. Equity markets may decline further after such purchases, resulting in losses. The use of protective puts reduces downside risk but involves ongoing costs, which may drag on performance in rising markets or periods of low volatility.

An investment in the Fund involves risk, including possible loss of principal. Exchange-traded funds (ETFs) trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF's net asset value (NAV), and are not individually redeemable directly with the ETF. Brokerage commissions and ETF expenses will reduce returns. ETFs are subject to specific risks, depending on the nature of the underlying strategy of the Fund, which should be considered carefully when making investment decisions. For a complete description of the Fund’s principal investment risks, please refer to the prospectus.

Shares of the Funds Are Not FDIC Insured, May Lose Value, and Have No Bank Guarantee.

The Fund is distributed by PINE Distributors LLC. The Fund's investment adviser is Empowered Funds, LLC which is doing business as ETF Architect. The Fund's Sub-adviser is Arin Risk Advisors, LLC. PINE Distributors LLC is not affiliated with ETF Architect, or Arin Risk Advisors, LLC. 

Learn more about PINE Distributors LLC at FINRA's BrokerCheck.

ETFAC-4833820-10/25