For more information about the fund, please click here: equableshares.com/fund/HEDG Basis Points (bps): A unit of measurement used in finance to denote changes in interest rates, fees, or other percentages. One basis point is equal to 1/100th of 1% (0.01%). For example, 100 basis points equals 1%. S&P 500 Index: A market-capitalization-weighted index of approximately 500 leading publicly traded companies in the United States. It is widely regarded as a primary gauge of U.S. large-cap equity performance. Call Option: A financial contract that gives the buyer the right, but not the obligation, to purchase an underlying security at a predetermined price (the "strike price") before a specific expiration date. The seller of the call is obligated to deliver the security if the buyer exercises this right. Put Option Spread: An options strategy that involves the simultaneous purchase and sale of multiple put options on the same underlying security. This is typically used to hedge against a decline in the security's price while managing the cost of the protection.