TrueShares Equity Hedge ETF

This actively managed Exchange Traded Fund (ETF) pursues its main investment objective by acquiring both put and call options on the S&P 500 index, a strategy it employs under normal market conditions. The fund's advisor intends to maintain 100% exposure specifically to a long-put strategy, ensuring its notional exposure aligns with the fund’s net asset value (NAV). Furthermore, under typical circumstances, the fund allocates a minimum of 80% of its net assets to equity securities. It is important to note that the fund is classified as non-diversified.