E9. Discover the Return Stacked® Bonds & Merger Arbitrage ETF (RSBA)

In today’s ever-evolving investment landscape, finding compelling alternatives to traditional fixed income is critical for building resilient portfolios.

Enter RSBA, a first-of-its-kind ETF that combines U.S. Treasuries with a merger arbitrage strategy to offer what we believe is a smarter approach to fixed-income diversification.

Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please visit https://www.returnstackedetfs.com/rsba-return-stacked-bonds-merger-arbitrage. Read the prospectus or summary prospectus carefully before investing.

Leverage Risk. As part of the Fund’s principal investment strategy, the Fund will make investments in futures contracts. These derivative instruments provide the economic effect of financial leverage by creating additional investment exposure to the underlying instrument, as well as the potential for greater loss. You could lose all or substantially all of your investment in the Fund should the Fund’s trading positions suddenly turn unprofitable. The net asset value of the Fund while employing leverage will be more volatile and sensitive to market movements.

Stacking does not guarantee outperformance and diversification does not guarantee a profit or prevent a loss.

Merger-Arbitrage Risk. Merger-arbitrage investing involves the risk that the outcome of a proposed event, whether it be a merger, reorganization, or other event, will prove incorrect and that the Fund’s return on the investment will be negative, or that the expected event may be delayed or completed on terms other than those originally proposed, which may cause the Fund to lose money or fail to achieve a desired rate of return.

For additional disclosures and risks, visit https://www.returnstackedetfs.com/rsba-return-stacked-bonds-merger-arbitrage/.

Distributed by Foreside Fund Services, LLC.

(0:00) Introduction and Overview of Return Stacking

(4:02) The Problem Return Stacking Solves and Historical Performance Insights

(8:14) Comparing Old vs. New World Investment Approaches

(10:06) Exploring Stacking for Outperformance and Diversification

(12:10) Deep Dive into RSBA ETF and Merger Arbitrage

(15:54) Analyzing Merger Arbitrage Performance During Market Drawdowns

(18:41) Merger Arbitrage vs. Credit Risk Premium and Bond Strategies

(22:15) Understanding Merger Arbitrage and Its Legal Aspects

(28:40) Alpha Beta Merger Arbitrage Index: Objectives and Mechanics

(30:59) Insights on Portfolio Construction and Leverage Strategy

(35:51) Deal Evaluation and Weight Adjustment in Merger Arbitrage

(39:41) Q&A Session: Addressing Volatility and Tax Efficiency

(42:46) Merger Arbitrage's Correlation with Other Investment Strategies

(48:43) Comparing Different Styles of Merger Arbitrage Funds

(51:04) Quantitative vs. Discretionary Approaches in Merger Arbitrage

(54:13) Discussing Expected Drawdowns and Legal Constraints

(56:41) Closing Remarks and Final Thoughts on Investment Strategies