Truth Social American Next Frontiers ETF

The Truth Social American Next Frontiers ETF is an exchange-traded fund designed to track the performance of the MarketVector American Next Frontiers Index, focusing on U.S.-listed companies leading technological and industrial innovation. Its primary objective is to deliver investment results that correspond to the index before fees and expenses, by investing at least 80% of its net assets in the underlying securities. The index targets firms deriving at least 50% of revenues—or 25% for existing components—from emerging sectors like robotics, artificial intelligence, information technology, semiconductors, nuclear energy, digital assets, and cryptocurrencies, emphasizing America's next-generation economic frontiers. This non-diversified fund, managed by Yorkville America Equities with Tuttle Capital Management as sub-adviser, promotes alignment of capital with principles of truth, transparency, and American ingenuity, countering trends like ESG mandates. Classified under the Investment Company Act of 1940, it carries risks including equity volatility, sector concentration in high-tech areas, derivatives usage via put options, liquidity challenges, and new fund vulnerabilities due to its recent launch and limited history. With an expense ratio of 65 basis points, it plays a role in the growing thematic ETF market, enabling investors to engage with innovative U.S. industries.