YieldMax AAPL Option Income Strategy ETF APLY Strategy

The investment seeks current income; the secondary investment objective is to seek exposure to the share price of the common stock of Apple Inc. (“AAPL”), subject to a limit on potential investment gains. The fund will seek to employ its investment strategy as it relates to AAPL regardless of whether there are periods adverse market, economic, or other conditions and will not seek to take temporary defensive positions during such periods. The fund is non-diversified.