NPF Core Equity ETF NPFE Strategy

The investment seeks to provide long-term capital appreciation and, as a secondary objective, current income. The fund is an actively managed exchange-traded fund (“ETF”) that aims to provide current income and long-term capital appreciation primarily through exposure to U.S. equity markets. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities. The fund is non-diversified.