BTCLX – Vest Bitcoin Strategy Mgd Vol Inv Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The advisor seeks to achieve total return by constructing a dynamic portfolio with the aim of both managing the volatility of the fund and reducing the impact on the fund’s portfolio of significant market downturns during periods of high volatility in the price of Bitcoin. The advisor seeks to achieve these objectives by allocating its assets among a range of options contracts that will utilize as their reference asset instruments that provide exposure to the returns of Bitcoin. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BTCLX	Vest Bitcoin Strategy Managed Volatility Fund Investor Class Shares	No Load	Open	—	—	Aug 13, 2021	$9.37M	1.240%	Average	$1,000	$34,126.39
BTCVX	Vest Bitcoin Strategy Managed Volatility Fund Institutional Class Shares	Institutional	Open	—	—	Aug 13, 2021	$4.40M	0.990%	High	$100,000	$1.14M
BTCYX	Vest Bitcoin Strategy Managed Volatility Fund Class Y Shares	Institutional	Open	—	—	Aug 13, 2021	$1.80M	0.890%	Low	$10M	$339,188.88

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