Tactical Income ETF

LOTI Overview

Liberty One Tactical Income ETF is an actively managed balanced ETF holding a concentrated mix of large cap defensive equity positions alongside tactical fixed income exposure. Tactical Income is often referred to as the balanced version of our Defensive Dividend Growth Strategy.

Given the fixed-income exposure, Tactical Income is designed to provide lower volatility and a higher income yield than our Defensive Dividend Growth ETF.

US Large cap dividend focused equity holdings balanced alongside fixed income
Focused on Resilient / “Recession Resistant” business models
Emphasis placed on rising dividend income to shareholders

NAV

As of XX/XX/XXXX

Actual

$XX.XX

Daily Change

$XX.XX

Market Price

As of XX/XX/XXXX

Actual

$XX.XX

Daily Change

$XX.XX

INCEPTION DATE

09/30/2025
BENCHMARK

Morningstar Moderately Conservative Target Index
PRIMARY EXCHANGE

Nasdaq
GROSS EXPENSE RATIO

1.04%
NET EXPENSE RATIO¹

1.01%
CUSIP

90214Q 451
NET ASSETS (as of XX/XX/XXXX)

$XX.XX
30-DAY MEDIAN BID/ASK SPREAD (as of XX/XX/XXXX)

X.XX%
Premium/Discount of Market Price against NAV (as of XX/XX/XXXX)

X.XX%

¹ The adviser has contractually agreed to reduce the Fund's fees and/or absorb expenses of the Fund through at least December 1, 2026 to ensure that total annual Fund operating expenses after fee waiver and reimbursement (exclusive of any taxes, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, indirect expenses, expenses of other investment companies in which the Fund may invest, or extraordinary expenses such as litigation) will not exceed 0.85% of average daily net assets.

LOTI Performance

as of XX/XX/XXXX

	1 Month	3 Months	YTD	1 Yr	3 Yr	Since Inception
NAV	X.XX	X.XX	X.XX	X.XX	X.XX	X.XX
Market	X.XX	X.XX	X.XX	X.XX	X.XX	X.XX
Morningstar Moderately Conservative Target Index	X.XX	X.XX	X.XX	X.XX	X.XX	X.XX

as of XX/XX/XXXX

	1 Yr	3 Yr	5 Yr	Since Inception
NAV	X.XX	X.XX	X.XX	X.XX
Market	X.XX	X.XX	X.XX	X.XX
Morningstar Moderately Conservative Target Index	X.XX	X.XX	X.XX	X.XX

Performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Investors may obtain performance data current to the most recent month-end by calling 1-847-680-9255

LOTI Top 10 Holdings

as of XX/XX/XXXX

Name	Ticker	Shares Held	Market Value	Percentage of Net Assets

Current and future portfolio holdings are subject to risk.

LOTI Premium Discount

as of XX/XX/XXXX


Days at Premium
Days at Zero Premium/Discount
Days at Discount

LOTI Fund Documents

Summary Prospectus Prospectus Fact Sheet SAI

Disclosures

Morningstar Moderately Conservative Target Index - The index is designed to measure a diversified target level of exposure to equities, bonds and inflation-hedged instruments. The index seeks approximate 40% exposure to global equity markets and 60% exposure to fixed income.

While the shares of ETFs are tradeable on secondary markets, they may not readily trade in all market conditions and may trade at significant discounts in periods of market stress. ETFs trade like stocks, are subject to investment risk, fluctuate in market value and may trade at prices above or below the ETF's net asset value. Brokerage commissions and ETF expenses will reduce returns. There is no guarantee that the Fund will achieve its objective.

The Fund’s investment performance and its ability to achieve its investment objective are directly related to the performance of the underlying funds in which it invests. There can be no assurance that the Fund’s investments in the underlying funds will achieve their respective investment objectives. The Fund is subject to the risks of underlying funds in direct proportion to the allocation of its assets among the underlying funds.

The Fund is newly formed and has no operating history.

Fixed income investments are affected by a number of risks, including fluctuation in interest rates, credit risk, and prepayment risk. In general, as prevailing interest rates rise, fixed income prices will fall.

The Fund may invest in high yield securities, also known as "junk bonds." High yield securities provide greater income and opportunity for gain, but entail greater risk of loss of principal.

The Fund is non-diversified, which means it may be invested in a limited number of issuers and susceptible to any economic, political and regulatory events than a more diversified fund.

Glossary

NAV - NAV Return represents the closing price of underlying securities.

Market Price - Market Return is calculated using the price which investors buy and sell ETF shares in the market. The market returns in the table are based upon the midpoint of the bid/ask spread at 4:00 pm EST, and do not represent the returns you would have received if you traded shares at other times.