PREMISE CAPITAL DIVERSIFIED TACTICAL ETF ETF

The investment seeks to track the performance, before fees and expenses, of the Premise Capital Frontier Advantage Diversified Tactical Index (the index). The fund is a fund of funds that employs a passive management-or indexing-investment approach designed to track the performance of the index. The index consists of an investible portfolio of ETFs (Underlying ETFs) with exposure to major U.S. and non-U.S. asset classes. The advisor attempts to invest all, or substantially all, of its assets in the securities that make up the index.