Collaborative Investment Series Trust Goose Hollow Multi-Strategy Income ETF ETF

The fund is an actively managed exchange traded fund (“ETF”) that seeks to achieve its investment objective by investing in a combination of fixed income ETFs (“underlying funds”). The underlying funds in which the fund invests each primarily invest in (1) corporate bonds of U.S. and foreign issuers (2) U.S. and foreign government securities, and (3) agency and mortgage-backed securities.