ACKY Disclosure

Advertising Disclosure

Wolf Financial LLC ("Wolf Financial") may publish content referencing the VistaShares Target 15™ ACKtivist Distribution ETF ("ACKY"). Wolf Financial has a business relationship with VistaShares.

This relationship creates a potential conflict of interest.

About This ETF

ACKY is an actively managed options-based income ETF with the following key details:

• Expense ratio: 0.95%
• Inception date: September 9, 2025
• Primary exchange: NYSE
• Distribution frequency: Monthly

ACKY is not affiliated with Pershing Square Capital Management or William Ackman.

Investment Strategy

The fund employs two components:

• Equity exposure based on the BITA VistaShares Pershing Square Portfolio Top Picks Index
• Options-based income strategy with an annualized income target of 15%, distributed monthly

There is no guarantee that the Fund will achieve its income target or make a distribution in any given month.

Distribution Notes

A high distribution rate does not imply positive total returns. Distributions may include option premiums, dividends, capital gains, interest, and return of capital.

Important Risk Disclosures

Investing involves risk, including possible loss of principal.

Key risks include, but are not limited to:

• Options/derivatives risk
• Concentrated portfolio risk
• Equity market risk
• Premium/discount risk
• Return of capital risk
• New fund risk

Position Disclosure

As of the date above, Wolf Financial LLC and its affiliated creators do not hold positions in ACKY.

No Investment Advice

This page is provided for informational and educational purposes only and does not constitute investment advice or a recommendation to buy or sell any security.

Wolf Financial LLC is not a registered investment adviser or broker-dealer.

Compensation

VistaShares is paying WOLF Financial - $60k, start date was December 1st 2025 - March 1st, 2026 for social media promotion and live events.