DISCLOSURES

AIS Dislcosure

Paid promotion disclosure for the VistaShares Artificial Intelligence Supercycle® ETF (NYSE: AIS). Review Wolf Financial LLC's compensation details, risk disclosures, and important disclaimers.
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VistaShares Artificial Intelligence Supercycle® ETF (NYSE: AIS)

Disclosure & Disclaimer

Last Updated: March 17, 2026

Advertising Disclosure

Wolf Financial LLC ("Wolf Financial") may publish content referencing the VistaShares Artificial Intelligence Supercycle® ETF ("AIS"). Wolf Financial has been contracted to disseminate information about AIS. This relationship creates a potential conflict of interest.

About This ETF

The VistaShares Artificial Intelligence Supercycle® ETF (AIS) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing in a portfolio of global AI companies that derive their revenues from producing high-performance semiconductors, and building and operating AI-enabled applications and data centers.

The fund applies a "Bill of Materials" based investment process, analyzing companies across the AI supply chain — from semiconductor manufacturing and memory/storage to data center infrastructure and AI-enabled applications. The portfolio targets what VistaShares describes as "Pure Exposure™" to the companies contributing to the AI ecosystem.

  • Strategy type: Thematic growth equity — artificial intelligence infrastructure
  • Investment objective: Long-term capital appreciation
  • Management style: Active
  • Focus areas: High-performance semiconductors, AI-enabled applications, data centers, memory and storage
  • Geographic scope: Global
  • Primary exchange: NYSE
  • Fund page: https://www.vistashares.com/etf/ais/

Important Risk Disclosures

This ETF may not be suitable for all investors.

AIS is a thematic equity fund concentrated in companies within the artificial intelligence and technology sectors. Thematic and sector-concentrated strategies involve risks that differ from those of broadly diversified equity funds.

Key risks include, but are not limited to:

  • Technology sector concentration risk — the fund invests substantially in technology companies and could be negatively impacted by events affecting this sector
  • Artificial intelligence industry risk — the AI industry is in early stages of development and companies may face rapid changes in technology, competition, and demand
  • Semiconductor and supply chain risk — companies in the semiconductor industry may be subject to cyclical demand, supply chain disruptions, and geopolitical trade restrictions
  • Foreign securities risk — the fund invests globally, introducing currency, regulatory, and geopolitical risks
  • New fund risk — the fund has a limited operating history and no extensive track record on which to base investment decisions
  • Concentration risk — to the extent the fund concentrates in specific industries, economic or political conditions affecting those industries may have a greater impact
  • Market risk — common stocks are generally exposed to greater risk than other types of securities

An investor could lose some or all of their investment. Past performance does not guarantee future results.

Position Disclosure

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

No Investment Advice

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

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

Investors should carefully review the fund's prospectus and consider their own financial situation and risk tolerance before investing. For a prospectus or summary prospectus, call (844) 875-2288 or visit www.vistashares.com.

Compensation

Wolf Financial LLC has been contracted by The Investing Authority ("TIA"), on behalf of VistaShares, to publicly disseminate information about AIS via digital communications across multiple campaign periods:

  • Campaign 1: Wolf Financial LLC was paid $48,000 USD for the period of January 29, 2025 through July 29, 2025.
  • Campaign 2: Wolf Financial LLC was paid $72,000 USD for the period of July 29, 2025 through February 1, 2026.
  • Campaign 3: Wolf Financial LLC is being paid $216,000 USD for the period of January 1, 2026 through January 1, 2027.

Official Fund Resources

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