


As a result, there is no long-term track record against which an investor may judge the Adviser and/or Subadviser. Neither the Adviser nor the Subadviser has previously served as an adviser or a subadviser to a mutual fund or exchange-traded fund. The success of the fund will depend in part upon the skill and expertise of certain key personnel of the Adviser, and there can be no assurance that any such personnel will be successful. The ability of the Adviser to successfully implement the fund's investment strategies will significantly influence the fund's performance. As an actively-managed ETF, the fund is subject to management risk. There is no guarantee the fund will achieve its investment objective. Investing involves risk, including loss of principal.
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For access to the full disclaimers and disclosures for Fairlead Strategies, including their policy regarding editor securities holdings, go to or email Risk Information: For full disclaimers and disclosures, please view Disclaimers and Disclosures.įairlead Strategies, LLC is a registered investment adviser and the Subadviser for TACK. Cary Street Partners is the Adviser for the Fairlead Tactical Sector ETF (TACK). Cary Street Partners is the trade name used by Cary Street Partners LLC, Member FINRA/ SIPC Cary Street Partners Investment Advisory LLC and Cary Street Partners Asset Management LLC, registered investment advisers. Northern Lights Distributors, LLC, Fairlead Strategies, LLC, and Cary Street Partners Asset Management LLC are separate and unaffiliated. The fund is distributed by Northern Lights Distributors, LLC (Member FINRA). Investors may obtain a copy of the prospectus by calling 87, emailing or it may be downloaded here. The prospectus contains this and other information about the fund, and it should be read carefully before investing. Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing.
