Listed February 26, 2026
The Fund is an actively managed exchange-traded fund (ETF) that seeks to pay weekly distributions. The Fund operates as a fund of funds, meaning the Fund invests primarily in shares of other ETFs. The Funds portfolio will consist primarily of REX Growth & Income ETFs (each, an Underlying Leveraged ETF, and together, the Underlying Leveraged ETFs), which are affiliated ETFs that are advised by REX Advisers, LLC, investment adviser to the Fund (the Adviser).
Each of the Underlying Leveraged ETFs has a primary investment objective to pay weekly distributions and a secondary investment objective to seek daily investment results, before fees and expenses, between 105% and 150% the daily percentage change of the (1) common stock or depositary receipt of an operating company, (2) share price of a particular ETF, or (3) the share price of a U.S.-listed exchange-traded product (ETP) (each, an Underlying Security, and together, the Underlying Securities).
The Fund, under normal market conditions, will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investments that provide exposure to the Underlying Leveraged ETFs. Additionally, for purposes of compliance with this investment policy, derivative instruments (i.e., options contracts and/or swap agreements) will be valued at their notional value.
As a result of the of the investment strategies of the Underlying Leveraged ETFs, the Funds indirect exposure to the gains of the Underlying Securities, if any, will be limited. However, the Fund will bear any losses resulting from a decline in the value of the Underlying Securities, and such losses may not be offset by any income the Fund receives.
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REX Shares is an innovative ETP provider that specializes in alternative-strategy ETFs and ETNs. The firm created the MicroSectors and co-created the T-REX product lines of leveraged and inverse tools for traders and recently launched a series of option-based income strategies. The firm is rooted in decades of experience building inventive solutions that solve for a range of specific challenges in investor and trader portfolios.