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How does a TSLA fund generate income?

To generate income, the fund writes call options with an expiration of one month or less and a strike price of approx. 5%-15% above TSLAs current share price. This limits the funds participation in potential gains if TSLA shares increase in value. The short put positions fully expose investors to the downside of the stock.

What happens if TSLA shares decrease in value?

The Fund’s strategy is subject to all potential losses if TSLA shares decrease in value, which may not be offset by income received by the Fund. The Fund may not be suitable for all investors. Shareholders of the Fund are not entitled to any dividends paid by TSLA. For YieldMax™ ETFs Distribution Schedules, click here.

Does the fund invest directly in TSLA?

The Fund does not invest directly in TSLA. Investing in the fund involves a high degree of risk. Single Issuer Risk. Issuer-specific attributes may cause an investment in the Fund to be more volatile than a traditional pooled investment which diversifies risk or the market generally.

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