The Premium/Discount chart shows the difference between the daily market price of the
Fund’s shares and the Fund’s net asset value (“NAV”). The daily market price is
calculated using the mid-point between the highest bid and the lowest offer on the
listing exchange, as of the time that the Fund’s NAV is calculated (usually 4:00 pm
Eastern time). The vertical axis of the chart shows the premium or discount of the
Mid-Point price as a percentage of the NAV. The horizontal axis shows the number of
trading days covered by the chart, and each bar in the chart demonstrates how many days
the Fund traded within the given premium/discount range. The data presented in the chart
and table above represent past performance and cannot be used to predict future results.
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The principal risks of investing in LIFGF include: Equity Securities
Risk. The value of the equity securities the Fund holds
may fall due to general market and economic conditions. Foreign Securities
Risk. Investments in the securities of foreign issuers involve risks beyond
those associated with investments in U.S. securities. Financial Technology
Risk. Companies that are developing financial technologies that seek to
disrupt or displace established financial institutions generally face competition from
much larger and more established firms. Fintech Innovation Companies may not be able to
capitalize on their disruptive technologies if they face political and/or legal attacks
from competitors, industry groups or local and national governments. A Fintech
Innovation Company may not currently derive any revenue, and there is no assurance that
such company will derive any revenue from innovative technologies in the future.
Technology companies may have limited product lines, markets, financial resources or
personnel. The products of technology companies may face rapid product obsolescence due
to technological developments and frequent new product introduction, unpredictable
changes in growth rates and competition for the services of qualified personnel.
Blockchain technology is new and many of its uses may be untested. Blockchain and
Digital commodities and their associated platforms are largely unregulated, and the
regulatory environment is rapidly evolving. Because blockchain works by having every
transaction build on every other transaction, participants can self-police any
corruption, which can mitigate the need to depend on the current level of legal or
government safeguards to monitor and control the flow of business transactions. As a
result, companies engaged in such blockchain activities may be exposed to adverse
regulatory action, fraudulent activity or even failure. Digital assets that are
represented and trade on a blockchain may not necessarily benefit from viable trading
markets. For other risks regarding the fund please see the prospectus. There can be no
assurance that the ETF will achieve its investment objective. The ETF’s portfolio is
more volatile than broad market average. Shares of LIFGF are bought and sold at market
price (not NAV) and are not individually redeemed from the ETF. ETF shares may only be
redeemed directly with the ETF at NAV by Authorized Participants, in very large creation
units. There can be no guarantee that an active trading market for ETF shares will
develop or be maintained, or that their listing will continue or remain unchanged.
Buying or selling ETF shares on an exchange may require the payment of brokerage
commissions and frequent trading may incur brokerage costs that detract significantly
from investment returns.