IVEP – Dan IVES Wedbush AI Power & Infras ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to track the total return performance, before fees and expenses, of the Solactive Wedbush AI Power & Infrastructure Index (the “Index”). The index is comprised exclusively of equity securities (or corresponding American Depositary Receipts (“ADRs”)) of companies included in the Dan Ives AI Power & Infrastructure 30 Research Report (the “AI Power Report”). Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in the securities of AI Power Companies. It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
IVEP	Dan IVES Wedbush AI Power & Infrastructure ETF	ETF	Open	—	—	Apr 7, 2026	$16.63M	0.750%	—	—	—

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