IVES – Dan IVES Wedbush AI Revolution 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 Dan IVES Wedbush AI Revolution Index. The index is comprised exclusively of equity securities (or corresponding American Depositary Receipts (“ADRs”)) of companies included in the Dan Ives AI 30 Research Report (the “AI 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 Companies. The fund 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
IVES	Dan IVES Wedbush AI Revolution ETF	ETF	Open	—	—	Jun 3, 2025	$1.02B	0.750%	—	—	$9.95M

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