HCOW – Amplify COWS Covered Call ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide investors with current income. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in shares of the COWS ETF, a series of the Amplify ETF Trust advised by Amplify Investments, LLC, the investment advisor to the fund. Pursuant to its investment objective, it will additionally seek to implement the Call Income Strategy for the purposes of providing income to the fund that supplements the cash flows received through the fund’s investment in the COWS ETF. 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
HCOW	Amplify COWS Covered Call ETF	ETF	Open			Sep 19, 2023	$17.06M	0.650%	—	—	$2.81M

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