p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"span class="Bold" style="font-style:normal;font-weight:bold;"The Fund does not invest in digital assets directly or through the use of derivatives. The Fund also does not invest in initial coin offerings. The Fund does, however, have indirect exposure to digital assets by virtue of its investments in companies that use one or more digital assets as part of their business activities and/or that hold digital assets as proprietary investments. Because the Fund does not invest directly in any digital assets, it will not track price movements of any digital assets./span/p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"Under normal circumstances, the Fund seeks to achieve its investment objective by investing at least 80% of its net assets (including investment borrowings) in the constituents that comprise the Index and in other instruments that have economic characteristics and provide investment exposure similar to the component securities of the Index. Other instruments that have economic characteristics and provide investment exposure similar to the component securities of the Index include depositary receipts (such as American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”)). The Fund invests in equity securities (span class="Italic" style="font-style:italic;font-weight:normal;"e.g./span, common stock) and depositary receipts of companies included in the Index. The Fund using a “passive management” (or indexing) investment approach attempts to replicate before fees and expenses, the performance of the Index./pp class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"The Index is designed by Indxx (the “Index Provider”) to consist of U.S. and nonspan class="nobreak"-U/span.S. equity securities of companies that have been classified by the Index Provider as providing exposure to global bitcoin mining companies that generate revenue from bitcoin mining activities or mining related hardware, software and/or services (collectively, “Bitcoin Mining Companies”). The Index Provider is not affiliated with the Fund, the Adviser or the Subspan class="nobreak"-Adviser/span. In constructing the Index, the Index Provider identifies Bitcoin Mining Companies that are involved in the mining of Bitcoin and verification of the Bitcoin network, Bitcoin mining pool services, and adding Bitcoin transactions into blockchain ledgers. The Index Provider may also include companies that provide Bitcoin mining infrastructure and related services such as data center hosting, the manufacturing of ASICs (Applicationspan class="nobreak"-Specific/span Integrated Circuits) machines, mining rigs, and GPUs (Graphics Processing Units), and related hardware and software for bitcoin mining (collectively, “Bitcoin Mining”). The Index Provider determines eligible Bitcoin Mining Companies based on a proprietary process that relies on extensive research to generate a preliminary list of Bitcoin Mining Companies./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"To be eligible for inclusion in the initial investable universe, securities must be/have:/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanTheir listing either in a developed (including the U.S.) or emerging market based on the Index Provider’s rulesspan class="nobreak"-based/span country classification system, in the form of common stock or depositary receipt (American or global). As of March 2026, the list of developed markets includes the United States, Canada, Australia, Hong Kong, Japan, New Zealand, Singapore, South Korea, Taiwan, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Israel, Italy, Poland, the Netherlands, Norway, Portugal, Spain, Sweden, Switzerland and the United Kingdom and the list of emerging markets includes Brazil, Chile, Colombia, Mexico, Peru, China, India, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Czech Republic, Greece, Hungary, Kuwait, Qatar, South Africa, Turkey and the United Arab Emirates./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanA minimum total market capitalization of $50 million USD./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanA sixspan class="nobreak"-month/span average daily turnover greater than or equal to $0.5 million./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanAll securities must have a minimum free float equivalent to 10% of shares outstanding./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanSecurities trading at a price of $10,000 or above are ineligible for inclusion in the Index. This rule is not applicable for existing constituents. Existing constituents shall remain in the initial universe irrespective of their stock price./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanTraded on 90% of the eligible trading days in the last sixspan class="nobreak"-months/span. In the case of initial public offerings where a security does not have a trading history of sixspan class="nobreak"-months/span, such a security must have started trading at least threespan class="nobreak"-months/span before the start of the reconstitution and rebalancing process and should have traded on 90% of the eligible trading days for the past threespan class="nobreak"-months/span./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"The Index Provider further classifies the Bitcoin Mining Companies using the following methodology:/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanspan class="Bold" style="font-style:normal;font-weight:bold;"Pure/spanspan class="nobreak"span class="Bold" style="font-style:normal;font-weight:bold;"-Play/span/span: Companies that derive greater than or equal to 50% of their revenue from Bitcoin Mining are considered as ‘purespan class="nobreak"-play/span’ companies./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanspan class="Bold" style="font-style:normal;font-weight:bold;"Quasi/spanspan class="nobreak"span class="Bold" style="font-style:normal;font-weight:bold;"-Play/span/span:span class="Bold" style="font-style:normal;font-weight:bold;" /spanCompanies with diversified revenue streams that generate at least 20% (but less than 50%) of their revenue from Bitcoin Mining are considered as ‘quasispan class="nobreak"-play/span’ companies./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanspan class="Bold" style="font-style:normal;font-weight:bold;"Marginal/span: Companies with diversified revenue streams that generate less than 20% of their revenue from Bitcoin Mining are considered as ‘marginal’ companies./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"In constructing the Index, the Index Provider includes the top 25 Purespan class="nobreak"-Play/span companies by market capitalization. If fewer than 25 Purespan class="nobreak"-Play/span companies qualify for inclusion in the Index, then the top Quasispan class="nobreak"-Play/span companies by largest total market capitalization are included until the portfolio size reaches 25. If fewer than 25 Purespan class="nobreak"-Play/span and Quasispan class="nobreak"-Play/span companies qualify for inclusion in the Index, then the top Marginal companies by largest total market capitalization are included until the portfolio size reaches 25. If there are fewer than 25 companies in the selection list, all the companies are considered./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"The Index is reconstituted and rebalanced quarterly after the close of business on the last trading day (“Effective Date”) of each March, June, September, and December, based on data as of the last week of each month prior to the applicable reconstitution and rebalance period of the Index./pp class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:7pt;margin-top:7pt;"The Index is weighted as follows:/p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanSecurities are weighted based on their security level free float market capitalization./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanTotal weight of Quasispan class="nobreak"-Play/span + Marginal companies is capped at 15%./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanWithin the Quasispan class="nobreak"-Play/span + Marginal basket a security cap of 3% is applied and the excess weight is redistributed proportionally amongst the uncapped securities within this basket./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanA single security cap of 15% is applied amongst the Purespan class="nobreak"-Play/span securities and the excess weight is redistributed proportionally amongst the uncapped securities within this basket./p p class="BL_m" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;list-style-position:outside;list-style-type:disc;margin-bottom:0;margin-left:36pt;margin-right:0;margin-top:6pt;orphans:2;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:-18pt;widows:3;margin-top:6pt;"span class="bullet" style="font-family:Symbol, sans-serif;font-size:10pt;font-style:normal;font-weight:normal;"•span style="width: 18px;display: inline-block;" /span/spanTotal weight of the securities with weights greater than 5% is capped at 45% and a single cap of 4.25% is applied on the securities thereafter with weights greater than 5% and the excess weight is redistributed proportionally amongst the uncapped securities within the Purespan class="nobreak"-Play/span basket./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"For example, where the Index is comprised completely of Purespan class="nobreak"-Play/span companies, a single security cap of 15% is applied and the excess weight is redistributed proportionally among the uncapped securities within the basket. An aggregate cap is then applied such that the total weights of securities with weights greater than 5% is capped at 45%. Following this aggregate cap, securities with weights in excess of 5% are capped to 4.25% and excess weight is redistributed among the remaining uncapped securities./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"In the event that fewer than 25 Purespan class="nobreak"-Play/span companies qualify for inclusion in the Index and Quasispan class="nobreak"-Play/span and Marginal companies become eligible, the same process is followed subject to a maximum weight of 15% for the aggregate of all Quasispan class="nobreak"-Play/span and Marginal companies. A single security cap of 3% is applied to any given Quasispan class="nobreak"-Play/span or Marginal security and the excess weight is redistributed proportionally among the uncapped Quasispan class="nobreak"-Play/span or Marginal securities such that the total weight allocated to such companies is capped at 15%. Purespan class="nobreak"-Play/span security weighting follows the same capping methodology described above, with a single security cap of 15%, an aggregate cap of 45% for the total allocation of securities greater than 5%, and a final single security cap of 4.25% thereafter./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"A “blockchain” is a digital series of records stored across a decentralized network that uses cryptography to create a secure and verified history of transactions. The decentralized nature of a blockchain utilizes and relies on multiple “nodes” to continuously update and certify the accuracy of information in the chain, mitigating the risks associated with centralized networks, where a single source can be tampered with to change information across a network. Blockchain technology can be used to record transactions involving tangible, intangible, and digital assets, and a blockchain may be constrained to certain users or companies or open to the public./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"Blockchain networks may also be used to track the purchase, sale, or exchange of digital assets. Digital assets may be considered a form of digital currency that can be used to purchase goods or services from certain vendors or can be purchased or sold like an investment asset. Digital assets are not, however, widely accepted as a means of payment. Digital assets generally rely on a blockchain to maintain the integrity of their transaction histories, and for proof of work blockchains (such as Bitcoin) new amounts of a digital asset are added to the available supply based on the completion of certain complex mathematical problems — a process known as digital asset “mining”./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"The Fund generally employs a “passive management” investment strategy in seeking to achieve its investment objective and fully replicate the Index. However, under various circumstances, the Fund may use a representative sampling strategy, whereby the Fund would invest in what it believes to be a representative sample of the component securities of the Index. The Fund may use a representative sampling strategy when a replication strategy might be detrimental to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of securities to follow the Index; or, in certain instances, when a component security of the Index becomes temporarily illiquid, unavailable or less liquid. The Fund may also use a representative sampling strategy to exclude less liquid component securities contained in the Index from the Fund’s portfolio in order to create a more tradable portfolio and improve arbitrage opportunities. To the extent the Fund uses a representative sampling strategy, it may not track the Index with the same degree of accuracy as would an investment vehicle replicating the entire Index./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"The Fund may invest in small-, mid- and largespan class="nobreak"-capitalization/span companies./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"The Fund may lend securities representing up to onespan class="nobreak"-third/span of the value of the Fund’s total assets (including the value of the collateral received)./pp class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"The Fund is “nonspan class="nobreak"-diversified/span” under the Investment Company Act of 1940, as amended (“1940 Act”), and therefore is not required to meet certain diversification requirements under the 1940 Act./p p class="Text_flush" style="margin:0;padding:0;border-width:0;font-family:Grayscale Sans, sans-serif;font-size:10pt;font-style:normal;font-variant:normal;font-weight:normal;margin-bottom:0;margin-left:0;margin-right:0;margin-top:6pt;orphans:3;page-break-after:auto;page-break-before:auto;text-align:left;text-indent:0;widows:3;margin-top:6pt;"span class="Bold" style="font-style:normal;font-weight:bold;"Concentration Policy. /spanThe Fund may concentrate its investments (span class="Italic" style="font-style:italic;font-weight:normal;"i.e./span, invest 25% or more of the value of its total assets) in a particular industry or group of industries to the extent that the Index concentrates in an industry or group of industries. As of December 31, 2025, the Fund had significant exposure to the Information Technology sector. The Fund’s portfolio holdings, and the extent to which it concentrates its investments, are likely to change over time./p