What Sets REX Growth & Income ETFs Apart

Because of daily rebalancing and the compounding of each day’s return over time, the return of the Funds for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from between 105% and 150% of the return of each Fund’s reference stock over the same period. A Fund will lose money if its reference stock’s performance is flat over time, and as a result of daily rebalancing, volatility and the effects of compounding, it is even possible that a Fund will lose money over time while its reference asset’s performance increases over a period longer than a single day. Investing involves a high degree of risk. As with any investment, there is a risk you could lose all or a portion of your investment in one of the Funds.

An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about the REX Shares. To obtain a Fund’s prospectus and summary prospectus go to rexshares.com. A Fund’s prospectus and summary prospectus should be read carefully before investing.

There is no guarantee that the Funds will be successful in their attempt to provide leveraged exposure to the underlying stocks or pay weekly distributions. Distributions are not guaranteed and may vary significantly from week to week, including zero. Distributions may include return of capital, which reduces cost basis and may contribute to NAV erosion over time.

The Funds provide synthetic exposure through derivatives. Investors do not own the underlying stock, nor do they have voting rights or stock dividends. Flat or highly volatile markets can erode the fund’s value due to leverage mechanics. There is also a risk that premiums collected may not fully offset potential declines.

Leverage Risk. The Funds employ daily leveraged investment techniques. An investor could potentially lose more than the amount invested in the underlying stock on any given day due to the leveraged exposure.

Derivatives and Counterparty Risk. The Funds use swaps and options to achieve their investment exposure, introducing counterparty risk, valuation risk, and potential liquidity constraints.

Covered Call Risk. Writing covered calls limits a Fund’s participation in price appreciation above the call strike price. In strongly rising markets, a Fund will underperform its reference stock.

Single-Stock Concentration Risk. Each single-stock Fund is tied to one company. There is no diversification — performance depends entirely on that one stock.

Compounding Risk. The Funds can be held beyond a day, but investors should understand that compounding effects may cause returns to diverge from the reference stock’s returns over time. Active monitoring is recommended.

Swap Agreements Risk. The Funds may utilize swap agreements to derive their exposure to shares of the reference asset. Swap agreements may involve greater risks than direct investment in securities as they may be leveraged and are subject to credit risk, counterparty risk and valuation risk. A swap agreement could result in losses if the reference asset does not perform as anticipated. Many swap agreements trade over-the-counter and may be considered illiquid. A Fund may not be able to liquidate a swap position at an advantageous time or price, which may result in significant losses.

Funds distributed by: Foreside Fund Services, LLC, not affiliated with Rex Shares, LLC, or its affiliates.