The Fund’s investment objective is to provide
investors with returns that match the price return
of the SPDR® S&P 500® ETF Trust up to a
predetermined upside cap while providing a
downside buffer against the first 12% (before fees
and expenses) of the SPDR® S&P 500® ETF
Trust’s losses over the one year Target Outcome
Period. In seeking to achieve this investment
objective, the Fund’s upside cap over the period
May 1, 2024 through April 30, 2025 is 16.46%