Annual Fund Operating Expenses - Concourse Capital Focused Equity ETF - Concourse Capital Focused Equity ETF Class

Sep. 30, 2026

Management Fees (as a percentage of Assets)

0.95%

Distribution and Service (12b-1) Fees

0.00%

Other Expenses (as a percentage of Assets):

0.00%

Acquired Fund Fees and Expenses

0.01%

^[1]

Expenses (as a percentage of Assets)

0.96%

[1]

1“Acquired Fund Fees and Expenses” are indirect fees and expenses that the Fund incurs from investing in other investment companies. Total Annual Fund Operating Expenses do not correlate to the expense ratios in the Fund’s Financial Highlights because the Financial Highlights include only the direct operating expenses incurred by the Fund and exclude Acquired Fund Fees and Expenses.