Expense Waiver Details
The Fund’s investment adviser, Toroso Investments, LLC (the “Adviser”), has agreed to a reduced unitary management fee of 0.50% for the Fund until at least December 31, 2023 so that Total Annual Fund Operating Expenses after Fee Waiver do not exceed 0.50% during this period. This agreement may be terminated only by, or with the consent of, the Fund’s Board of Trustees, on behalf of the Fund, upon sixty (60) days’ written notice to the Adviser. This Agreement may not be terminated by the Adviser without the consent of the Board of Trustees.