IDX Risk-Managed Bitcoin Strategy Fund
Investor Class Shares: BTCDX
Institutional Class Shares: BTIDX
IDX Commodity Opportunities Fund
Investor Class Shares: CFIDX
Institutional Class Shares: COIDX
Each a Series of IDX Funds
Supplement dated November 1, 2023,
to the
Statement of Additional Information (the “SAI”), dated April 28, 2023
The following replaces the “Officers” table under the sub-heading “Trustees and Officers” under the heading “Board of Trustees, Officers, and Principal Shareholders” on page 12 of the SAI:
Name and Year of Birth |
Position(s) Held with Trust |
Length of Service |
Principal Occupation(s) During Past 5 Years |
Number of Series Overseen |
Other Directorships During Past 5 Years |
Officers | |||||
Christopher MacLaren - 1978 | President | Since 2021 | Managing Member of Gryphon Fund Group, LLC (2021 – Present); Managing Director of Fund Administration and Accounting, Winbridge Partners, LLC (2018 - 2021); Member and Director of Fund Accounting and Fund Administration, FSM Capital Management, LLC (2016 – 2018) | N/A | N/A |
Randi Roessler - 1981 | Chief Compliance Officer | Since 2023 | Director, PINE Advisor Solutions (March 2023-present); Chief Compliance Officer, Davis Selected Advisers, L.P., Davis Funds, Selected Funds, the Clipper Fund Trust, the Davis Fundamental ETF Trust, and Davis Distributors, LLC (2018-2023) | N/A | N/A |
Gordon M. Jones - 1988 | Treasurer | Since 2021 | Member of Gryphon Fund Group, LLC (2021-Present); Director of Fund Administration and Tax, Winbridge Partners, LLC (2020-2021); Senior Tax Manager, Cohen & Company, Ltd (2010-2020) | N/A | N/A |
Brandon J. Byrd - 1981 | Anti-Money Laundering (“AML”) Officer | Since 2022 | Member of Gryphon Fund Group, LLC (2022-Present); Director of Transfer Agency, 360 Funds Trust/M3Sixty Funds Trust, M3Sixty Administration, LLC (2001-2021) | N/A | N/A |
Bo J. Howell – 1981 |
Secretary
Assistant Secretary |
Since 2021
2020-2021 |
Managing Member, Fintech Law, LLC (2022-present); CEO of Joot (2018-present); Partner, Strauss Troy Co., LPA (2020 – 2021); Partner, Practus LLP (2018-2020) | N/A | N/A |
* * * * * * *
You should read this Supplement in conjunction with the Prospectus and SAI dated April 28, 2023, each as may be amended from time to time, which provide information that you should know about the Fund before investing. These documents are available upon request and without charge by calling the Fund at 216-329-4271.
PLEASE RETAIN THIS SUPPLEMENT FOR FUTURE REFERENCE
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