497 1 nestyield-497_010625.htm DEFINITIVE MATERIALS UNDER RULE 497(E)

Filed pursuant to Rule 497(e)

Registration Nos. 333-221764; 811-23312

 

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NestYield Total Return Guard ETF (EGGS)

NestYield Dynamic Income ETF (EGGY)

Each listed on NYSE Arca, Inc.

 

NestYield Visionary ETF (EGGQ)

listed on The Nasdaq Stock Market, LLC

 

January 6, 2025

 

Supplement to the Prospectus and Statement of Additional Information (“SAI”),

each dated December 22, 2024,

and where applicable a Fund’s Summary Prospectus

 

 

Effective January 1, 2025, the Funds’ investment adviser, Tidal Investments LLC (the “Adviser”) has acquired the trading team previously employed by ZEGA Financial LLC (“ZEGA”), each Fund’s sub-adviser.

 

In connection with this transaction, ZEGA will cease operations as a registered investment adviser and resign as a sub-adviser for the Funds. The Adviser will assume full management responsibilities for the Funds. Jay Pestrichelli, a key member of each Fund’s portfolio management team previously employed by ZEGA, will continue to serve as a portfolio manager for the Funds, now as an employee of the Adviser. There are no other portfolio manager changes for the Funds.

 

This transaction will not result in any changes to any of the Funds’ investment objectives, principal investment strategies, or fees. Each Fund will continue to be managed in accordance with its stated policies and objectives, ensuring continuity for shareholders.

 

All references to “ZEGA” and the “Sub-Adviser” in each Summary Prospectus, Prospectus, and SAI are hereby updated to refer to the “Adviser.”

 

 

 

Please retain this Supplement for future reference.