China AI Tigers LLM ETF (TGRZ)

The fund invests at least 80% of its net assets, plus borrowings for investment purposes, in equity securities and derivative instruments of companies that are located in China or are economically tied to China and that derive at least 50% of their assets, revenues, or profits from developing or commercializing artificial intelligence foundation models, large language models, machine learning systems, cloud AI platforms, AI operating systems, or related software infrastructure. For purposes of the fund’s 80% policy, derivative instruments are valued at their notional value. It is non-diversified.