IDIV — Metaurus U.S. Equity Cumulative Dividends Fund-Series 2027 ☆

The investment seeks investment results that, before fees and expenses, correspond to the performance of the Metaurus U.S. Cumulative Dividends Index—Series 2027 (the “Metaurus Dividend Index”) over each calendar year. The advisor intends primarily to invest its assets in the component instruments of the index, as well as in cash and/or cash equivalents. The component instruments of the Metaurus Dividend Index consist of U.S. Treasury Securities and long positions in annual futures contracts listed on the CME that provide exposure to dividends paid on the S&P 500 constituent companies pro rata for each year of the life of the fund.