NTKI Stock, Nationwide Russell 2000 Risk-Managed Income ETF Information

The Nationwide Russell 2000 Risk-Managed Income ETF (the Fund) seeks current income with downside protection. The Fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective principally by investing in a portfolio of the stocks included in the Russell 2000 Index (the Russell 2000 or the Reference Index) and an options collar (i.e., a mix of written (sold) call options and long (bought) put options) on the Russell 2000. The Fund seeks to generate high current income on a monthly basis from a combination of the dividends received from the Funds equity holdings and the premiums earned from the options collar. The options collar seeks to generate a net-credit, meaning that the premium received from the sale of the call options will be greater than the cost of buying the protective put options. The options collar is intended to reduce the Funds volatility and provide a measure of downside protection.