Investment Objective

MRP SynthEquity ETF (the “Fund”) seeks long-term capital appreciation.

About Measured Risk Portfolios

Founded in 2007, Measured Risk Portfolios is a fee-only, third-party money manager and home of the innovative investment strategy, SynthEquity™.

SynthEquity™ is an options-based investment approach that combines the benefits of the long-run uncapped upside potential of the S&P 500, with proactively defined calendar year risk.

Popularized by Modern Portfolio Theory, traditional diversification has served as the standardized investment strategy to manage risk and reward, typically through what’s commonly referred to as the “60/40 Portfolio”. While diversification may have its benefits, it may also have more drawbacks than is appreciated.

Measured Risk Portfolios believes SynthEquity™ offers advantages compared to traditional diversification due to its ability to potentially deliver compelling returns in the strongest markets and provide peace of mind in the most challenging markets.

Founders Larry Kriesmer, CLU, ChFC, and Bernard Surovsky, CFS, each have 30 years of experience in Financial Services and 20 years of experience trading options-based investment strategies

Our Story

The foundation of our firm is built on decades of experience stewarding client assets through market volatility.

Founding partners Larry and Bernard first joined forces over 20 years ago at MML Investors, where they shared the challenges of managing portfolios that were built using traditional diversification during the Dot-Com market crash of the early 2000s.

Recognizing the limitations of conventional diversification and seeking greater flexibility to address their clients needs, in 2007, they made the pivotal decision to go independent, establishing their own Independent Registered Investment Advisory firm. Shortly after, they offer the first version of their proprietary options trading strategy, specifically created to address the issues they faced during the last severe market downturn.

Today, this strategy is known as SynthEquity™ (Synthetic- Equity), which is designed to limit risk without sacrificing the long run upside potential of the US equity markets.

Their strategy faced immediate real-world trial by fire one year after its launch, in 2008 during the Great Financial Crisis, where SynthEquity™ proved its effectiveness under extreme market duress. Their ability to navigate this crisis—protecting client capital, maintaining liquidity, and strengthening client relationships—validated their methodology and reinforced their commitment to redefining risk management.

Building on this success, they expanded their offering in the years that followed, making their investment strategy available to a broader audience through Separately Managed Accounts as Third-Party Asset Managers.

In 2024, they took their vision a step further, Trademarking the term SynthEquity™ to better define their innovative, re-imagined approach to risk management—an evolution of their core philosophy that continues to challenge the status quo of traditional investing.

Fund Documents

Fund Details

*The 30-Day SEC Yield is calculated with a standardized formula mandated by the SEC. The formula is based on the maximum offering price per share and does not reflect waivers in effect.

Fund Data & Pricing

**30-Day Median Spread is a calculation of Fund’s median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund’s national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

Fund Performance

Inception Date: 03/10/2025

The performance data quoted above represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted above. Performance current to the most recent month-end can be obtained by calling (844) 874-7383.

Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on historical returns. Returns beyond 1 year are annualized. A fund’s NAV is the sum of all its assets less any liabilities, divided by the number of shares outstanding. The market price is the most recent price at which the fund was traded.

Distribution Detail

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Top 10 Holdings

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Fund holdings are subject to change.

Purchase

MRP SynthEquity ETF (SNTH) is available through various channels including via phone (844) 874-7383, broker-dealers, investment advisers, and other financial services firms, including:

This Fund is not affiliated with these financial service firms. Their listing should not be viewed as a recommendation or endorsement.

The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus and summary prospectus contains this and other important information about the investment company, and it may be obtained by calling (844) 874-7383, or visiting www.SynthEquityETF.com. Read it carefully before investing.

Referenced Index Risk. The Fund invests in options contracts that are based on the value of the Index (or in ETFs that track the Index’s performance). This subjects the Fund to certain of the same risks as if it owned shares of companies that comprised the Index or an ETF that tracks the Index, even though it does not.

Fixed Income Investing Risks. The Fund will be subject to fixed income risks  through its investments in U.S. Treasury securities. Changes in interest rates generally will cause the value of fixed-income and bond instruments held by Fund to vary inversely to such changes.

Derivatives Risk. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, commodities, currencies, funds (including ETFs), interest rates or indexes.

High Portfolio Turnover Risk. The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses.

New Fund Risk. The Fund is a recently organized investment management company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.

Non-Diversification Risk. Although the Fund intends to invest in a variety of securities and instruments, the Fund is considered to be non-diversified, which means that it may invest a greater percentage of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund.

Distributed by Foreside Fund Services, LLC.