GRANITESHARES YIELDBOOST HIMS ETF (USD) HMYY.US

The GraniteShares YieldBOOST HIMS ETF is an actively managed equity options income fund that seeks to generate income by selling put options on leveraged ETFs tied to Hims & Hers Health, Inc. ("HIMS") common stock.

The fund's primary objective is to produce twice (200%) the income from those option-selling activities compared to selling options directly on HIMS. As a secondary objective it aims to obtain exposure to the performance of the leveraged ETF used in its options strategy, though this exposure is subject to a cap on possible gains.

In executing its strategy the fund primarily sells options (puts) on a leveraged ETF that seeks to deliver twice the daily performance of HIMS, often using swap agreements as reference instruments. The fund may also engage in other derivative contracts tied to the leveraged ETF. The fund therefore has significant exposure to the volatility and return characteristics of both HIMS and the leveraged ETF. The fund's asset class is equity, focused on a single underlying company (Hims & Hers Health, Inc.) via leveraged equity exposure, and it falls into the alternative/derivative income category.

It is non-diversified in structure. Provider is GraniteShares, operating under the GraniteShares ETF Trust, a U.S. ETF vehicle registered under the Investment Company Act of 1940, with GraniteShares Advisors LLC serving as adviser.