IAUI

NEOS Gold High Income ETF seeks to generate high monthly income with the potential for appreciation based on exposure to exchange-traded products ("ETPs") that have direct exposure to gold. The fund seeks to track the price of gold by investing up to 25% of the fund's assets in exchange-traded Gold ETPs (the "Gold ETPs") primarily through a controlled foreign corporation and directly investing in Gold ETPs. The fund may invest up to 25% of its total assets in the Cayman Subsidiary, consistent with the limits of the U.S. federal tax law requirements applicable to registered investment companies. It is non-diversified.