The NEOS Boosted Nasdaq-100 High Income ETF (the "Fund") seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets. The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by: (i) investing in a portfolio of stocks that make up the Nasdaq-100 Index (the "Nasdaq-100" or the "Reference Index") and utilizing a call options strategy, which primarily consists of writing (selling) call options on the Reference Index ("NDX call options") to provide high monthly income; and (ii) "boosting" (i.e., obtaining additional) the Fund's long exposure to the Reference Index by utilizing a synthetic options strategy and "boosting" the monthly income earned for the Fund by writing (selling) additional NDX call options. The Fund's exposure to the underlying strategies of QQQI, combined with the boost from the additional long exposure to the Nasdaq100 through a synthetic options strategy and the additional income through a synthetic NDX covered call strategy, is designed to provide the Fund with investment exposure equal to approximately 150% of QQQI.
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