NICO

Hexis Active Nicotine Engagement ETF is an actively managed, non-diversified fund that provides concentrated global exposure to the tobacco and nicotine sector, specifically targeting corporate issuers demonstrating measurable operational progress in transitioning away from combustible products toward reduced-risk alternatives. The fund combines direct equity holdings and total return swaps with a structured corporate engagement strategy to support sustainable industry change while seeking long-term capital returns driven by fundamental research and a proprietary transition scoring framework.