The Fund invests at least 80 percent of its net assets (plus borrowings for investment purposes) in the equity securities (the Equity Securities) held by the Amplify Cybersecurity ETF (the HACK ETF), a series of the Amplify ETF Trust advised by Amplify Investments, LLC, the investment adviser to the Fund (Amplify Investments or the Adviser), and written covered call option contracts that reference the Equity Securities. Amplify Investments serves as the investment adviser to the Fund. Tidal Investments LLC (Tidal or the Sub-Adviser) serves as the investment sub-adviser to the Fund. The Fund is classified as a non-diversified company under the Investment Company Act of 1940, as amended (the 1940 Act).