Under normal market conditions, the Fund will invest substantially all of its assets in FLexible EXchange Options (FLEX Options) that reference the price performance of the iShares Russell 2000 ETF (the Underlying ETF). FLEX Options are customized equity or index option contracts that trade on an exchange, but provide investors with the ability to customize key contract terms like exercise prices, styles and expiration dates. The Underlying ETF is an exchange-traded fund that seeks to track the investment results of the Russell 2000 Index (the Underlying Index). BlackRock Fund Advisors (BFA) serves as the Underlying ETFs sponsor. The investment objective of the Underlying ETF is to seek to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Russell 2000 Index (the Index) by investing at least 80 percent of its assets in the component securities of the Underlying Index and in investments that have economic characteristics that are substantially identical to the component securities of its Underlying Index (i.e., depositary receipts representing securities of the Underlying Index). The Underlying ETF may invest up to 20 percent of its assets in certain futures, options and swap contracts, cash and cash equivalents, including shares of money market funds advised by BFA or its affiliates, as well as in securities not included in the Underlying Index, but which BFA believes will help the Underlying ETF track the Underlying Index. The Russell 2000 Index includes small-cap U.S. equity securities issued by the approximately 1,921 smallest issuers in the Russell 3000 Index. The Fund's performance will not reflect the payment of dividends by the Underlying ETF. See The Underlying ETF for more information. The Funds investment sub-advisor is Vest Financial LLC (Vest or the Sub-Advisor).