m+ funds provide a defined outcome (a payoff), on a specified ETF, referred to as a Reference Asset, at a specified maturity date. The funds are intended to provide investors greater certainty of investment results, compared to other alternatives, with a pre-determined amount of downside protection, enhanced upside, or both. All m+ funds are registered under the Investment Company Act of 1940 (the “1940 Act”) and are publicly offered funds which: