BUILD FUNDS TRUST BUILD BOND INNOVATION ETF

The Fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective through investing in a non-diversified portfolio of U.S. dollar-denominated, investment-grade bonds of U.S. and non-U.S. issuers either directly or indirectly via unaffiliated ETFs (“Underlying Funds”), (the “Fixed Income Strategy”) and call options linked to the performance of the S&P 500 TM Index or an S&P 500 TM Index ETF (collectively, the “Reference Asset”), (the “Equity Option Overlay Strategy”).