NEOS S&P 500 HEDGED EQUITY INCOME ETF

The NEOS S&P 500® Hedged Equity Income ETF (the “Fund”) seeks high monthly income in a tax efficient manner with a measure of downside protection. The Fund aims to offer tax efficient monthly income through a data-driven option strategy on the S&P 500. The Fund may offer a measure of downside protection via a constant, fully financed market hedge that seeks to reduce downside risk. The Fund may offer flexibility across markets throughout a systematic approach that may aid in capturing gains and minimizing losses.