The VistaShares Artificial Intelligence Supercycle® ETF (AIS) Hits $1 Billion in Assets

Milestone highlights growing investor demand for the firm’s
“Bill of Materials” approach to thematic investing

BOSTON & SAN FRANCISCO (September 9, 2026) – VistaShares, a leading issuer of actively-managed Liquid Alternative ETFs, is today celebrating the fact that its VistaShares Artificial Intelligence Supercycle® ETF(AIS) has passed $1 billion in assets under management.

AIS, which ranked in the top 1% of its Morningstar category (U.S. Fund – Technology) for 2025*, is an actively managed fund offering investors a strategic avenue to participate in the artificial intelligence (AI) infrastructure growth reshaping industries worldwide.

As opposed to other thematic approaches that focus on a single segment of the AI ecosystem, the strategy uses the firm’s patent-pending “Bill of Materials” approach that we believe provide investors with Pure Exposure™ to the value-chain contributing to this transformative industry.

“We are thrilled not only with the growth of AIS as a fund, but with what that growth says about how investors have come to understand and demand the Bill of Materials approach,” said Adam Patti, CEO of VistaShares. “We believe investing in the future requires understanding the forces shaping that future, which is why we stay close to the innovators, entrepreneurs and industry leaders who are building what comes next.”

VistaShares’ leadership team combines deep experience across finance and technology and includes Patti, who has decades of experience building and growing ETF lineups and co-founder Jon McNeill, co-founder of DVx Ventures and former President of Tesla. Both are part of an investment committee that also includes Robert Whitelaw, former Dean of NYU Stern Undergraduate College; David Fetherstonhaugh, formerly of Peter Thiel’s Mithril Capital; Sunny Madra, former President of Groq; Justin Lopas, Co-Founder of Base Power, and Ian Cinnamon, Co-Founder and CEO of Apex Space.

The Supercycle® ETF lineup also includes The VistaShares Electrification Supercycle® ETF (POW), The VistaShares Space Supercycle® ETF (GALX), The VistaShares Defense Supercycle® ETF (AMMO), and The VistaShares Robotics Supercycle® ETF (RTOO).

This milestone asset mark for AIS arrives shortly after the full VistaShares ETF lineup surpassed $2 billion in AUM.

For more information and updates from VistaShares, please visit www.VistaShares.com and follow the firm on LinkedIn @VistaShares, and on X @VistaSharesX.

---

About VistaShares

VistaShares, the leader in Liquid Alternative ETFs, strives to deliver innovative investment solutions for today’s investors, helping them navigate evolving market opportunities with confidence. VistaShares ETFs are actively managed by industry and investment experts, offering a number of distinct strategies. Supercycle® Growth Equity ETFs target technology-driven economic Supercycles® that we believe are poised for significant growth, while Target 15 ™option-income ETFs are designed
to generate high monthly income while complementing a core equity portfolio.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 875-2288 or visit www.VistaShares.com. Read the prospectus or summary prospectus carefully before investing.
  
Investing involves risk, including possible loss of principal.  

Important Information:

*Morningstar classifies funds into categories based on similar investment objectives and strategies. Morningstar percentile rankings are based on a fund’s total return compared to its Morningstar Category of exchange-traded and open-end mutual funds. The highest percentile rank is 1 and the lowest percentile rank is 100. For the trailing one-year period through 12/31/2025, the VistaShares
Artificial Intelligence Supercycle® ETF (AIS) ranked in the top 1% of 251 funds in the U.S. Fund – Technology category. The funds’ rankings may have been lower were it not for fee waivers in effect during the ranking period.

Rankings are relative to a peer group and do not necessarily mean the fund had high or positive total returns. Morningstar updates its fund rankings daily. Past performance does not guarantee future results.

General Risks

Equity Market Risk: Equity securities are subject to market fluctuations and may experience sudden or prolonged declines in value.
Index/Strategy Risk: Where applicable, a Fund’s investment strategy is tied to an underlying index or methodology that may not perform as intended. Changes to an index, delays in rebalancing, or flaws in methodology may adversely affect Fund performance.
Foreign Securities Risk: Investments in non-U.S. issuers involve additional risks, including political, regulatory, economic, and currency risks, and may experience greater volatility than U.S. investments.

New Fund Risk: Each Fund is recently launched and has a limited operating history.

Supercycle® ETFs
Artificial Intelligence Risk (AIS) AI companies face rapid technological change, significant R&D expenditures, intense competition, evolving regulation, intellectual property risks, and product obsolescence.
Technology Sector Risk: Technology companies are particularly sensitive to innovation cycles, competition, regulation, and market conditions.
Electrical Grid & Energy Infrastructure Risk (POW) Companies involved in grid modernization, transmission, storage, and electrification are subject to significant capital requirements, regulatory changes, technological disruption, and infrastructure investment risks.
Consumer Discretionary Sector Risk: Certain holdings may be affected by changes in consumer spending, interest rates, and overall economic conditions.
Defense Industry Risk (AMMO) Defense-related companies are affected by government spending priorities, procurement decisions, export controls, geopolitical events, cybersecurity threats, supply-chain disruptions, regulatory oversight, and technological change.
Space Industry Risk (GALX): Space-related companies face launch failures, mission delays, commercialization uncertainty, government contract dependence, evolving technologies, regulatory oversight, orbital debris, and space weather risks.
Robotics & Automation Risk (RTOO): Robotics and automation companies face rapid technological change, semiconductor shortages, AI evolution, cybersecurity risks, regulatory developments, supply-chain disruptions, and competitive pressures.

Foreside Fund Services, LLC, Distributor.