Robert E Emrich Iii

Acruence Capital, LLC ("Acruence") | Investment-Related | 539 W. Commerce St. #3770, Dallas, TX 75208 | SEC-registered investment advisory firm |Managing Partner | Acruence provides investment advisory services to private fund and institutional clients; including sub-advisory and outsourced-CIO services to other investment advisory firms. Mr. Emrich is an investment adviser representative with Acruence; in this capacity, he provides investment advisory services to Acruence clients. He serves as an outsourced Chief Investment Officer ("CIO") to certain investment advisory firm clients, including Lake Point Wealth Management, LLC ("LPWM"), pursuant to an agreement between Acruence and the client. | Mr. Emrich founded Acruence in January 2020. | He devotes approximately 80 trading hours per month to Acruence business, including work down in his capacity as outsourced-CIO for LPWM. Mr. Emrich is responsible for designing and implementing an overall investment strategy for each LPWM client, which may include the selection of an appropriate investment model for the client, based on their financial circumstance, goals, and risk tolerance. He leads a team of investment professionals that perform the work necessary to provide ongoing asset management services to client. Mr. Emrich is a member of the Investment Committee, which convenes regularly to review prospective investments and approve (or deny) proposed changes to investment model portfolios and/or strategies. Sub-Adviser to Acruence Active Hedge U.S. Equity ETF (XVOL) | Investment-Related | c/o Toroso Investments, LLC, 898 N. Broadway, Suite 2, Massapequa, NY 11758 | Acruence created XVOL (also referred to as the "Fund") to provide U.S. investors with an ETF that implements a specific hedging strategy that cannot be as efficiently or effectively implemented using other available securities or derivatives. XVOL is offered broadly to investors and is not limited to Acruence clients. XVOL has an independent Board of Trustees and a separate primary investment adviser - Toroso Investments, LLC ("Toroso") - that provides services to the Fund. Additionally, Tidal ETF Services, LLC ("Tidal") provides certain consulting and administrative support services to the Fund. | Acruence has been retained by Toroso to serve as a sub-adviser to XVOL. Subject to the oversight of the Board of Trustees and Toroso, Acruence will be responsible for the day-to-day management of the Fund, including determining the securities purchased and sold by the Fund. | Acruence launched XVOL on April 22, 2021. | Mr. Emrich devotes approximately 20 trading hours per month to providing sub-advisory services to XVOL. | He is one of four Portfolio Managers of XVOL. In this role, and in his capacity as the Managing Partner of Acruence, Mr. Emrich will be responsible for the day-to-day management of the Fund's portfolio investments and, consequently, for managing the associated risks. Castleview Partners, LP ("CP") | Investment-Related | 8111 Preston Road, Suite 500, Dallas, TX 75225 | SEC-registered investment advisory firm | Managing Director, Senior Portfolio Manager | Mr. Emrich is an investment adviser representative with CP; in this capacity, he provides investment advisory services to CP clients. | Mr. Emrich has been with CP since June 2017. | He devotes approximately 40 trading hours per month to CP business. | Mr. Emrich provides asset management and similar services to CP clients; including creating, monitoring, and updating investment models and/or tailored client portfolios.