KDRN ETF Opportunities Trust

The fund seeks to achieve its investment objective by investing in a combination of exchange-traded funds ("ETFs") focusing on fixed-income investments ( "underlying bond funds") and futures contracts on 10-yearU. S.

Treasury notes ("10-Year Treasury Futures").

It may invest in underlying bond funds that provide exposure toU. S. and international fixed-income securities, including emerging markets securities, of any maturity or duration.