Fund Description: Amplify Transformational Data Sharing ETF is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the Amplify ETF Trust, an open-end investment management company. INVESTMENT OBJECTIVE: The Amplify Transformational Data Sharing ETF seeks to provide investors with total return. The Fund is an actively managed ETF and thus does not seek to replicate the performance of a specific index. Rather, the Sub-Advisers have discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. FUND STRATEGY: The Fund to reach its investment objective invests at least 80% of its net assets (including investment borrowings) in the equity securities of companies actively involved in the development and utilization of transformational data sharing technologies. The Fund may invest in non-U.S. equity securities, including depositary receipts. The transformational data sharing technology companies will primarily include, but are not limited to, those developing or utilizing blockchain-based and other distributed ledger technologies. The blockchain is a peer-to-peer shared, distributed ledger that facilitates the process of recording transactions and tracking assets in a business network. It derives its name from the way it stores transaction data in blocks that are linked together to form a chain. As the number of transactions grow, so does the blockchain. Blocks record and confirm the time and sequence of transactions, which are then logged into the blockchain, within a discrete network governed by rules agreed on by the network participants. Although initially associated with digital commodities, it can be used to track tangible, intangible and digital assets and companies in all business sectors. Blockchains may also be private or public. The distinction between public and private blockchains is related to who is allowed to participate in the network, execute the consensus protocol and maintain the shared ledger. A public blockchain network is completely open and anyone can join and participate in the network. A private blockchain network requires an invitation and must be validated by either the network starter or by a set of rules put in place by the network starter. The Fund’s advisers will further review certain criteria and the constituent companies and classify the companies into two groups: Core companies and Secondary companies. The Sub-Advisers believe that an active management approach will enable the Fund to remain flexible and identify companies that are best positioned to profit from the developing transformational data sharing technology space and will actively seek opportunities for the Fund to invest in new and emerging transformational data sharing technology companies meeting the Fund’s eligibility criteria. FUND MANAGEMENT: Amplify Investments LLC serves as the Adviser to the Fund. Toroso Investments, LLC and CSAT Investment Advisory, L.P., d/b/a Exponential ETFs serve as the investment sub-advisers to the Fund. Toroso manages the investment strategy and portfolio selection. Exponential constructs and implements Toroso’s trade decisions.