Fund Description: FormulaFolios Tactical Growth ETF is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the Northern Lights Fund Trust IV, an open-end investment management company. INVESTMENT OBJECTIVE: The FormulaFolios Tactical Growth ETF seeks long-term total return. The Fund is an actively managed ETF and thus does not seek to replicate the performance of a specified index. Rather, the Adviser has discretion on a daily basis to actively manage the Fund’s portfolio in accordance with the Fund’s investment objective. FUND STRATEGY: The Fund seeks to achieve its investment objective by investing primarily in foreign and domestic growth-oriented equity securities of any market capitalization, domestic investment grade fixed income securities (bonds) of any maturity or duration, domestic real estate investment trusts (REITs), and commodities (gold) securities through unaffiliated ETFs. The adviser uses its proprietary investment model to rank 5 major asset classes based on the strongest price momentum, which measures the rate of the rise or fall in stock prices. The three highest-ranked asset classes are allocated to the portfolio with equal weightings, while the two lowest ranked asset classes are left out of the portfolio. In addition, if an asset class is not displaying positive momentum, it is not included in the portfolio. To represent the asset classes, the adviser generally invests in one low-cost, index-tracking ETF for each represented asset class. The process is repeated monthly. The Fund may invest heavily in short-term treasury bonds until more asset classes become favorable for investing. FUND MANAGEMENT: FormulaFolio Investments, LLC serves as the Adviser to the Fund.