IPO - Tidal Trust II

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Form Type: 485BPOS

Filing Date: 2025-02-07

Corporate Action: Ipo

Type: New

Accession Number: 000199937125001333

Filing Summary: Tidal Trust II is filing a Post-Effective Amendment No. 309 to its Registration Statement to respond to SEC comments regarding the registration of the Defiance AI & Power Infrastructure ETF, marking it as a new series within the Trust. The ETF is designed to track the performance of the MarketVector US Listed AI and Power Infrastructure Index, which focuses on U.S. exchange-listed companies involved in critical electrical grid and artificial intelligence through decentralized energy technologies. The Fund will primarily invest in securities of companies meeting a significant revenue threshold from these sectors and will maintain a diversified portfolio across different market capitalizations. The document highlights the Fund's expense structure, management team, investment strategies, and principal risks associated with investing in the ETF, indicating an annual operating expense of 0.69%. The ETF will trade on The Nasdaq Stock Market and aims to leverage the growing demand for advanced infrastructure connected to AI technologies and the electrical grid. The prospectus made clear that the SEC has not approved or disapproved these securities, emphasizing that any misrepresentation could lead to criminal penalties.

Document Link: View Document

Additional details:

Investment Objective: The Fund seeks to track the performance, before fees and expenses, of the MarketVector US Listed AI and Power Infrastructure Index.

Annual Fund Operating Expenses: 0.69%

Management Fee: 0.69%

Total Annual Fund Operating Expenses: 0.69%

Principal Investment Strategies: The Fund uses a passive management approach to track the Index performance, generally investing in all components or a representative sampling of securities.

Risk Disclosures: The principal risks include equity market risk, sector and industry risk, operational risk, non-diversification risk, and market events risk.

Portfolios Managers: Qiao Duan, CFA and Ben McCaig are jointly responsible for day-to-day management.

Fund Classification: The Fund is classified as 'non-diversified' under the 1940 Act.

Proposed Effective Date: February 8, 2025

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