Acacia Asset Management LLC

Acacia Asset Management LLC is a registered investment adviser with the SEC, established on October 24, 2013, focusing on investing in U.S. Treasury and Agency securities. The firm manages $100 million of assets as of December 31, 2018. Acacia provides advisory services to a private funding vehicle and plans to manage a series of actively managed exchange-traded funds. Clients of the firm have no investment minimum for the private funding vehicle. Acacia does not charge a fee for managing the Incubator Fund but may charge fees if agreed upon in advance. The firm does not receive performance-based fees and acts as a fiduciary, disclosing all material conflicts of interest. Acacia's investment strategies aim to preserve capital by managing risks such as credit risk and interest rate risk. The firm has a Code of Ethics to address conflicts of interest and requires employees to act in clients' best interests. Acacia has discretion over client accounts and retains proxy voting authority. The firm does not compensate for client referrals and holds client assets with unaffiliated broker-dealers or banks. Acacia's financial information indicates a stable financial condition.