Audio Commentary by Tim Seymour

Market and Economic Update - Potential Impacts of Lower Interest Rates

Firm earns four With Intelligence award nominations

Firm earns four With Intelligence award nominations

Digital Assets Monthly

Equities ended December with a steady advance, closing out the year on firm footing. The S&P 500 gained ground despite a lighter economic calendar, as markets worked through typical year‑end positioning and continued signs of disinflation. The Federal Reserve maintained its data‑dependent posture, emphasizing flexibility rather than committing to near‑term policy shifts. Trading was uneven early in the month around the Federal Open Market Committee communications, but risk appetite improved into the final weeks. Leadership was concentrated in Technology, Industrials, and select artificial intelligence‑linked names. Treasury yields moved modestly lower as inflation expectations eased and the growth outlook remained stable. Looking ahead to 2026, resilient corporate earnings trends and moderating price pressures provide a constructive backdrop. Even so, investors remain sensitive to the trajectory of monetary policy and the pace of economic normalization in the coming year.

Audio Commentary by Tim Seymour

The Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) seeks long-term capital appreciation by investing primarily in assets of U.S.-listed equity securities of natural gas companies. USNG is actively managed using the GARP (growth at a reasonable price) method to select companies believed to benefit from the U.S. natural gas infrastructure ecosystem across upstream, midstream, and downstream segments.

The Amplify Samsung SOFR ETF (SOFR) is an actively managed strategy aimed to provide current monthly income. SOFR ETF seeks to closely replicate the performance of the Secured Overnight Financing Rate, as published by the Federal Reserve Bank of New York.1

The Amplify TLT U.S. Treasury 12% Option Income ETF (TLTP) seeks investment results that generally correspond to the performance (before fees and expenses) of the Bloomberg U.S. Treasury 20+ Year 12% Premium Covered Call 2.0 Index. TLTP provides convenient single ticker access to a weekly covered call strategy offering opportunities for a higher level of income and capital appreciation on the shares not covered by calls.