# EDGAR Filing Document

**Accession Number:** 0001644419
**File Stem:** 0001580642-26-002461
**Filing Date:** 2026-4
**Character Count:** 23345
**Document Hash:** 563f3fcd237507b513c31fbb39f6fe3b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-26-002461.hdr.sgml**: 20260413

**ACCESSION NUMBER**: 0001580642-26-002461

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20260413

**DATE AS OF CHANGE**: 20260413

**EFFECTIVENESS DATE**: 20260413

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Northern Lights Fund Trust IV
- **CENTRAL INDEX KEY:** 0001644419

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0916

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-204808
- **FILM NUMBER:** 26856854

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 402-895-1600

**MAIL ADDRESS:**
- **STREET 1:** 17605 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68154-1150

## Series and Classes Contracts Data

### National Security Emerging Markets Index ETF (Series ID: S000079901)

| Class ID   | Class Name                                   | Ticker Symbol   |
|:---|:---|:---|
| C000241373 | National Security Emerging Markets Index ETF | NSI             |

---

| | |
|:---|:---|
| ![](image_001.jpg) | **National Security Emerging Markets Index ETF**<br>|
| ![](image_001.jpg) | NSI<br>|
| ![](image_001.jpg) | *a series of Northern Lights Fund Trust IV*<br>|
| ![](image_001.jpg) | **SUMMARY PROSPECTUS** |
| ![](image_001.jpg) | **March 30, 2026** |

---

Before you invest, you may want to review the Fund's Prospectus, which contains more information about the Fund and its risks. The Fund's Prospectus and Statement of Additional Information, both dated March 30, 2026, are incorporated by reference into this Summary Prospectus. You can obtain these documents and other information about the Fund online at www.nationalsecurityindex.com. You can also obtain these documents at no cost by calling 1-833-906-5596 or by sending an email request to info@nationalsecurityindex.com. Shares of the Fund are listed and traded on NASDAQ, Inc. (the "Exchange").

**Investment Objective:** The National Security Emerging Markets Index ETF (the "Fund") seeks to track the results, before fees and expenses, of the Alerian National Security Emerging Markets Index (the "Index").

**Fees and Expenses of the Fund:** This table describes the fees and expenses that you may pay if you buy, hold and sell shares of the Fund. **You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table or example below**.

---

| | |
|:---|:---|
| **Annual Fund Operating Expenses**<br> (expenses that you pay each year<br> as a percentage of the value of your investment) | |
| Management Fees | 0.75% |
| Distribution and Service (12b-1) Fees |  |
| Other Expenses<sup>(1)</sup> | 0.00% |
| Total Annual Fund Operating Expenses | 0.75% |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Fund's
adviser, Tuttle Capital Management, LLC (the "Adviser"), has agreed to pay all expenses incurred by the Fund except for (i)
the advisory fee; (ii) any front-end or contingent deferred loads; (iii) brokerage fees and commissions; (iv) any Rule 12b-l fees; (v)
acquired fund fees and expenses; (vi) fees and expenses associated with investments in other collective investment vehicles or derivative
instruments (including for example option and swap fees and expenses); (vii) borrowing costs (such as interest and dividend expense on
securities sold short); (viii) taxes; and (ix) extraordinary expenses, such as litigation expenses (which may include indemnification
of Fund officers and Trustees, contractual indemnification of Fund service providers (other than the Adviser)).

***Example:*** This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in funds.

The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. Although your actual costs may be higher or lower, based upon these assumptions your costs would be:

---

| | | | |
|:---|:---|:---|:---|
| **<u>1 Year</u>** | **<u>3 Years</u>** | **<u>5 Years</u>** | **<u>10 Years</u>** |
| $77 | $240 | $417 | $930 |

---

***Portfolio Turnover:*** The Fund pays transaction costs, such as commissions, when it buys and sells securities<br> (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Fund's performance. During the fiscal year ended November 30, 2025, the Fund's portfolio turnover rate was 37% of the average value of its portfolio.

**Principal Investment Strategies:** The Fund invests at least 80% of its total assets in component securities of the Index. The Index consists of stocks listed on globally recognized stock exchanges that excludes companies benefiting end-users that, in the view of the Fund's sponsor, National Security Index, LLC (the "Sponsor"), pose a threat to the national security interests of the United States.

The Index is a rules-based index. The eligible universe for the Index includes: (i) all constituent securities of the S-Network Emerging Markets Liquid 500 Index (comprised of the 500 largest emerging market stocks) plus (ii) constituent securities of the S-Network Developed International Equity 1000 Index from South Korea and Taiwan, each of which are exchange-listed securities. The Index is constituted by first excluding securities of companies from the eligible universe that fall into any of the following nine categories: (1) companies subject to a U.S. government sanctions program; (2) defense contractors or suppliers of U.S. Munitions List (a.k.a. military) items in a country of concern (i.e., China and Russia); (3) companies in a country of concern that provide Commerce Control List (a.k.a. dual-use) items to a military end-user, or that are involved in a military-civil fusion program; (4) companies that engage in state-sponsored influence operations targeted against the U.S. or its allies; (5) companies that are a strategic threat to U.S. interests; (6) companies that are a cybersecurity threat to the U.S. or its allies; (7) companies that are an espionage threat to the U.S. or its allies; (8) human rights violators; and (9) operators in disputed areas of the South China Sea or East China Sea. The Index is then weighted after securities of the companies in the aforementioned categories are eliminated according to free float-adjusted market capitalization.

Sector weights of the Index are set to match the sector weights of the S-Network Emerging Markets Liquid 500 Index. The Index has constituent companies from a variety of sectors such as financials, technology and consumer discretionary. From time to time, the Fund may invest a higher percentage of its assets in certain sectors as compared to other sectors depending on the sector weights of the S-Network Emerging Markets Liquid 500 Index.

The Index is reconstituted semiannually, in June and December, and rebalanced quarterly. As of November 30, 2025, the market capitalization of the Index was $9,656 billion. The Index's capitalization range may change over time.

The Index is calculated and sponsored by VettaFi, LLC (the "Index Provider"), which is an organization that is independent of the Fund and the Adviser. The Index Provider was created in May 2022 as a collective of industry veterans and data scientists from ETF Trends, ETF Database, Alerian and S-Network Global Indexes. The Index Provider offers indexing and digital distribution solutions to asset managers. The Sponsor and Index Provider jointly developed the Index's methodology and the Sponsor contributes certain data used in the Index's methodology. The Index Provider determines the relative weightings of the securities in the Index and publishes information regarding the market value of the Index. The Index Provider maintains the Index and is responsible for implementing any adjustments, additions and deletions to the Index based on the index methodology and certain corporate actions, such as initial public offerings, mergers, acquisitions, bankruptcies, suspensions, de-listings, tender offers and spin-offs. The Index is calculated and published by the Index Provider.

The Fund employs a "passive" or indexing approach to try to track the performance of the Index. The Adviser generally uses a replication methodology, meaning it will invest in all of the securities, or representative depository receipts, comprising the Index in proportion to their respective weightings in the Index. However, the Fund may utilize a representative sampling strategy with respect to the Index when a replication strategy might be detrimental or disadvantageous to shareholders, such as when there are practical difficulties or substantial costs involved in compiling a portfolio of equity securities to replicate the Index, in instances in which a security in the Index becomes temporarily illiquid, unavailable or less liquid, or as a result of legal restrictions or limitations (such as tax diversification requirements) that apply to the Fund but not the underlying Index.

**Principal Investment Risks:** *As with all funds, there is the risk that you could lose money through your investment in the Fund. Many factors affect the Fund's net asset value ("NAV") and performance.*

The following describes the risks the Fund bears with respect to its investments. As with any fund, there is no guarantee that the Fund will achieve its goal.

 

*Authorized Participant Risk:* Only an Authorized Participant may engage in creation or redemption transactions directly with the Fund. The Fund has a limited number of institutions that may act as Authorized Participants on an agency basis (*i.e.,* on behalf of other market participants). To the extent that Authorized Participants exit the business or are unable to proceed with creation or redemption orders with respect to the Fund and no other Authorized Participant is able to step forward to create or redeem Creation Units, Fund shares may be more likely to trade at a premium or discount to NAV and possibly face trading halts or delisting. Authorized Participant concentration risk may be heightened for exchange traded funds ("ETFs") that invest in non-U.S. securities or other securities or instruments that have lower trading volumes.

*Currency Exchange Rate Risk:* To the extent the Fund invests in securities denominated in non-U.S. currencies, changes in currency exchange rates and the relative value of non-U.S. currencies will affect the value of the Fund's investment and the value of your shares. Because the Fund's NAV is determined in U.S. dollars, the Fund's NAV could decline if the currency of the non-U.S. market in which the Fund invests depreciates against the U.S. dollar, even if the value of the Fund's holdings, measured in the foreign currency, increases.

*Early Close/Trading Halt Risk:* An exchange or market may close or impose a market trading halt or issue trading halts on specific securities, or the ability to buy or sell certain securities or financial instruments may be restricted, which may prevent the Fund from buying or selling certain securities or financial instruments. In these circumstances, the Fund may be unable to rebalance its portfolio, may be unable to accurately price its investments and may incur substantial trading losses.

 

*Emerging Markets Risk:* Investing in emerging markets involves not only the risks described below with respect to investing in foreign securities, but also other risks, including exposure to economic structures that are generally less diverse and mature, and to political systems that can be expected to have less stability, than those of developed countries. The typically small size of the markets of securities of issuers located in emerging markets and the possibility of a low or nonexistent volume of trading in those securities may also result in a lack of liquidity and in price volatility of those securities.

 

*Equity Securities Risk:* Fluctuations in the value of equity securities held by the Fund will cause the NAV of the Fund and the price of its shares ("Shares") to fluctuate. Common stock of an issuer in the Fund's portfolio may decline in price if the issuer fails to make anticipated dividend payments. Common stock will be subject to greater dividend risk than preferred stocks or debt instruments of the same issuer. In addition, common stocks have experienced significantly more volatility in returns than other asset classes.

 

*ETF Structure Risk:* The Fund is structured as an ETF and, as a result, is subject to special risks, including:

&nbsp;&nbsp;&nbsp;&nbsp;· *Not Individually Redeemable* *:* Shares are not individually redeemable to retail investors and may be redeemed
only by Authorized Participants at NAV in large blocks known as "Creation
Units." An Authorized Participant may incur brokerage costs purchasing enough Shares to constitute
a Creation Unit.

&nbsp;&nbsp;&nbsp;&nbsp;· *Trading Issues* *:* An active trading market for Shares may not be developed or maintained. Trading
in Shares on the Exchange may be halted due to market conditions or for reasons that, in the view of the Exchange, make trading in Shares
inadvisable, such as extraordinary market volatility.

&nbsp;&nbsp;&nbsp;&nbsp;· *Market Price Variance Risk* *:* The market prices of Shares will fluctuate in response to changes in NAV and
supply and demand for Shares and will include a "bid-ask spread" charged by the exchange specialists, market makers or other
participants that trade the particular security.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;o The market price of Shares may deviate from an ETF's NAV, particularly
during times of market stress, with the result that investors may pay significantly more or significantly less for Shares than an ETF's
NAV, which is reflected in the bid and ask price for Shares or in the closing price.

*Foreign Securities Risk:* Foreign companies are generally not subject to the same regulatory requirements of U.S. companies, thereby resulting in less publicly available information about these companies. In addition, foreign accounting, auditing and financial reporting standards generally differ from those applicable to U.S. companies.

*Depository Receipt Risk:* Depositary receipts are generally subject to the same sort of risks as direct investments in a foreign country, such as currency risk, political and economic risk, and market risk, because their values depend on the performance of a foreign security denominated in its home currency.

 

*Investment Style Risk:* There is a possibility that the market segment in which the Fund is primarily invested, whether growth or value; large or mid-cap companies; could underperform other kinds of investments or market averages that include style-focused investments.

*Issuer Risk:* The performance of the Fund depends on the performance of individual securities to which the Fund has exposure. Changes in the financial condition or credit rating of an issuer of those securities may cause the value of the securities to decline.

 

*Market and Geopolitical Risk:* The increasing interconnectivity between global economies and financial markets increases the likelihood that events or conditions in one region or financial market may adversely impact issuers in a different country, region or financial market. Securities in the Fund's portfolio may underperform due to inflation (or expectations for inflation), interest rates, global demand for particular products or resources, natural disasters, climate change and climate-related events, pandemics, epidemics, terrorism, international conflicts, tariffs and trade wars, regulatory events and governmental or quasi-governmental actions. The occurrence of global events similar to those in recent years may result in market volatility and may have long term effects on both the U.S. and global financial markets.

*Passive Investment Risk:* The Fund is not actively managed and the Adviser will not sell shares of an equity security due to current or projected underperformance of a security, industry or sector, unless that security is removed from the Index or the selling of shares of that security is otherwise required upon a rebalancing of the Index as addressed in the Index methodology.

 

*Sampling Risk:* If used, the Fund's representative sampling approach could result in it holding a smaller number of securities than are in the Index. As a result, an adverse development with an issuer of securities held by the Fund could result in a greater decline in NAV than would be the case if the Fund held all of the securities in the Index. To the extent the assets in the Fund are smaller, these risks will be greater.

 

*Sector Exposure Risk:* The Fund may focus its investments in securities of a particular sector to the extent the Index does. Economic, legislative or regulatory developments may occur that significantly affect the sector. This may cause the Fund's NAV to fluctuate more than that of a fund that does not focus in a particular sector.

&nbsp;&nbsp;&nbsp;&nbsp;· *Technology Sector Risk.* The Fund may be more susceptible to the particular
risks that affect companies in the technology sector than if it were invested in a wider variety of companies in unrelated sectors. Companies
in the technology sector are subject to certain risks, including the risk that new services, equipment or technologies will not be accepted
by consumers and businesses or will become rapidly obsolete.

&nbsp;&nbsp;&nbsp;&nbsp;· *Financial Sector Risk.* The Fund may invest a certain amount of its
assets in the financial sector. The operations and businesses of financial services companies are subject to extensive governmental regulation,
the availability and cost of capital funds, and interest rate changes. General market downturns may affect financial services companies
adversely.

*Small and Medium Capitalization Risk:* The stocks of small and medium capitalization companies involve substantial risk. These companies may have limited product lines, markets or financial resources, and they may be dependent on a limited management group. Stocks of these companies may be subject to more abrupt or erratic market movements than those of larger, more established companies or the market averages in general.

 

*Tracking Error Risk:* Tracking error is the divergence of the Fund's performance from that of the Index. Tracking error may occur because of imperfect correlation between the Fund's holdings of portfolio securities and those in the Index, pricing differences, the Fund's holding of cash, differences on timing of the accrual of dividends, changes to the Index or the need to meet various regulatory requirements. This risk may be heightened during times of increased market volatility or other unusual market conditions. Tracking error also may result because the Fund incurs fees and expenses, while the Index does not.

**Performance:** The bar chart and performance table below show the variability of the Fund's returns, which is some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing the Fund's one year and since inception performance compared with those of a broad measure of market performance. The bar chart shows performance of the Fund's shares for each calendar year since the Fund's inception. The performance table compares the performance of the Fund over time to the performance of a broad-based securities market index and a supplemental index. You should be aware that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at no cost by visiting www.nationalsecurityindex.com or by calling 833-906-5569.

**Performance Bar Chart For Calendar Year Ended December 31**

![](image_002.jpg)

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| | |
|:---|:---|
| Best Quarter: | 14.00% |
| Worst Quarter: 4<sup>th</sup> Quarter 2024 | (8.42)% |

---

**Performance Table<br> Average Annual Total Returns<br> (For periods ended December 31, 2025)**

---

| | | |
|:---|:---|:---|
| | **One Year** | **Since<br> Inception<br> (12/6/2023)** |
| Return before taxes | 35.50% | 18.04% |
| Return after taxes on distributions | 34.93% | 17.05% |
| Return after taxes on distributions and sale of Fund shares | 21.38% | 13.65% |
| Alerian National Security Emerging Markets Index | 37.25% | 21.24% |
| MSCI Emerging Markets Index\* | 33.57% | 22.06% |

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**\*** The MSCI Emerging Markets Index captures large and mid cap representation across emerging markets countries and covers approximately 85% of the free float-adjusted market capitalization in each country. Investors cannot invest directly in an index. Unlike the Fund's returns, the index does not reflect any fees or expenses.

**Investment Adviser:** Tuttle Capital Management, LLC.

**Portfolio Manager:** Matthew Tuttle, Managing Director and Portfolio Manager of the Adviser, has served as the portfolio manager of the Fund since its inception in December 2023 and is primarily responsible for the day-to-day management of the Fund's portfolio.

**Purchase and Sale of Fund Shares:** Individual Shares of the Fund may be purchased and sold in secondary market transactions through a broker dealer or at market price. Shares are listed for trading on the Exchange and trade at market prices rather than NAV. Shares may trade at a price that is greater than, at, or less than NAV. An investor may incur costs attributable to the difference between the highest price a buyer is willing to pay to purchase shares of the Fund (bid) and the lowest price a seller is willing to accept for shares of the Fund (ask) when buying or selling shares in the second market (the "bid-ask spread"). Information on the Fund's NAV, market price, premiums and discounts and bid-ask spreads is available on the Fund's website at www.nationalsecurityindex.com.

**Tax Information:** The Fund's distributions generally will be taxable as ordinary income or long-term capital gains. A sale of Shares may result in capital gain or loss.

**Payments to Broker-Dealers and Other Financial Intermediaries:** If you purchase the Fund through a broker-dealer or other financial intermediary (such as a bank), the Adviser or its related companies may pay the intermediary for the sale of Shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the Fund over another investment. Ask your salesperson or visit your financial intermediary's website for more information.