NEW YORK, June 27, 2017 /PRNewswire/ -- The special meeting of shareholders of Exchange Listed Funds Trust and its series Horizons S&P 500® Covered Call ETF (the "Existing Fund"), an exchange-traded index fund, has been adjourned in order to allow shareholders additional time to consider the approval of the Reorganization Agreement, which provides for: (i) the transfer of all of the assets and liabilities of the Existing Fund to a new series (the "New Fund") of Horizons ETFs Trust I, in exchange solely for shares of the New Fund, and (ii) the distribution of such New Fund shares pro rata to shareholders of the Existing Fund, which will be liquidated.
The shareholder meeting for the Exchange Listed Funds Trust and the Existing Fund will reconvene on June 28, 2017 at 11:00 a.m. EST at the offices of Thompson Hine LLP, 335 Madison Avenue, New York, New York 10017-4611.
In connection with the solicitation of proxies to approve the proposal described above, Exchange Listed Funds Trust and the Existing Fund have filed a proxy statement. Because the proxy statement contains important information, the shareholders are urged to read the proxy statement and accompanying materials carefully. The shareholders are also able to obtain copies of these documents by calling 1-800-817-5468. Representatives are available to answer your questions about the proxy material or about how to how to cast your vote.
The proxy statement is also available free of charge at the website of the Securities and Exchange Commission, www.sec.gov. The foregoing is not an offer to sell, nor a solicitation of an offer to buy, shares of the New or Existing Funds, nor is it a solicitation of any proxy.
You should consider the Existing Fund's investment objectives, risks, and charges and expenses carefully before investing. Contact Exchange Listed Funds Trust at 1-855-HZNETFS (1-855-496-3837) or visit http://us.horizonsetfs.com/ to obtain a prospectus which contains information about the Existing Fund. The prospectus should be read carefully before investing.
Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Existing Fund and tender those shares for redemption to the Existing Fund in Creation Unit aggregations only, consisting of 50,000 Shares. Investing in the Existing Fund involves risk, including possible loss of principal.
The Existing Fund's shares are distributed by Foreside Fund Services, LLC.
Exchange Traded Concepts, LLC is the advisor.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/exchange-listed-funds-trust---horizons-sp-500-covered-call-etf-hspx-announces-adjournment-of-special-shareholder-meeting-300480772.html
SOURCE Exchange Traded Concepts, LLC