On or about September 19, 2016, the Fund will be liquidating its portfolio assets. This will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the Fund's prospectus.
On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all remaining shareholders. These distributions are taxable events. In addition, these payments to shareholders will include accrued capital gains and dividends, if any. As calculated on the Liquidation Date, the Fund's net asset value will reflect the costs of closing the Fund. Once the distributions are complete, the Fund will terminate.
For additional information, please call (844)-55-CROWD or visit http://crowdinvestetfs.com
Carefully consider the Fund's investment objective, risk factors, charges, and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by calling (844)-55-CROWD, or by visiting http://crowdinvestetfs.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal.
The Fund is distributed by SEI Distribution, Inc. ("SIDCO"), which is not affiliated with ETC or any of its affiliates. ETC, Vident and SIDCO are not affiliated with CrowdInvest, LLC.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/exchange-traded-concepts-to-close-and-liquidate-the-crowdinvest-wisdom-etf-300329662.html
SOURCE Exchange Traded Concepts Trust