On or about the Liquidation Date, the Fund will distribute proceeds of the liquidation pro rata to all remaining shareholders who have not previously redeemed or exchanged their shares. 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.
At the recommendation of TrimTabs Asset Management, LLC, the Fund's investment adviser, the Board of Trustees of the TrimTabs ETF Trust has determined that it is in the best interests of the Fund and its shareholders to liquidate and terminate the Fund as described above.
For more information, please contact the Fund at (212) 217-2514.
Investing involves risk including possible loss of principal. Investors should carefully consider the investment objectives, risks, and charges and expenses of the Fund before investing. This and other information can be found in the Fund's summary prospectus and prospectus, which can be found at www.trimtabsfunds.com. Please read the summary prospectus and prospectus carefully before investing. Distributor: Foreside Fund Services, LLC.
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SOURCE TrimTabs Asset Management