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ETFS Plans to close ZLRG, ZSML


News provided by

ETF Securities

Dec 01, 2016, 08:30 ET

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NEW YORK, Dec. 1, 2016 /PRNewswire/ -- ETF Securities plans to close and liquidate the following funds as part of an ongoing process to review the products made available to investors in order to concentrate its offering on products that experience sufficient investor demand:

Ticker

Fund Name

Commencement of
investment operations

ZLRG

ETFS Zacks Earnings Large-Cap U.S. Index Fund

01/20/2015

ZSML

ETFS Zacks Earnings Small-Cap U.S. Index Fund

01/20/2015

After the close of business on January 23, 2017, subject to applicable law, ETFS Trust will no longer accept creation and redemption requests in respect of shares of the above funds (the "Shares"). Trading in the Shares on NYSE Arca will be suspended prior to the market opening on January 24, 2017. Proceeds of the liquidation will be paid to the shareholders remaining in each fund on or about January 30, 2017.

When the fund commences liquidation of its portfolio securities, the fund may hold cash and securities that may not be consistent with the fund's investment objective and strategy. During this period the fund is likely to incur higher tracking error than is typical for the fund.

Shareholders may sell their Shares on NYSE Arca until the market close on January 23, 2017, and may incur typical transaction fees from their broker-dealer. At the time the liquidation of the funds is complete, Shares will be individually redeemed. For shareholders that still hold Shares as of January 30, 2017 Shares will automatically be redeemed for cash at the net asset value as of close of business which will reflect the costs of closing the fund. Shareholders will generally recognize a capital gain or loss on the redemptions. The funds may or may not pay one or more dividends or other distributions prior to or along with the redemption payments.

About ETF Securities

ETF Securities was founded on the principle of being a specialist ETP provider. We are a proven innovator in commodities, beginning in 2003 as the developer of the world's first gold ETP.* As the needs of investors evolved, we responded by broadening our product offering across multiple asset classes to become the global influencer we are today.

ETF Securities offers over 360 ETPs that trade on nine exchanges on four continents. We're building upon that same history of growth and diversity in the U.S. market, relying on innovation and unique partnerships to enable investors to intelligently diversify their portfolios.

*ETF Securities listed the world's first gold exchange-traded commodity in 2003.

For press inquiries on the fund closure please contact:

James Doyle
JConnelly
973-850-7308
[email protected]

For all other inquiries please contact:
Matt Collins, CFA, Director, Head of U.S. Product Operations
ETF Securities
212-918-4957
[email protected]

Important Information:

An investor should consider the investment objectives, risks, charges and expenses of the ETFs carefully before investing. To obtain a prospectus containing this and other important information, call 1-212-918-4954 or 844-ETFS-BUY or visit www.etfsecurities.com. Read the prospectus carefully before investing. To view the prospectus, please visit https://www.etfsecurities.com/etfsdocs/USProspectus.aspx.

There are risks associated with investing including possible loss of principal. The prices of the securities in which the Funds invest may decline for a number of reasons, including in response to economic developments and perceptions about the creditworthiness of individual issuers. The Funds do not attempt to outperform an Index or take defensive positions in declining markets. Past performance does not guarantee future results. There can be no assurance that the Funds' investment objective will be achieved. Please read the Funds' prospectus for specific details regarding the Funds' risk profile.

The Funds are not sponsored, endorsed, sold or promoted by Zacks Investment Research, Inc. ("Licensor"). Licensor makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in the Funds particularly or the ability of the Zacks Earnings Large-Cap U.S. Index or the ETFS Zacks Earnings Small-Cap U.S. Index Fund to track general market performance. Licensor's only relationship to ETF Securities Limited ("Licensee") is the licensing of the relevant Index that is determined, composed and calculated by Licensor without regard to the Licensee or the Fund. Licensor has no obligation to take the needs of the Licensee or the owners of the Fund into consideration in determining, composing or calculating the relevant Index. Licensor shall not be liable to any person for any error in the relevant Index nor shall it be under any obligation to advise any person of any error therein. Please read the Fund prospectus for specific details regarding a Fund's risk profile.

Diversification does not eliminate the risk of experiencing investment losses.

Investors buy and sell shares on a secondary market (i.e., not directly from the Trust). Only market makers or "authorized participants" may trade directly with the funds, typically in blocks of 50K to 100K shares.

Indices are unmanaged and one cannot invest directly in an index.

ALPS is not affiliated with ETF Securities or with Zacks Investment Research.

Matt Collins is a registered representative of ALPS Distributors, Inc.

ALPS Distributors, Inc. is the distributor for the ETFS Trust.

EFS000216   11/1/2017 

SOURCE ETF Securities

Related Links

http://www.etfsecurities.com

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