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      Source EURO STOXX 50 ETF to Close and Liquidate


      News provided by

      Exchange Traded Concepts, LLC

      Mar 26, 2015, 06:30 ET

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      NEW YORK, March 26, 2015 /PRNewswire/ -- The Board of Trustees of the Source ETF Trust has decided to close and liquidate the Source EURO STOXX 50 ETF (NYSE: ESTX), which is managed and marketed by Source Exchange Traded Investments, LLC.

      The last day of trading of the Fund's shares on the NYSE Arca will be April 10, 2015. Shareholders may sell Fund shares through a broker in the standard manner through this date. Customary brokerage charges may apply to such transactions. The Fund will be closed to new investors as of April 10, 2015. Between April 10, 2015 and April 17, 2015, the Fund will be in the process of 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 prospectus.

      Shareholders remaining in the Fund on April 10, 2015 will have their shares redeemed automatically and will receive cash in an amount equal to the net asset value of their shares as of the close of business on April 17, 2015. This amount includes any accrued capital gains and dividends. Shareholders remaining in the Fund on April 10, 2015 will not be charged any transaction fees by the Fund.

      Whether shares are sold or are automatically redeemed, they will generally recognize a capital gain (or loss) equal to the amount received for shares above (or below) or adjusted cost basis in such shares.

      Earlier this year, on 12 January 2015, Source Exchange Traded Investments LLC, along with Source ETF Trust and Fund Source (US) LLC, filed an application for exemptive relief in relation to managing passive funds.

      For additional information, please call (844) 376-8723 or visit www.sourceetf.com.

      Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling (844) 376-8723, or by visiting www.sourceetf.com. Read the prospectus carefully before investing.

      This information is not an offer to sell or a solicitation of an offer to buy shares of any Fund to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

      Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, narrowly focused investments typically exhibit higher volatility.

      The Source EURO STOXX 50 ETF is distributed by Fund Source (US), LLC.

      SOURCE Exchange Traded Concepts, LLC

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