The Fund seeks investment results that correspond generally, before fees and expenses, to the performance of its underlying index, the VelocityShares Tail Risk Hedged Large Cap Index.
An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 1-877-583-5624 or click here. Read the prospectus carefully before you invest. Past performance does not guarantee future results.
RISKS: There are risks involved with investing, including possible loss of principal. Please see the relevant prospectus for a discussion of risks. The funds have limited operating history.
For the Velocityshares Emerging Markets Depository Receipts ETF, the VelocityShares Emerging Asia Depository Receipts ETF, the VelocityShares Russian Select DR ETF (together, the "DR ETFs"): Investing in the DR ETFs involves foreign investment risks, including political and economic risk, depositary receipt risks, equity risks, sector risks and non-correlation risks. DR ETFs focusing on a single country, sector and/or funds that emphasize investments in smaller companies may experience greater price volatility. Investments in emerging markets include additional risks. Due to the investment strategy of the ETFs they may make higher capital gain distributions than other DR ETFs. DR ETFs are subject to risk similar to those of stocks including those regarding short selling and margin account maintenance. Investments in depositary receipts may be less liquid than the underlying shares in their primary trading market and may negatively affect the Fund's ability to replicate the performance of the Underlying Index. Index returns do not represent fund returns.
Investing in the VelocityShares Volatility Hedged Large Cap ETFs and the VelocityShares Tail Risk Hedged ETFs (together the "Hedged ETFs") involves fund of funds risk, underlying the Hedged ETFs risk, market risk, stock market risk, equity investing risk, investment style risk, swap risk, compounding risk, non-correlation risk, non-diversified fund risk, risk of leveraged and inverse investment, liquidity risk, and cash redemption risk. The Hedged ETFs are subject to risks similar to those of stocks including those regarding short selling and margin account maintenance. Index returns do not represent fund returns.
Investing in the VelocityShares Equal Risk Weighted Large Cap ETF (the "ERW ETF") involves risks related to strategy, volatility as a measure of risk, index methodology limitations, concentration risk, performance risk, rebalancing frequency limitations, fixed algorithmic model parameters, and optimization model precision. There is no guarantee that the methodology employed by the ERW ETF will maximize returns or minimize risk. Neither the ERW ETF nor ETC, the Adviser, can offer assurances that tracking the Index will maximize returns or minimize risk, or be appropriate for every investor seeking a particular risk profile. Index returns do not represent fund returns.
The funds are not insured by the FDIC; are not guaranteed bank deposits; and are subject to investment risks, including the possible loss of principal. Ordinary brokerage commissions apply.
Shares are not individually redeemable. Investors buy and sell shares of the DR ETFs, the Hedged ETFs, and the ERW ETF on a secondary market. Only Authorized Participants may trade directly with the ETFs, typically in blocks of 50,000 shares.
ALPS Advisors, Inc.("ALPS Advisors") is the investment adviser to the DR ETFs and the Hedged ETFs. ALPS Portfolio Solutions Distributor, Inc. (“ALPS Distributors”) is the distributor of the DR ETFs and the Hedged ETFs. ALPS Advisors and ALPS Distributors are not affiliated with ETC, SIDCO, BNY Mellon or VelocityShares.
Exchange Traded Concepts, LLC ("ETC") serves as the investment advisor to the ERW ETF. The ERW ETF is distributed by SEI Investments Distribution Co. ("SIDCO"), which is not affiliated with ETC or any of its affiliates. Neither ETC or SIDCO are affiliated with ALPS Advisors, ALPS Distributors, BNY Mellon or VelocityShares.
BNY Mellon is a corporate brand of The Bank of New York Mellon Corporation and may be used as a generic term to reference the corporation as a whole or its various subsidiaries. BNY Mellon and BNY Mellon ADR Index are service marks owned by The Bank of New York Mellon Corporation. This information is provided for or can general purposes only and is not investment advice. BNY Mellon provides no advice nor recommendations or endorsement with respect to any company, security or products based on any index licensed by BNY Mellon. BNY Mellon does not guarantee the accuracy, timeliness and/or completeness of BNY Mellon ADR Index, or any associated indices, or any data included therein, and BNY Mellon shall have no liability for any errors, omissions, or interruptions therein. BNY Mellon makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to BNY Mellon ADR Index or any associated indices, or any data included therein, or any materials derived from such data. BNY Mellon does not undertake any obligation to update or amend this information or data. Without limiting any of the foregoing, in no event shall BNY Mellon have any liability for any special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
"VelocityShares" and the VelocityShares logo are trademarks of VelocityShares Index & Calculation Services, a division of VelocityShares, LLC.
This site is for informational purposes only. Neither VelocityShares Index & Calculation Services, VelocityShares, LLC (together, "VelocityShares") nor any other party makes any representation or warranty, express or implied, to the owners of any securities which may be linked, or which may be valued with reference to, any VelocityShares index, or members of the public regarding the advisability of investing in such securities generally or the similarities or variations between the performance of the index and the performance of such underlying securities.
VelocityShares is the licensor of certain trademarks, service marks and trade names of VelocityShares LLC and of certain Indices, which are determined, composed and calculated by VelocityShares without regard to the issuer of the any securities which may be linked to such indices. Neither VelocityShares nor any other party guarantees the accuracy and/or the completeness of the indices or any date included therein. VelocityShares disclaims all warranties of merchantability or fitness for any particular purpose with respect to the indices or any data included therein.
Nothing herein constitutes a solicitation, offer or recommendation by VelocityShares or its affiliates to buy or sell securities. VelocityShares does not render investment, tax, accounting or legal advice. Investors should review the prospectus for each security and make their own investment decisions based on their specific investment objectives and financial position and after consulting independent tax, accounting, legal and financial advisors.