Terms of Use

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY.  BY ACCESSING THIS SITE AND ANY PAGES IN IT, YOU AGREE TO BE BOUND BY THESE TERMS AND CONDITIONS.  IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS, DO NOT ACCESS, VIEW OR USE THIS SITE OR ANY INFORMATION CONTAINED HEREIN.

General Information
Notice Regarding Non US Persons and Persons Residing in Other Jurisdictions
Disclaimer of Warranty and Limitation of Liability
Copyrights and Trademarks
Electronic Links
Electronic Communications
Choice of Law

General Information

VelocityShares® is a trade name used by VLS Securities, LLC, a registered U.S. broker-dealer, in connection with the services and products described herein.  VLS Securities LLC is a wholly owned subsidiary of VelocityShares LLC.

This site has been designed for informational purposes only and is subject to change without notice.  Nothing contained herein constitutes a solicitation, offer or recommendation by VelocityShares or its affiliates to buy or sell any securities or other financial instruments or provide any investment advice or service.  Neither VelocityShares nor any of its affiliates intend to provide investment advice through this site and they make no representation that any described securities or services are suitable for any investor.  VelocityShares does not render investment, tax, accounting or legal advice, and nothing contained in this site should be construed as such.  In considering an investment in any VelocityShares product, an investor should review the prospectus for the particular offering and discuss the security with legal, tax and financial advisors before taking any action. VelocityShares will receive a fee from the issuers of the products discussed on this site based on the quantity of products outstanding.

Investments in securities discussed herein are not suitable for all investors.  Investors must make their own investment decisions based on their specific investments objectives and financial position and using such independent advisors as they believe necessary.  Past performance is not necessarily a guide to future performance.  The price or value of the investments, to which this site relates, either directly or indirectly, may fall or rise against the interest of investors.  Users of this site agree that the information contained herein will not be the primary basis of any investment decision.

Notice Regarding Non US Persons and Persons Residing in Other Jurisdictions
This site is published in the United States for residents of the United States.  The site is not intended for use by, or to provide information to, persons outside the United States and such persons should not rely on the information contained in the site.  The information provided on this website is not intended for distribution to, or use by, any person or entity outside the United States or in any jurisdiction where such distribution or use would be contrary to law or regulation or which would subject the distributors of this product or their affiliates to any registration requirement within such jurisdiction.

The information on this site shall not be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offering or solicitation would be unlawful under the securities laws of such jurisdiction. VLS Securities, LLC, a registered broker-dealer, will only transact business in states in which it is registered, unless it is otherwise excluded or exempted from being registered in such state. The information on this site shall not be considered a solicitation to buy or an offer to sell a security to any person in any state in which VLS Securities is not properly registered or otherwise exempted or exclude from such registration requirement.

Disclaimer of Warranty and Limitation of Liability
The information on this site is provided “as is.”  VelocityShares does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims to the fullest extent of the law any and all liability relating to these materials, including, without limitation, any express or implied representations or warranties for statements or errors contained in, and omission from, these materials, and all implied or express warranties, including, but not limited to, implied warranties of merchantability or fitness for a particular purpose.  Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, VelocityShares cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you.  VelocityShares does not undertake to advise you of changes in information or other materials contained herein.
VelocityShares shall not be liable for any direct or indirect, special, incidental or consequential damages, including but not limited to lost profits, trading or other losses, expenses and damages that result from inconvenience, delay or loss of use of this site, arising in connection with use of this site or the products and services available on or through this site, even if VelocityShares or its representatives are advised of the possibility of such damages or losses.

ALTHOUGH VELOCITYSHARES INDEX & CALCULATION SERVICES (“VIC”) SHALL OBTAIN INFORMATION FOR INCLUSION IN OR FOR USE IN THE CALCULATION OF THE INDEXES FROM SOURCES WHICH VIC CONSIDERS RELIABLE, NEITHER VIC NOR ANY OTHER PARTY GUARANTEES THE ACCURACY AND/OR THE COMPLETENESS OF THE INDEXES OR ANY DATA INCLUDED THEREIN.  NEITHER VIC NOR ANY OTHER PARTY MAKES ANY WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED BY LICENSEE, LICENSEE’S CUSTOMERS AND COUNTERPARTIES, HOLDERS OF THE NOTES, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE INDEXES OR ANY DATA INCLUDED THEREIN IN CONNECTION WITH THE RIGHTS LICENSED HEREUNDER OR FOR ANY OTHER USE.  NEITHER VIC NOR ANY OTHER PARTY MAKES ANY EXPRESS OR IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE WITH RESPECT TO THE INDEXES OR ANY DATA INCLUDED THEREIN AND VIC HEREBY EXPRESSLY DISCLAIMS ALL SUCH WARRANTIES.  WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT SHALL VIC OR ANY OTHER PARTY HAVE ANY LIABILITY FOR ANY DIRECT, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR ANY OTHER DAMAGES (INCLUDING LOST PROFITS) EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.

Copyright and Trademarks
“VelocityShares” and the VelocityShares logo are trademarks of VelocityShares Index & Calculation Services, a division of VelocityShares, LLC. All content, information, products and services available on or through this site are owned, licensed or controlled by VelocityShares LLC or the party credited as the provider of the contents. This website is also protected under United States copyright laws. This site is copyright ©2013 VelocityShares LLC. All rights reserved. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos. Without the advance written permission of VelocityShares LLC, you may not sell, copy, publish, "mirror" on any other server, distribute, modify, transfer or reproduce any material contained on this site. Notwithstanding the foregoing, any materials provided by third parties may be subject to additional and/or different terms of use and restrictions that control the use of such materials. Unauthorized use of any material contained on this site may violate copyright laws, trademark laws, trade secret laws, the laws of privacy and publicity, and communications regulations and statutes. Request for consent must be made in writing and should be mailed to VelocityShares LLC, 19 Old Kings Highway S, Darien, CT  06820.

Electronic Links
This site may contain links to other Internet websites that are beyond the control of VelocityShares.  Such links are provided for your convenience.  VelocityShares does not maintain these other sites and has no control over the organizations that maintain the sites or the information, products or services these organizations provide.  VelocityShares makes no representation about, and assumes no responsibility for, the content, accuracy, completeness, timeliness, suitability or legality of the content of any such websites, or for any products or services that might be offered therein.  VelocityShares does not recommend or endorse these organizations or their products or services in any way.

Electronic Communications
This site may permit you to communicate electronically with VelocityShares for certain purposes.  Please do not use this facility to attempt notice of any time-sensitive or legally significant event, request or instruction.  VelocityShares assumes no responsibility or liability for any actions taken or any omissions to take action as a result of any such electronic communications.

VLS’s Securities, LLC- Business Continuity Plan Notice
VLS Securities, LLC (“VLS” or the “Firm”) has developed a Business Continuity Plan (the “Plan”) describing the Firm’s anticipated response to events that significantly disrupt its business.  Because the timing and impact of disasters and disruptions is unpredictable, flexibility will be necessary when responding to actual events as they occur.  With that in mind, the information below summarizes the Firm’s Business Continuity Plan.

Summary of Plan
The Firm’s policy is to respond to a Significant Business Disruption (“SBD”) by safeguarding employees’ lives and Firm property, making a financial and operational assessment, quickly recovering and resuming operations, protecting all of the Firm’s books and records, and allowing the transaction of business to continue.  In the event that the Firm determines business is unable to continue, VLS customers and counterparties can be reasonably confident SBDs will not affect our day-to-day business activities.  VLS does not hold customer funds or securities, nor does it execute transactions or perform any type of clearing function for itself or others.

VLS maintains a Business Continuity Plan designed to respond reasonably and effectively to events of varying scope.  The Plan sets forth critical staff assignments, alternate work locations, and resource requirements, related to restoring business operations with minimal impact.  The Plan also provides for communication with customers, service providers, counterparties and regulatory agencies in order to notify and keep them informed about how the SBD is impacting the Firm.  The Plan is reviewed and maintained on an annual basis to ensure that documented information is current and recovery strategies support the operations.

Contacting Us
The Firm has offices located in Darien, CT.   The CT Offices are located at 19 Old Kings Highway S, Darien, CT 06820.  Its main telephone numbers are 203.992.4301 and 877-583-5624.  You can also contact us via our website: www.velocityshares.com or via email at:  info@velocityshares.com.

Alternative Physical Location(s) Of Employees
In the event of an SBD at our CT offices we may move certain key personnel from our CT Offices to our a hot site facility in 11 Skyline Drive, Hawthorne, NY provided by our IT service provider InfoHedge Technologies (“InfoHedge”) and may require all or some employees to work from their home or other agreed upon location.  VLS technology network is a hosted platform that provides VLS server redundancy between InfoHedge’s Hawthorne and Syracuse, NY facilities on a real time basis.  It also enables VLS employees to access the server from any remote location.

Choice of Law
Users of this site shall be bound by all applicable laws of the United States and the State of New York.  The appropriate New York federal or state court shall have exclusive jurisdiction over any action or dispute arising from this agreement or relating to this site.

VelocityShares LLC  | 19 Old Kings Highway S | Darien, CT 06820 | 877-5 VELOCITY (877-583-5624) | Contact Us | Site Design: 341 Studios

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.

Investing in the Janus Velocity Volatility Hedged Large Cap ETF and the Janus Velocity 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 Janus 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 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 Hedged ETFs. ALPS Portfolio Solutions Distributor, Inc. (“ALPS Distributors”) is the distributor of the Hedged ETFs. ALPS Advisors and ALPS Distributors are not affiliated with ETC, SIDCO, Janus 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, Janus or VelocityShares.

Janus is a registered trademark of Janus International Holding LLC. © Janus international Holding LLC.

"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 Janus; 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 Janus, 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.

Please see "VelocityShares Terms of Use" for additional information regarding use of this website.