Exchange Traded Concepts to Close and Liquidate the PSYK ETF
The Fund will be closed to orders for new creation units on
In anticipation of the liquidation of the Fund, the Fund will be managed in a manner intended to facilitate its orderly liquidation, such as by raising cash or making investments in other highly liquid assets. As a result, starting on
On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all remaining shareholders. This distribution is a taxable event. In addition, this payment 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. For the Fund's ordinary income and capital gains distributions, if any, shareholders of record as of
If you would like additional information, please call 1-800-617-0004, or visit https://psyk-etf.com/.
Fund shareholders of record as of the record date are eligible to receive dividends from the liquidation distribution. The Fund will liquidate and pay dividends to shareholders of record on the pay date.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. NAVs are calculated using prices as of
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting https://psyk-etf.com/. Read the prospectus carefully before investing.
Investments involve risk. Principal loss is possible. The Fund has the same risks as the underlying securities traded on the exchange throughout the day at market price. The Fund's investments will be concentrated in an industry or group of industries to the extent the Index is so concentrated.
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