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Important Information & Risks 

Before investing you should carefully consider the Fund’s investment objectives, risks, charges, and expenses. This and other information is in the prospectus or, if available, the summary prospectus, a copy of which may be obtained by visiting the Fund’s website at www.EventSharesFunds.com. Please read the prospectus carefully before you invest.

Investing involves risk, including the loss of principal. There can be no assurance that the Fund will achieve its investment objective. The Fund is an actively managed ETF that does not seek to replicate the performance of a specified index. Investors in the Fund should be willing to accept a high degree of volatility in the price of the Fund’s shares and the possibility of significant losses. An investment in the Fund involves a substantial degree of risk and the Fund does not represent a complete investment program. The Prospectus contains important information about investing in the Fund. Please read this Prospectus carefully before you make any investment decisions.
 
The prices of equity securities rise and fall daily. These price movements may result from factors affecting individual issuers, industries or the stock market as a whole. Shares of the Fund may trade above or below their net asset value (“NAV”). The trading price of the Fund’s shares may deviate significantly from their NAV during periods of market volatility. There can be no assurance that an active trading market for the Fund’s shares will develop or be maintained. In addition, equity markets tend to move in cycles which may cause stock prices to fall over short or extended periods of time. Losing all or a portion of your investment is a risk of investing in the fund. Failure of the government to take positive action on policy and regulation themes, as well as other factors besides government action, may result in losses. Unanticipated political or social developments may result in sudden and significant investment losses. Political and social developments that are anticipated but at odds with a Fund’s theme may result in sudden and significant investment losses. Investing in securities of small and medium capitalization companies may involve greater volatility than investing in larger and more established companies because small and medium capitalization companies can be subject to more abrupt or erratic share price changes than larger, more established companies. The use of hedging and derivatives could produce disproportionate gains or losses and may increase costs. Short positions entered into by the Fund may involve higher risks and costs, and potential losses relating to such investments are not typically limited.

Diversification does not guarantee a profit or protect against loss in market declines. Past performance does not guarantee future results. Holdings and allocations are subject to change. 
 
Shares of the Funds are listed on a national securities exchange, the Bats BZX Exchange (“Exchange” or “Bats BZX”) and trade at market prices. The market price for each Fund’s shares may be different from its net asset value per share (the “NAV”). Shares of each Fund are not individually redeemable and that owners of shares may acquire or redeem shares in Creation Units only. Because fund shares trade at market prices rather than at net asset value (NAV), Fund shares may trade at a price greater than NAV (premium) or less than NAV (discount). Shares of the ETFs may be bought and sold throughout the day on the exchange through any brokerage account. Buying and selling shares of ETFs will result in brokerage commissions.
 
Funds distributed by Foreside Fund Services, LLC. Active Weighting Advisors, LLC serves as the investment advisor to the Exchange-Traded Funds (ETFs). Foreside Fund Services, LLC is not affiliated with Active Weighting Advisors, LLC. Check the background of Foreside Fund Services, LLC and Active Weighting Advisors LLC’s Registered Representatives on FINRA’s BrokerCheck. Active Weighting Funds are the ETFs under the brand name EventShares.
 
If you click on a 3rd party link (e.g. the domain is different than www.EventSharesFunds.com) then you must note the following disclosure “You are leaving this website. You will be connected to a website maintained by a third party, and you acknowledge and agree to the following: We are providing a link to the third party’s website solely as a convenience to you, because we believe that website may provide useful content. We do not control the content on the third-party website; we do not guarantee any claims made on it; nor do we endorse the website, its sponsor, or any of the content, policies, activities, products or services offered on the website or by any advertiser on the site. We disclaim any responsibility for the website’s performance or interaction with your computer, its security and privacy policies and practices, and any consequences that may result from visiting it. The link is not intended to create an offer to sell, or a solicitation of an offer to buy or hold, any securities.” The EXIT fund is not yet available for investment and trading.