Terms & Conditions

Terms & Conditions

READ THESE TERMS AND CONDITIONS ("TERMS") CAREFULLY BEFORE USING THE SERVICES DESCRIBED HEREIN. BY UTILIZING THE WEBSITE LOCATED AT www.EventSharesFunds.com ("WEBSITE"), YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS AND CONDITIONS AND THAT YOU AGREE TO BE BOUND BY THEM. IF YOU DO NOT AGREE TO ALL OF THE TERMS AND CONDITIONS OF THIS AGREEMENT, YOU ARE NOT AN AUTHORIZED USER OF THESE SERVICES AND YOU SHOULD NOT USE THIS WEBSITE.

 

EVENTSHARES RESERVES THE RIGHT TO CHANGE, MODIFY, ADD OR REMOVE PORTIONS OF THESE TERMS AT ANY TIME FOR ANY REASON. WE SUGGEST THAT YOU REVIEW THESE TERMS PERIODICALLY FOR CHANGES. SUCH CHANGES SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING. YOU ACKNOWLEDGE THAT BY ACCESSING OUR WEBSITE AFTER WE HAVE POSTED CHANGES TO THESE TERMS, YOU ARE AGREEING TO THESE TERMS AS MODIFIED.

 

Disclaimer

Nothing contained on this Website constitutes tax, accounting, regulatory, legal, insurance or investment advice. Neither the information, nor any opinion, contained on this Website constitutes a solicitation or offer by Active Weighting Advisors LLC ("EventShares") or its affiliates to buy or sell any securities, futures, options or other financial instruments, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Decisions based on information contained on this Website are the sole responsibility of the visitor. In exchange for using this Website, the visitor agrees to indemnify and hold EventShares, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys' fees) arising from your use of this Website, from your violation of these Terms or from any decisions that the visitor makes based on such information.

 

The investments and strategies discussed in the Website may not be suitable for all investors and are not obligations of EventShares or its affiliates or guaranteed by EventShares or its affiliates. EventShares makes no representations that the contents are appropriate for use in all locations, or that the transactions, securities, products, instruments, or services discussed on this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. By making available information on the Website, EventShares does not represent that any investment vehicle is available or suitable for any particular user. All persons and entities accessing the Web Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.

 

All investments involve risk and may lose value. The value of your investment can go down depending upon market conditions. Fixed income investments are subject to risk including interest rate, credit, market and issuer risk. Currency exchange rates may cause the value of an investment to go up or down. Alternative strategies involve higher risks than traditional investments, may not be tax efficient, and have higher fees than traditional investments; they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain. BEFORE ACQUIRING THE SHARES OF ANY INVESTMENT FUND BY PURCHASE OR EXCHANGE, IT IS YOUR RESPONSIBILITY TO READ THE FUND'S PROSPECTUS OR OFFERING MATERIALS.

 

This Website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. The information on this Website does not constitute a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Although this material is based upon information that EventShares considers reliable and endeavors to keep current, EventShares does not assure that this material is accurate, current or complete, and it should not be relied upon as such. Any opinions expressed on this Website may change as subsequent conditions vary. Past performance is no guarantee of future results.

 

The information and services provided on this Website are provided "AS IS" and without warranties of any kind, either expressed or implied. To the fullest extent permissible pursuant to applicable law, EventShares disclaims all warranties, including, but not limited to, any warranty of non-infringement of third-party rights and any implied warranties of merchantability and fitness for a particular purpose. EventShares does not warrant, either expressly or impliedly, the accuracy or completeness of the information, text, graphics, links or other items contained on this Website and does not warrant that the functions contained in this Website will be uninterrupted or error-free, that defects will be corrected, or that the Website will be free of viruses or other harmful components. EventShares expressly disclaims all liability for errors and omissions in the materials on this Website and for the use or interpretation by others of information contained on the Website.

 

Fund and Advisor Disclosures

Investments in a EventShares product or client account are not bank deposits and are not insured or guaranteed by EventShares or the Federal Deposit Insurance Corporation, any other government agency or any bank. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund. Please carefully consider a fund's investment objective, risks, charges and expenses before investing. For this and other information, call or write to EventShares for a free prospectus or view one online. Read it carefully before you invest or send money.

Trademarks, Copyrights and other Intellectual Property

The content contained on this Website is owned or licensed by EventShares and its third-party information providers and is protected by applicable copyrights, trademarks, service marks, and/or other intellectual property rights. Such content is solely for your personal, non-commercial use. Accordingly, you may not copy, distribute, modify, post, frame or deep link this Website, including any text, graphics, video, audio, software code, user interface design or logos. You may download material displayed on this Website for your personal use provided you also retain all copyright and other proprietary notices contained on the materials. You may not distribute, modify, transmit, reuse, repost, or use the content of this Website for public or commercial purposes, including all text, images, audio, and video, without EventShares’s written permission. Modification or use of the materials for any other purpose violates EventShares’s intellectual property rights.

 

All trademarks, service marks, trade names, and logos displayed on this Website are proprietary to EventShares and/or their respective owners. Nothing contained on this Website should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any trademark displayed on this Website without the written permission of EventShares or such other third party that may own the trademark displayed on this Website. Your use of the trademarks displayed on this Website, except as provided herein, is strictly prohibited.

 

The use of the images displayed on this Website by you, or anyone else authorized by you, is prohibited. Any unauthorized use of the images may violate copyright laws, trademark laws, and the laws of privacy and publicity, and communications, as well as other regulations and statutes. If you download any information from this Website, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.

 

Links to Other Websites

EventShares may establish links between this Website and one or more websites operated by third parties. EventShares has no control over any such other websites, the contents therein or the products/services offered. The existence of any such links shall not constitute an endorsement of, or representation or warranty by EventShares regarding such websites, the contents of the websites, the products or services of the websites or the operators of the websites. Your access to and use of such linked websites is governed by the terms of use and privacy policies of those sites, and shall be at your own risk. EventShares disclaims responsibility for the privacy policies and customer information practices of third-party internet websites hyperlinked from our Website.

Links to EventShares from Other Websites

You shall not display hyperlinks on your websites to any website owned or operated by EventShares. If you desire to display on your website a hyperlink to a EventShares website, you must enter into a written agreement with EventShares governing such display. Access to any EventShares website does not authorize you to use any of EventShares’s names, logos, trademarks or copyrighted material, and you agree not to do so without EventShares’s express written consent. Requests to display hyperlinks on your websites to EventShares websites should be e-mailed to webmaster@EventShares.com.

 

Transmissions to and From this Website

Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from this Website may not be secure. Communications to EventShares, particularly those containing confidential information, may be sent by mail to: Active Weighting Advisors LLC, 200 Vesey St., 24th Floor, New York, NY 10281, Attn: Webmaster. EventShares shall be free to use, for any purpose, any ideas, concepts, know-how, or techniques provided by a website user to EventShares through this Website. You acknowledge and agree that EventShares has granted you limited access to the specific files pertaining to the EventShares Funds ("Approved Files"), and you agree not to attempt to access computer files other than the Approved Files. EventShares makes no warranty to you regarding the security of the Website, including with regard to the ability of any unauthorized persons to access information received or transmitted by you through or from the Website. EventShares reserves the right to cease providing, or to change, this Website and content of such information (or any portion or feature thereof) at any time or frequency and without notice.

 

Privacy Policy

Please review our Privacy Policy, which is a part of this Agreement and hereby incorporated by reference, to learn about our information collection practices and the measures we take to preserve the privacy and security of your information.

 

E-mail and Marketing

Individuals who complete the registration process to subscribe to updates are at the same time granting EventShares permission to send them e-mail messages for marketing and general communication purposes at the e-mail address they have provided. This service may be discontinued at any time by responding to the email with "Unsubscribe" in the subject line.

 

Jurisdiction and Governing Law

The information provided on this Website is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject EventShares or its affiliates to any registration requirement within such jurisdiction or country. Each investment product and service referred to on this Website is intended to be made available to only U.S. residents. This Website will not be considered a solicitation for or offering of any investment product or service to any person in any jurisdiction where such solicitation or offering would be illegal.

 

The laws of the State of New York govern these Terms without regard to conflict of law provisions. If you take legal action relating to these Terms, you agree to file such action only in the New York State Supreme Court located in New York, NY, or the United States District Court for the Southern District of New York, and you consent and submit to the personal jurisdiction of those courts for the purpose of litigating any action with EventShares, its affiliates or with any funds referenced in this site.

 

Limitation of Liability

EVENTSHARES AND ITS AFFILIATES AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS WILL NOT BE LIABLE TO YOU OR ANYONE ELSE FOR ANY DAMAGES OF ANY KIND, INCLUDING, BUT NOT LIMITED TO, DIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR INDIRECT DAMAGES (INCLUDING BUT NOT LIMITED TO LOST PROFITS, TRADING LOSSES OR DAMAGES THAT RESULT FROM USE OR LOSS OF USE OF THIS WEBSITE), EVEN IF EVENTSHARES HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES OR LOSSES, INCLUDING, WITHOUT LIMITATION, FROM THE USE OR ATTEMPTED USE OF THIS WEBSITE OR ANOTHER LINKED WEBSITE.

 

IF YOU LIVE IN A STATE THAT DOES NOT ALLOW THE LIMITATION OR EXCLUSION OF LIABILITY OR INCIDENTAL OR CONSEQUENTIAL DAMAGES, OR IF YOU ACCESS THE WEBSITE SOLELY THROUGH AN ARRANGEMENT WITH YOUR EMPLOYER OR PLAN SPONSOR, SOME OR ALL OF THESE LIMITATIONS AND EXCLUSIONS MAY NOT APPLY TO YOU.

 

Timeliness of Content

All content on this Website is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.

 

Prohibited Uses

Except as otherwise stated in these Terms or as expressly authorized by EventShares in writing, you may not:

Use this Website in any manner that could damage or overburden any EventShares server, or any network connected to any EventShares server, as all servers have limited capacity and are used by many people;

Use this Website in any manner that would interfere with another party's use of the Website;

Include the term "EventShares," or any EventShares trademark or executive's name, or any variation of the foregoing, as a meta-tag, hidden textual element; Use any robot, spider, intelligent agent, other automatic device, or manual process to search, monitor or copy this Website or the reports, data, information, content, software, products services, or other materials on, generated by or obtained from this Website, whether through links or otherwise (collectively, "Materials"), without EventShares’s permission, provided that generally available third-party web browsers may be used without such permission; or

Use this Website or the Materials in any manner that could create impression of affiliation, sponsorship or endorsement by EventShares.

 

Unauthorized Use of Content

You agree to defend, indemnify and hold harmless EventShares, its affiliates and each of their respective officers, directors, members, partners, managers and employees against any losses, damages, claims, liabilities and costs (including reasonable attorneys’ fees) to the extent resulting from or arising out of any unauthorized or otherwise inappropriate use of any of the content of this Website attributable to you.

 

System Outages and Incomplete Transmissions

Internet software or transmission problems may produce inaccurate or incomplete copies of information and materials that may be downloaded and displayed on a user's computer. EventShares is not liable for any damages, changes, or omissions that occur during transmission of information and materials.

 

Termination

EventShares may terminate your access to the Website for any reason, without prior notice.

 

Waiver

No waiver by EventShares of any right under or term or provision of these Terms will be deemed a waiver of any other right, term, or provision of these Terms at the time of such waiver or a waiver of that or any other right, term, or provision of these Terms at any other time.

 

Integration and Severability

If any provision of these Terms is deemed unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from these Terms and will not affect the validity and enforceability of the remaining provisions.

 

The preceding Terms of use represent the entire agreement between EventShares and the user relating to the subject matter herein.

 

EventShares is an equal opportunity employer committed to diversity in the workplace.

 

Dated: October 2017.

 

© 2017 Active Weighting Advisors LLC. All rights reserved. EVENTSHARES is a registered trademark of Active Weighting Advisors LLC in the United States. All other trademarks are those of their respective owners.

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Important Information & Risks
 

The EventShares US Policy Alpha ETF name changed to the EventShares U.S. Legislative Opportunities ETF effective October 15, 2019. The fund's ticker (PLCY), investment objective, and strategies remain the same.

 

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.
 
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).
 
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.”

 

Definitions

Alpha - A measure of the active return on an investment, the performance of that investment compared with a suitable market index. Beta - Indicates whether the investment is more or less volatile than the market as a whole. Beta is a measure of the risk arising from exposure to general market movements as opposed to idiosyncratic factors. The Morningstar Mid Core Index measures the performance of mid-cap stocks where neither growth nor value characteristics predominate. The Morningstar Mid Core Index is the benchmark for the EventShares U.S. Legislative Opportunities ETF. Indexes do not reflect fees and expenses. Indexes are unmanaged and it is not possible to invest directly in an index.

 

 

Footnotes 

1 Methodology: ETF.com Award winners are selected in a three-part process designed to leverage the insights and opinions of leaders throughout the ETF industry. Step 1: The awards process began with open nominations, which started Dec. 3, 2018, and closed Jan. 3, 2019. Step 2: Following the open nominations process, the ETF.com Awards Nominating Committee—made up of senior leaders at ETF.com, Inside ETFs and FactSet—voted to select up to five finalists in each category. Votes were tallied on a majority basis. Ties were broken where possible with head-to-head runoff votes. If ties could not be broken, more than five finalists were allowed. Nomination voting concluded Jan. 14, 2019. 2018 Nominating Committee: Matt Hougan, Chairman, Inside ETFs, Paul Britt, Senior Analyst, FactSet, Elisabeth Kashner, Director of ETF Research, FactSet, Dave Nadig, Managing Director, ETF.com, Drew Voros, Editor-in-Chief, ETF.com. Step 3: Winners from these finalists were selected by a majority vote of the ETF.com Awards Selection Committee, a group of independent ETF experts. Committee members recused themselves from voting in any category in which they or their firms appeared as finalists. Ties were decided where possible with head-to-head runoff votes. 2018 Awards Selection Committee: Kim Arthur, Main Management Eric Balchunas, Bloomberg Intelligence, Ben Blaisdell (US Trust), Rob Glownia (RiverFront), Tom Lydon (ETFtrends), Phil Mackintosh (NASDAQ), Tyler Mordy (Forstrong Global Asset Management), Todd Rosenbluth (CFRA), Jim Wiandt (Industry Expert).  Voting was completed by Jan. 3, 2019, but results were kept secret until their announcement at the ETF.com U.S. Awards Dinner on March 28, 2019.

2 Cohen, Diether, Malloy "Legislating Stock Price." National Bureau of Economic Research