The fund has filed a registration statement with the Securities and Exchange Commission that is effective, but the fund has not launched yet. An investment in the fund cannot be made, nor money accepted, until the fund has launched. An investor should consider the investment objectives, risks, and charges and expenses of the fund carefully before investing. A prospectus and a summary prospectus which contains this and other information about the fund may be obtained by calling 888-844-7039 or visiting https://pureplayetfs.com/investor-materials. The prospectus and the summary prospectus should be read carefully before investing. This communication is not an offer to sell fund shares and is not soliciting an offer to buy fund shares in any state where the offer or sale is not permitted.

The Fund is distributed by Foreside Fund Services, LLC. Exchange Traded Concepts, LLC serves as the investment advisor of the Fund. Foreside Fund Services, LLC is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.

Risk Disclosures:
Investing involves risk, including possible loss of principal. There is no guarantee the Fund will achieve their stated objectives.

New/Smaller Fund Risk. A new or smaller fund is subject to the risk that its performance may not represent how the fund is expected to or may perform in the long term. In addition, new funds have limited operating histories for investors to evaluate and new and smaller funds may not attract sufficient assets to achieve investment and trading efficiencies.

Non-Diversification Risk. The Fund is non-diversified under the 1940 Act, meaning that, as compared to a diversified fund, it can invest a greater percentage of its assets in securities issued by or representing a small number of issuers. As a result, the performance of these issuers can have a substantial impact on the Fund’s performance.

NVIDIA Dependence Risk. Because the Index is designed to provide exposure to companies that have a material commercial relationship with NVIDIA, the Index, and therefore the Fund, is highly sensitive to NVIDIA-specific developments. Actual or perceived adverse events at NVIDIA, including financial distress, demand declines, supply or regulatory disruptions, litigation, reputational harm, strategic shifts, or insolvency, could impair the results and valuations of Index constituents that rely on NVIDIA as a key customer, supplier, or technology partner, leading to material declines and heightened volatility in the Fund.