The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The summary and statutory prospectuses contain this and other important information about the investment company, and it may be obtained by calling 800-123-4567 or visiting www.BNE-etf.com/investor-materials. Read it carefully before investing.

Investments involve risk. Principal loss is possible. The fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Index, and consequently the Fund, is expected to concentrate its investments in real estate companies. As a result, the value of the Fund’s shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries.

New Energy Ecosystem Companies include energy, industrial, infrastructure, and logistics companies, among others, and will therefore be susceptible to adverse economic, environmental, business, regulatory, or other occurrences affecting such companies. New Energy Eco­system Companies may be affected by the obsolescence of existing technology, short product cycles, falling prices and profits, competition from new market entrants and general economic conditions. In addition, intense competition and legislation resulting in more strict govern­ment regulations and enforcement policies and specific expenditures for cleanup efforts can significantly affect this sector.

The Fund’s investments will be concentrated in an industry or group of industries to the extent that the Index is so concentrated. In such event, the value of the Shares may rise and fall more than the value of shares of a fund that invests in securities of companies in a broader range of industries. To the extent the fund invests more heavily in the Energy Sector, Industrial Sector and Materials Sector, its performance will be especially sensitive to developments in those sectors. The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. As a result, the Fund may be more exposed to the risks asso­ciated with and developments affecting an individual issuer or a smaller number of issuers than a fund that invests more widely. This may increase the Fund’s volatility and cause the performance of a relatively smaller number of issuers to have a greater impact on the Fund’s performance. The Fund may invest in foreign securities, which involve political, economic and currency risks, greater volatility, and differences in accounting methods.  The Fund may also invest in smaller companies, which involve additional risks such as limited liquidity and greater volatility.

The Fund is a recently organized investment company with a limited operating history. As a result, prospective investors have a limited track record or history on which to base their investment decision.

The Blue Horizon New Energy Economy 100 Index members are chosen by Blue Horizon Capital in accordance with predetermined rules and criteria, including minimum market capitalization and average daily value traded. It is not possible to invest directly in an index.

Exchange Traded Concepts, LLC is advisor to the fund. Blue Horizon serves as the index provider. The fund is distributed by Quasar Distrib­utors, LLC which is not affiliated with Blue Horizon, Exchange Traded Concepts, LLC, or any of their affiliates.