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Exchange Traded Concepts to close and liquidate the Janus Equal Risk Weighted Large Cap ETF

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After careful consideration, the Board of Trustees of the Exchange Traded Concepts Trust has determined to close and liquidate the Janus Equal Risk Weighted Large Cap ETF (ERW).

Exchange Traded Concepts serves as the Investment Adviser and Vident Investment Advisory, LLC ("Vident") is the Sub-Adviser to ERW.
 
The last day of trading of the Fund's shares on the NASDAQ will be 24 February, 2016. Shareholders may sell Fund shares through a broker in the standard manner through this date. Customary brokerage charges may apply to such transactions. The Fund will be closed to new investors as of 17 February, 2016. Between 17 February, 2016 and 25 February, 2016, the Fund will be in the process of liquidating its portfolio assets. This will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the prospectus.
 
Shareholders remaining in the Fund on February 25, 2016 will have their shares redeemed automatically and will receive cash in an amount equal to the net asset value of their shares as of the close of business on 24 February, 2016. Any accrued capital gains or dividends in the fund will be paid out to shareholders of record as of 23 February and paid on 24 February. The fund will begin trading Ex-Dividend on 19 February. Shareholders remaining in the Fund on 25 February will not be charged any transaction fees by the Fund.
 

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