Please be advised that REX issued the following two press releases to provide information on special dividends for VMIN (estimated to be ~$11*) and GHS (estimated to be ~$1.75*) to be paid prior to year-end. Ex date, record date, pay date, estimated amount, explanation on why these distributions need to be made can be found here:
*These are estimated dividend amounts. The final number could be higher or lower, and could be substantially higher or lower, when officially announced in advance of the ex-dividend date. Investors are encouraged to monitor closely for the announcement of the official dividend amount, as this amount may vary substantially.
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REX Shares, LLC | 44 Post Road West | Westport, CT 06880
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Carefully consider the Funds' investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' summary and full prospectuses, which may be obtained by calling 1-844-REX-1414. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
The price of gold is volatile and may be affected by a variety of factors, including the global gold supply and demand and investors’ expectations with respect to the rate of inflation. Developments affecting the value of gold may have a significant impact on the Fund. There is no assurance that gold will maintain its long-term value.
Fixed-income assets will decline in value because of rising interest rates.
The use of derivatives presents risks different from, and possibly greater than, the risks associated with investing directly in traditional securities. Changes in the value of a derivative may not correlate perfectly with the underlying security, asset, rate or index. Gains or losses in a derivative may be magnified and may be much greater than the derivative’s original cost. The derivatives may not always be liquid. This could have a negative effect on the Funds’ ability to achieve its investment objective and may result in losses.
In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations. In emerging markets, these risks are heightened, and lower trading volumes may occur. Investments in smaller companies typically exhibit higher volatility.
The Funds will invest in exchange-traded notes and exchange-traded funds, and will be subject to the risks associated with such vehicles. The Funds’ performance will be directly related to the performance of those investments.
The Funds are actively managed and there are no guarantees investments selected and strategies employed will achieve the intended results. Active management may also increase transaction costs. The volatility Funds expect to invest primarily in VIX futures contracts, which are considered commodities.
The Funds are non-diversified.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Rex NAVs are calculated using prices as of the relevant closing time. The closing price is the Mid-Point between the Bid and Ask price as of the close of exchange.
Exchange Traded Concepts, LLC serves as the investment advisor and Vident Financial serves as sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., One Freedom Valley Drive, Oaks, PA 19456, which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates.
This e-mail, including any attachments, is intended For Institutional Use Only - Not for Public Distribution. This e-mail contains information that is, or may be confidential or proprietary in nature. Unless specifically stated in the message or otherwise indicated, you may not duplicate, redistribute or forward this message or any portion thereof, including any attachments, by any means to any other person. If you are not the intended recipient, please be advised that you are legally prohibited from retaining, using, copying, distributing, or otherwise disclosing this information in any manner. Attachments that are part of an electronic communication may have additional important disclosures and disclaimers, which you should read. Furthermore, this communication is for information purposes only and should not be regarded as an offer to sell or as a solicitation of an offer to buy any financial product, or as an official statement of REX Shares, LLC or any of its affiliates. Nothing in this document constitutes investment, legal, accounting or tax advice or a representation that any investment strategy or service is suitable or appropriate to your individual circumstances. This document is not to be relied upon in substitution for the exercise of independent judgment. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, expressed or implied is made regarding future performance. The information provided herein is expressed as of the date hereof or such other date specified. REX Shares, LLC and its affiliates assume no obligation to update or otherwise revise these materials.