AuthEX, the New York-based company that recently acquired LocalShares, LLC, which serves as the adviser to the Nashville Area ETF (NASH), announced that AuthEX will close this Fund. The Fund plans to liquidate on or around Friday, February 16, 2018, and any person holding shares in the Fund as of its liquidation will receive a cash distribution equal to the net asset value (NAV) of the investor’s shares as of that date, and will include any capital gains and dividends as of such date.

Shareholders may sell their holdings in the Fund prior to the end of the trading day on Friday, February 9, 2018, and customary brokerage charges may apply to these transactions. The Fund will cease trading at the close of regular trading on Friday, February 9, 2018. The Fund will close to new investment after January 12, 2018, and will begin the process of closing down and liquidating its portfolio (Liquidating Period). During the Liquidating Period, the Fund will no longer pursue its investment objectives and strategies. Accordingly, during the Liquidating Period, the Fund will sell all of its assets and hold only cash. The Fund will liquidate on or around Friday, February 16, 2018. LocalShares, LLC, the adviser to the Funds, will bear all fees and expenses that may be incurred related to the liquidation of the Fund and the distribution of cash proceeds to investors, other than brokerage fees and expenses.