OEUH and OAPH ETFs to close

FFCM LLC and O’Shares Investments, Inc. announced the closing of two ETFs:

O’Shares FTSE Europe Quality Dividend Hedged ETF (OEUH)
O’Shares FTSE Asia Pacific Quality Dividend Hedged ETF (OAPH),

due to the small size and limited demand for these products.

The Funds will cease trading on the NYSE Arca, Inc. and will be closed to purchase by investors as of the close of regular trading on the NYSE on November 30, 2017 (Closing Date). The Funds will not accept creation unit orders from authorized participants after the Closing Date, and trading on the NYSE Arca for the shares of the Funds will be suspended prior to the open of business on December 1, 2017. Shareholders may sell their holdings on or before the Closing Date and customary brokerage charges may apply to such transactions.

After the Closing Date until December 8, 2017 (the “Liquidation Date”), the Funds will undertake the process of closing down and liquidating their respective portfolios. This process will result in the Funds increasing their cash holdings and not tracking their underlying indexes.

On or about December 12, 2017, shareholders who do not sell their holdings on or before the Closing Date will receive cash equal to the amount of the net asset value of their shares as of the Liquidation Date, which will include the costs of liquidating the relevant portfolio and closing the Fund. These distributions may be taxable and will include any accrued capital gains and dividends. Once the liquidating distribution is completed by each Fund, it will terminate.

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