Active Alts, an SEC registered investment advisor based in Westport, CT. Active Alts’ mission is to create unleveraged ETFs for various assets classes With over 50 years of combined experience in the alternatives business, the management team at Active Alts is focused on bringing innovative liquid alternative strategies utilizing the ETF product structure.

Brad Lamensdorf, the founder and portfolio manager of Active Alts, is a principal and co-manager of the AdvisorShares Ranger Equity Bear ETF. He previously managed a long-short investment partnership from 1998-2005 under the name Tarpon Capital Management. Earlier in his career Mr. Lamensdorf was an equity trader/market strategist for the Bass Brothers’ trading arm. He managed a short only portfolio in addition to co-managing a $1bil hedging program. He also served as in-house market strategist for the entire internal and external network of Bass Brothers money managers.

John Lawrence Allen, the COO of Active Alts, brings over 30 years of legal experience within the financial services area along with substantial hedge fund expertise. The team is looking forward to bringing unique unleveraged, fully transparent strategies to the listed liquid alternative community.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Fund. This and other important information about the Fund is contained in the full or summary prospectus, which can be obtained by calling (855) HSS-ETFS (855-477-3837) or at www.StrategySharesETFs.com.  The Strategy Shares are distributed by Foreside Fund Services, LLC.

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