LHA Market State Shares®

Beta is a measure of the volatility of a security or portfolio in comparison to the market as a whole.

Please refer to the Prospectus for LHA Market State™ Alpha Seeker ETF or the Prospectus for LHA Market State™ Tactical Beta ETF (each a “Fund”) for important information, including the Fund’s objectives, risks, charges, and expenses. Read and consider the fund’s Prospectus and related documents carefully before investing. You may also obtain a hard copy of the Prospectus by calling Rick Tomney at Little Harbor Advisors, LLC (781) 639-3000 (ext.147).

Important Risk Information

The information contained on this Website is not intended to be used as the primary basis for investment decisions, nor should it be considered as advice of professionals regarding the evaluation of any specific content. The information on this Website has been prepared without regard to the specific investment objectives, financial situation, and needs of any particular recipient. Before making any investment decision persons interested in investing should consult with tax, legal and financial advisors. The information on this Website is not intended as a solicitation to buy or sell an interest in any investment fund or for the provision of any investment management or advisory services.

Investing involves risk; Principal loss is possible. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV, and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The Fund is non-diversified meaning it may concentrate its assets in fewer individual holdings than a diversified fund. ETF and ETN investments involve additional risk such as the market price trading at a discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they trade, which may impact a fund’s ability to sell its shares. The Fund may use leverage which may cause the effect of an increase or decrease in the value of the portfolio securities to be magnified and the Fund to be more volatile than if leverage was not used. Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks. These risks, in certain cases, may be greater than the risks presented by more traditional investments.

The information on this Website is provided strictly as a courtesy. All information and content on this Website is furnished “As Is” and “As Available” without additional representation or warranty of any kind, express or implied, including but not limited to implied warranty of merchantability or fitness for a particular purpose. Distribution, dissemination, republication or other transfer of information contained on this Website, in whole or in part, is strictly prohibited.

LHA Funds are distributed by Quasar Distributors, LLC.