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ALPS Launches U.S. Equity High Volatility Put Write Index Fund

Portfolio Turnover Risk. The Fund will pay transaction costs, such as commissions or mark-ups in the bid/offer spread on an option position, when it writes options at the beginning of each 60-day period (or “turns over” its portfolio). A higher portfolio turnover (e.g., over 100% per year) will cause the Fund to incur additional transaction costs and may result in higher taxes when Shares are held in a taxable account.

Issuer-Specific Changes. The value of an individual security or particular type of security can be more volatile than the market as a whole.

Non-Diversified Fund Risk. The Fund is considered nondiversified and can invest a greater portion of assets in securities of individual issuers than a diversified fund. As a result, changes in the market value of a single investment could cause greater fluctuations in share price than would occur in a diversified fund. This risk may be particularly applicable to the Fund because the Fund will only sell options on 20 underlying stocks.

An investor should consider a Fund’s investment objectives, risks, charges and expenses carefully before investing. Before investing obtain a prospectus which contains this and other information, by visiting www.alpsfunds.com or call 877.526.9298. Read the prospectus carefully before investing.

Shares are not individually redeemable and the owners of shares may purchase or redeem shares from a fund in creation units (blocks of 100,000 shares) only.

The fund is new with limited operating history.

Put Option: An option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price within a specified time.

NYSE Arca US Equity High Volatility Put Write Index: seeks to generate income by selling put options on the most volatile stocks in a given two month period along with interest earned on T-bills.

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