An investor should consider the fund’s investment objective, risks, charges and expenses carefully before investing. For this and more complete information about the funds, view the prospectus or call 800.925.2870 for a copy. Please read the prospectus carefully before investing.
The prospectus is not an offer to buy or sell the portfolio shares, nor are the funds soliciting an offer to buy its shares in any jurisdiction where the offer or sale is not permitted.
There are risks involved with investing in ETFs, including possible loss of money. ETFs are not actively managed and are subject to risks similar to stocks, including those related to short selling and margin maintenance. Losses from short sales may be unlimited, and losses from purchases on margin may exceed original investment. Ordinary brokerage commissions apply.
HealthShares™ ETFs face additional risks attributable to their investments in small- and medium-capitalization companies which are subject to higher volatility than larger, more established companies. In addition, they are invested in a limited number of securities and a decline in the value of these investments would cause the fund’s overall value to decline to a greater degree than in a less concentrated portfolio. HealthShares™ are subject to additional risks associated with the healthcare and biotechnology sector (i.e., government regulation, patent regulation, etc.). Certain HealthShares™ ETFs invest in foreign securities that will be subject to certain risks not associated with domestic securities, such as currency fluctuations and changes in political and economic conditions.
TDX Independence ETFs offer no assurance that the investment process will consistently lead to successful investing. Diversification does not eliminate the risk of experiencing investment losses.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. From this website, download a prospectus which contains this and other information. Read the prospectus carefully before investing or sending money.
Shares of the funds are not FDIC insured, may lose value and have no bank guarantee.
