UBS Announces Launch of the InsightShares Patriotic Employers ETF
ETF focuses on companies that provide opportunities for U.S. Military Veterans
UBS Investment Bank today announced the launch of the InsightShares Patriotic Employers ETF, the second exchange
traded fund ("ETF") issued under the "InsightShares" brand. This ETF offers the opportunity to invest in a socially conscious
strategy, focusing on the employment of U.S. military veterans.
"We believe this is an innovative way for investors to express their support for the veteran community," said Richard Cea,
Executive Director of Exchange Traded Products at UBS. "This ETF provides investors with exposure to companies that recognize the
value of our nation's veterans to the workforce."
A portion of the revenues generated by this ETF will be donated to veterans-related charities through the UBS Optimus
Foundation.
InsightShares Patriotic Employers ETF (Ticker: HONR)
Created and offered by Exchange Traded Concepts, HONR is designed to track the performance of the Military Veterans
IndexTM (USVETSTR). The Military Veterans IndexTM is provided by UBS AG and is designed to track the price
movements of U.S. companies with policies, practices, and outcomes that support the employment of U.S. veterans, as determined by
Victory Media's Military Friendly® Employer ratings*. For inclusion in the index, companies must meet minimum thresholds for
liquidity and profitability, as well as be deemed Military Friendly®.
*Military Friendly® Employer ratings are owned and operated by a veteran-owned business and are not affiliated with
or endorsed by the Department of Defense or any federal agency.
For more information, please visit www.insightshares.com.
About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private
clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions:
Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's
strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to
capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive
and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive
position in their targeted markets.
UBS is present in all major financial centers worldwide. It has offices in 52 countries, with about 34% of its employees working
in the Americas, 34% in Switzerland, 18% in the rest of Europe, the Middle East and Africa and 14% in Asia Pacific. UBS Group AG
employs approximately 61,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock
Exchange (NYSE).
UBS Investment Bank
The Investment Bank provides corporate, institutional and wealth management clients with expert advice, innovative solutions,
execution and comprehensive access to international capital markets. It offers advisory services and provides in-depth cross-asset
research, along with access to equities, foreign exchange, precious metals and selected rates and credit markets, through its
business units, Corporate Client Solutions and Investor Client Services. The Investment Bank is an active participant in capital
markets flow activities, including sales, trading and market-making across a range of securities.
Disclaimers
Carefully consider the InsightShares Patriotic Employers Exchange Traded Fund’s investment objectives, risk factors, charges
and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by
visiting www.insightshares.com . Investors should read it carefully before investing or sending money.
Investing involves risk, including possible loss of principal. The Fund’s return may not match or achieve a high degree of
correlation with the return of the Index. To the extent the Fund’s investments are concentrated in or have significant exposure to
a particular issuer, industry or group of industries, or asset class, the Fund may be more vulnerable to adverse events affecting
such issuer, industry or group of industries, or asset class than if the Fund’s investments were more broadly diversified. Small
and mid-capitalization companies may be more vulnerable to adverse business or economic events than larger, more established
companies. Issuer-specific events, including changes in the financial condition of an issuer, can have a negative impact on the
value of the Fund. The Fund is not actively managed and therefore the Fund would not sell shares of an equity security unless that
security is removed from the Index or the selling of shares is otherwise required upon a rebalancing of the Index. Diversification
may not protect against market risk. Holdings are subject to change.
Shares are bought and sold at market price not net asset value (NAV) and are not individually redeemed from the Fund. Market
performance is determined using the bid/ask midpoint at 4:00pm Eastern time when the NAV is typically calculated. Brokerage
commissions will reduce returns.
Exchange Traded Concepts, LLC ("ETC") serves as the investment advisor, and Vident Investment Advisory, LLC ("VIA") serves as
the sub-advisor to the Fund. The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with Exchange Traded
Concepts, LLC or any of its affiliates.
VIA is registered as an investment adviser with the Securities and Exchange Commission (SEC) and only conducts business in
states where it is properly registered or is excluded from registration requirements. Registration is not an endorsement of the
firm by securities regulators and does not mean the adviser has achieved a specific level of skill or ability.
The Military Veterans Index (the "Index") is an index developed by UBS AG (together with its subsidiaries and affiliates, "UBS")
based in part on a company scoring methodology and resulting data obtained and used under license from Victory Media.
The marks “UBS,” “InsightShares” and associated logos are trademarks of UBS and have been licensed to ETC for use in connection
with the Fund. The UBS mark and logo are registered in the United States and other countries. The Index is owned by UBS and has
been licensed to ETC for use in connection with the Fund. UBS owns or otherwise has the rights to license all intellectual property
and other property rights to the Index, which are being used by ETC under license from UBS.
The Index and other information disseminated concerning the Index are for informational purposes only, are provided on an “as
is” basis, and are not intended for trading purposes. The Index is not an investment product. Neither ETC nor the Fund is operated
by UBS or Solactive AG ("Solactive"), the calculation agent for the Index. Neither UBS nor Solactive sponsors the Fund or makes any
representation or gives any warranty, express or implied, regarding the advisability or possible benefits of purchasing the Fund or
any other financial product. Clients should undertake their own due diligence and seek appropriate professional advice before
purchasing any financial product, including the Fund.
Neither UBS nor Solactive or their respective licensors makes any warranty, express or implied, as to, without limitation, (i)
the correctness, accuracy, reliability or other characteristics of the Index, (ii) the results to be obtained by any person or
entity from the use of the Index for any purpose, or (iii) relating to the use of the Index and other information covered by the
Fund, including, but not limited to, express or implied warranties of merchantability, fitness for a particular purpose or use,
title or non-infringement. Neither UBS nor Solactive warrants that the Index will be uninterrupted and they are not under any
obligation to continue compiling, calculating, maintaining or sponsoring the Index.
The Index (including the concept, methodology, formulas and algorithms therefor) has been designed and is compiled, calculated,
maintained and sponsored without regard to any financial products that reference the Index (including the Fund), any licensee,
sub-licensor or sub-licensee of the Index, any client or any other person. UBS may independently issue and/or sponsor other indices
and products that are similar to and/or may compete with the Index and the Fund. UBS may also transact in assets referenced in the
Index (or in financial instruments such as derivatives that reference those assets), including those which could have a positive or
negative effect on the value of the Index and the Fund.
Neither UBS nor Solactive shall bear any responsibility or liability, whether for negligence or otherwise, with respect to (i)
any inaccuracies, omissions, mistakes or errors in the concept, methodology, formulas or algorithms for, or computation of, the
Index (and shall not be obligated to advise any person of and/or to correct any such inaccuracies, omissions, mistakes or errors),
(ii) the use of and/or reference to the Index by UBS or any other person in connection with any financial product or otherwise, or
(iii) any economic or other loss which may be directly or indirectly sustained by any customer, client or other person dealing with
any such financial product or otherwise. Any customer, client or other person dealing with such financial products does so,
therefore, in full knowledge of this disclaimer and can place no reliance whatsoever on UBS nor bring claims, actions or legal
proceedings in any manner whatsoever against it.
Military Veterans Index™ and Military Friendly® are trademarks of Victory Media, Inc.
VICTORY MEDIA, INC. DOES NOT GUARANTEE THE ACCURACY AND/OR COMPLETENESS OF THE INDEX, THE INDEX METHODOLOGY, ANY DATA INCLUDED
THEREIN, OR ANY DATA FROM WHICH IT IS BASED, AND VICTORY MEDIA, INC. SHALL HAVE NO LIABILITY FOR ANY ERRORS, OMISSIONS, OR
INTERRUPTIONS THEREIN. VICTORY MEDIA, INC. MAKES NO WARRANTY, EXPRESS OR IMPLIED, AS TO RESULTS TO BE OBTAINED FROM THE USE OF THE
INDEX. VICTORY MEDIA, INC. MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES OF MERCHANTABILITY OR
FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE INDEX OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITING ANY OF THE
FOREGOING, IN NO EVENT SHALL VICTORY MEDIA, INC. HAVE ANY LIABILITY FOR ANY SPECIAL, PUNITIVE, INDIRECT, OR CONSEQUENTIAL DAMAGES
(INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THE POSSIBILITY OF SUCH DAMAGES.
VICTORY MEDIA, INC. DOES NOT SPONSOR, ENDORSE, SELL, OR PROMOTE THE ETF. A DECISION TO INVEST IN THE ETF SHOULD NOT BE MADE IN
RELIANCE ON ANY OF THE STATEMENTS SET FORTH IN THIS DOCUMENT. PROSPECTIVE INVESTORS ARE ADVISED TO MAKE AN INVESTMENT IN THE ETF
ONLY AFTER CAREFULLY CONSIDERING THE RISKS ASSOCIATED WITH INVESTING IN THE ETF, AS DETAILED IN THE PROSPECTUS THAT IS PREPARED BY
OR ON BEHALF OF ETC, THE ISSUER OF THE ETF. VICTORY MEDIA, INC. HAS LICENSED CERTAIN MARKS AND OTHER DATA TO UBS AND ITS AFFILIATES
FOR USE IN THE INDEX AND IN CONNECTION WITH THE ETF AND THE BRANDING OF THE INDEX AND THE ETF, BUT IS NOT INVOLVED IN THE
CALCULATION OF THE INDEX OR THE ETF, THE CONSTRUCTION OF THE INDEX’S OR THE ETF’S METHODOLOGY OR THE CREATION, SALE OR OFFERING OF
THE ETF, AND MAKES NO REPRESENTATIONS OR WARRANTIES WITH RESPECT TO THE INDEX OR THE ETF.
UBS specifically prohibits the redistribution or reproduction of this material in whole or in part without the prior written
permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.
© UBS 2017. The key symbol, UBS and InsightShares are among the registered and unregistered trademarks of UBS. Other marks may
be trademarks of their respective owners. All rights reserved.
UBS
Media:
Erica Chase, 1-212-713-1302
erica.chase@ubs.com
or
Investor
1-833-627-2417
insightshares@ubs.com
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