TXSE ETP Information Circular

The Exchange will commence trading in shares of the exchange-traded funds (“Funds”) listed in the document linked below pursuant to Exchange Rule 14.001(b) and Rule 19b-4(e) under the Securities Exchange Act of 1934.

Description of the Fund

For further information on the Funds, including investment strategies, risks, fees, and redemption procedures, members are referred to the prospectus (“Prospectus”) of each Fund. The Prospectus and other information are available on the issuer’s website and on the SEC’s website at www.sec.gov.

Trading and Settlement

• Exchange Hours:

• Settlement: Regular-way (T+1)
• Clearing Agency: NSCC/DTCC
• Exchange Code: TXSE

Member Firm Responsibilities

Members are reminded of the following obligations:

1. Suitability: Trading in the Funds on the Exchange will be subject to Rule 3.007. Members must ensure recommendations are suitable for their customers.
2. Prospectus Delivery: Pursuant to federal securities laws, a Prospectus must be delivered to investors purchasing shares of the Funds.
3. Supervision: Members must establish and maintain written supervisory procedures to ensure compliance with applicable securities laws and Exchange rules.
4. Surveillance: Transactions will be subject to Exchange surveillance and applicable regulatory reporting requirements.

Risks

Investment in the Funds involves risk, including possible loss of principal. Shares of the Funds are not individually redeemable and may only be created or redeemed in large aggregations known as “Creation Units.” Investors should consult the Prospectus for a full discussion of risks.

Contact Information

Questions regarding this circular may be directed to:

This Product Circular is not a prospectus. Investors should consult the Prospectus and related offering documents for complete information regarding the Funds.