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The Funds are new and have limited operating history. An investment in the Transparent
Value Funds involves risks, including loss of principal. The Funds seek to track
a quantitative strategy index and, as a result, the Funds may have a lower return.
Transparent Value Funds are distributed by ALPS Distributors, Inc.
Investors should consider the investment objectives, risks, charges and expenses
of the Transparent Value Funds carefully before investing. To obtain a prospectus
containing this and other information of Transparent Value Funds, please contact
(888) 727-6885 or visit www.transparentvalue.com.
Read the prospectus carefully before investing.