Recon Capital Partners Makes Change to the Recon Capital Nasdaq-100 Covered Call ETF (NASDAQ: QYLD) Index

Recon Capital Partners, the Greenwich, CT based provider of exchange traded funds (ETFs), has announced that after the close of trading on October 14, 2015, the Recon Capital Nasdaq-100 Covered Call ETF (NASDAQ: QYLD) will no longer be tracking the CBOE NASDAQ-100 BuyWrite Index (Symbol: BXN) and will begin tracking the CBOE NASDAQ-100 BuyWrite V2 Index (Symbol: BXNT).

CBOE NASDAQ-100 BuyWrite V2 Index measures the total return of a portfolio consisting of common stocks of the 100 companies included in the NASDAQ-100 Index and call options systematically written on those securities through a “buy-write” or covered call strategy. The BXNT index replicates the methodology used to calculate the BXN Index, with one exception: the written NASDAQ-100 Index covered call options are held until one day prior to the expiration date and are liquidated at a volume-weighted average price determined at the close. Information regarding the index can be found at http://www.cboe.com/micro/buy-write-indexes.aspx.

Current

New

ETFName

Recon Capital Nasdaq-100 Covered Call ETF(NASDAQ: QYLD)

Recon Capital Nasdaq-100 Covered Call ETF(NASDAQ: QYLD)

Index

CBOE NASDAQ-100 BuyWrite Index(Symbol: BXN)

CBOE NASDAQ-100 BuyWrite V2 Index(Symbol: BXNT)

About Recon Capital

Recon Capital Partners, LLC, is an SEC Registered Investment Adviser headquartered in Greenwich, CT that uses its investment expertise and operational infrastructures to deliver market-driven, value-added products that meet the evolving needs of global investors. Please visit ReconCapitalPartners.com for more information.

Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those Shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares.

You should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact Recon Capital Advisors at 1-844-RC-FUNDS/1-844-723-8637 or visit www.ReconFunds.com to obtain a prospectus or summary prospectus which contains this and other information about the fund. The prospectus or summary prospectus should be read carefully before investing.

The Funds are distributed by Foreside Fund Services, LLC, which is not affiliated with Recon Capital Advisors, LLC or any of its affiliates.

Investment is subject to Risk.

View source version on businesswire.com: http://www.businesswire.com/news/home/20151014006568/en/

Gregory FCA for Recon CapitalJoe Anthony, [e-mail]