Active Alts Contrarian ETF (NASDAQ:SQZZ) Rings the NASDAQ Closing Bell to Celebrate Being the First Active ETF of Its Kind

Today the Active Alts Contrarian ETF (SQZZ), a first of its kind actively managed exchange-traded fund, rings the closing bell at the NASDAQ Stock Market. The fund's principal investment strategy is to seek capital appreciation by purchasing companies that it believes are subject to a short squeeze. In turn, the fund lends the hard-to-borrow securities to generate income. SQZZ is managed by Strategy Shares, who already has a solid history of sub advising and raising funds for Active ETF products. This fund, which began trading on NASDAQ in March of this year, brings hedge fund level expertise to investors in the form of an actively managed, alternative style ETF.

"SQZZ is the first '40 Act fund to employ the novel strategy of capitalizing on ‘short squeeze' opportunities," said Portfolio Manager Brad Lamensdorf. "The fund also seeks to generate income by receiving interest for lending securities."

The SQZZ ETF portfolio manager screens securities that are highly shorted to seek unexpected values. In June 2017, SQZZ's board of directors reduced the management fee to 1.25%*, implemented a higher lending capability, and transitioned to a quarterly dividend payout.

The fund is wholesaled by ETF Managers Group (ETFMG) of Summit, N.J., who has a proven track record of raising 2 billion in assets through its wholesale efforts.

For more information on Active Alts Contrarian ETF (SQZZ) contact ETF Managers Group: info@etfmg.com

* The Gross Expense Ratio is 3.11%; and the Net Expense Ratio is 1.95%, which will contractually remain in effect until at least August 31, 2018.

About The Active Alts Contrarian ETF (NASDAQ; SQZZ)

The Active Alts Contrarian ETF (NASDAQ; SQZZ), a first-of-its-kind actively managed ETF, seeks capital appreciation by investing in companies with solid fundamentals that have very large short positions and are subject to a short squeeze. As a secondary investment strategy, the ETF hedges its portfolio by lending out these hard-to-borrow securities in an effort to earn a stream of interest income payments.

About ETF Managers Group (ETFMG)

ETFMG is a leading Exchange Traded Funds (ETF) private label services company. ETFMG offers a full range of ETF product services to the asset management community including commodity pool ETPs as well as both active and passive ETF funds. The services provided include product operations, regulatory, financial and compliance management. ETF Managers Group offers active marketing and dedicated wholesale services for all ETF product types. For more information on ETF Managers Group visit www.etfmg.com.

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund's website at www.activealts.com Please read the prospectus carefully before you invest.

There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. The Fund may invest in (or short) ETFs, ETNs and ETPs.

The Fund's investment strategy seeks to invest in stocks in which a significant amount of market participants have taken short positions, when the market participants believe the value of these stocks will decline in the future. If these market participants are correct, the value of stocks in which the Fund invests will decrease, and the Fund will lose money on its investments.

Due to the practice of lending securities, the Fund may lose the opportunity to sell some of its securities at a desirable price.

The Fund's portfolio is actively managed, and will likely have a higher portfolio turnover rate than non-actively managed portfolios.

The Fund is distributed by Foreside Fund Services, LLC, which is not affiliated with ETFMG.

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