Man Active Trend Enhanced ETF

Commissions, management fees and expenses all may be associated with investing in the Fund. The Funds’ returns are not guaranteed, their values change frequently, and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.

• Not FDIC Insured • No Bank Guarantee • May Lose Value

Investing involves risk, including possible loss of principal.

Risk Summary

The Fund may not achieve its investment objective and an investment in the Fund is not by itself a complete or balanced investment program. An investment in the Fund involves the risk of total loss. In addition to these risks, the Fund is subject to a number of additional principal risks that may affect the value of its shares.

Derivatives Risk - Derivatives may be more sensitive to changes in market conditions and may amplify risks.

Commodities Risk - Exposure to the commodities markets may subject the Fund to greater volatility due to fluctuating demand, supply disruption, speculation and other factors. The value of commodity-linked derivative investments may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or factors affecting a particular industry or commodity, such as drought, floods, weather, epidemics, pandemics, embargoes, tariffs and international economic, political and regulatory developments. When the Fund uses derivatives such as futures or forwards that are linked to commodities, there is a risk that, were there to be an error in closing out the relevant position in time, the Fund might be required to take physical delivery of such commodities, or arrange for another party to take delivery on short notice, with resulting additional costs.

Portfolio Turnover Risk - The Fund may actively and frequently trade all or a significant portion of the Fund’s holdings. A high portfolio turnover rate increases transaction costs, which may increase the Fund’s expenses. Frequent trading may also cause adverse tax consequences for investors in the Fund due to an increase in short-term capital gains.

Foreign and Emerging Markets Risk - Investments in foreign securities may involve risks such as social and political instability, market illiquidity, exchange-rate fluctuations, a high level of volatility and limited regulation. Investing in emerging markets involves different and greater risks, as these countries are substantially smaller, less liquid, and more volatile than securities markets in more developed markets.

ETF Risk - ETFs are subject to additional risks that do not apply to conventional mutual funds, including the risks that the market price of an ETF's shares may trade at a premium or discount to its net asset value, an active secondary trading market may not develop or be maintained, or trading may be halted by the exchange in which they returns.

Fixed-Income Securities Risk - Fixed-income securities are subject to the risk of the issuer’s inability to meet principal and interest payments on its obligations (i.e. credit risk) and are subject to price volatility resulting from, among other things, interest rate sensitivity (i.e. interest rate risk), market perception of the creditworthiness of the issuer and general market liquidity (i.e. market risk).

New Fund Risk - The Fund is a new fund, with a limited or no operating history and a small asset base. There can be no assurance that the Fund will grow to or maintain a viable size.

Non-Diversification Risk - The Fund is non-diversified, which means that it may invest a greater percentage of its assets than a diversified mutual fund in the securities of a limited number of issuers.

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The Man Active Trend Enhanced ETF is distributed by Foreside Financial Services, LLC., a registered broker-dealer and FINRA member.