AMLP Ad
NAV : $18.73market price1 : $18.74as of 11/26/2014
ENFR Ad
NAV : $29.93market price1 : $29.94as of 11/26/2014

AMLP and ENFR Risks

1 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.

The Alerian MLP ETF and the Alerian Energy Infrastructure ETF Shares are not individually redeemable. Investors buy and sell shares of the Alerian MLP ETF and the Alerian Energy Infrastructure ETF on a secondary market. Only market makers or "authorized participants" may trade directly with the ETF, typically in blocks of 50,000 shares.

Correlation - A statistical measure of how two securities move in relation to each other.

MLP - Master Limited Partnership; ETF - Exchange Traded Fund

The Alerian MLP ETF is taxed as a regular corporation for federal income tax purposes. This differs from most investment companies, which elect to be treated as “regulated investment companies” under the Code in order to avoid paying entity level income taxes.

If an MLP in the Alerian Energy Infrastructure ETF portfolio is deemed a corporation rather than a partnership for federal income tax purposes, then the income would be subject to federal taxation at the entity level, reducing the amount of cash available for distribution to the fund which could result in a reduction of the fund’s value.

There are risks involved with investing in ETFs including the loss of money. Additional information regarding the risks of this investment are available in the Alerian MLP ETF risks or the Alerian Energy Infrastructure ETF risks.

The Alerian Energy Infrastructure ETF is a new product with a limited operating history.

An investor should consider the investment objectives, risks, charges and expenses carefully before investing. Click the link to obtain an Alerian MLP ETF prospectus or an Alerian Energy Infrastructure ETF prospectus which contains this and other information, or call 877.398.8461. Read the Alerian MLP ETF prospectus and the Alerian Energy Infrastructure ETF prospectus carefully before investing.

Performance data quoted represent past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call 877.398.8461 or click for the Alerian MLP ETF recent quarter end performance or the Alerian Energy Infrastructure ETF recent quarter end performance.

Information regarding how often the Shares of the Funds traded on the Exchange at a price above (i.e., at a premium) or below (i.e., at a discount) the net asset value of the Funds during the past calendar year can be found by clicking the link for the Alerian MLP ETF premium/discount information or the Alerian Energy Infrastructure ETF premium/discount information.

The Fund’s portfolio holdings are disclosed each day clicking the link for the Alerian MLP ETF holdings or the Alerian Energy Infrastructure ETF holdings. A description of the Trust’s policies and procedures with respect to the disclosure of the Fund’s portfolio securities is available in the Alerian MLP ETF's Statement of Additional Information and the Alerian Energy Infrastructure ETF's Statement of Additional Information.

The Alerian MLP ETF and the Alerian Energy Infrastructure ETF invests primarily in energy infrastructure companies which may be adversely affected by changes in worldwide energy prices, exploration, production spending, government regulation, changes in exchange rates and depletion of natural resources.

ALPS Portfolio Solutions Distributor, Inc. is the Distributor for the Alerian MLP ETF and the Alerian Energy Infrastructure ETF.

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