North Shore Global Uranium Mining ETF - Surpasses $125 Million in Assets; Baseload, Carbon-Free Nuclear Gains Attention in Climate Debate

"We are gratified to see the growth of URNM over the past year which underscores our strategy of providing investors with access to products that aim to give them exposure to non-traditional sources of alpha³," said J. Garrett Stevens, CEO of Exchange Traded Concepts and advisor to the fund. "We look forward to continuing our relationship with Tim and North Shore and to bring this exciting investment opportunity to a broader audience of investors," added Mr. Stevens.

¹ Our team performed a comprehensive analysis on the supply and demand of uranium across the globe. Based on our estimates, uranium supply totals 170MM lbs. However, demand seems to be closer to 200MM lbs. Our estimate was based on an analysis of all current and prospective uranium mines, as well as all operating, under construction, and proposed nuclear reactors in the world. We believe current production is not enough to supply existing demand, let alone the potential future growth. The supply deficit has been filled by a reduction in inventories.
² Beta is a measure of how an individual asset moves, on average, when its benchmark increases or decreases.
³ Alpha is a measure of the return of an investment above its benchmark return.

Risk Disclosure and Important Information
Exchange Traded Concepts, LLC serves as the investment advisor. The Fund is distributed by SEI Investments Distribution Co. (1 Freedom Valley Drive, Oaks, PA 19456), which is not affiliated with Exchange Traded Concepts, LLC, North Shore Indices, or any affiliates. Check the background of SIDCO on FINRA's BrokerCheck.

Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's full or summary prospectus, which may be obtained by visiting urnmetf.com.

Investors should read it carefully before investing or sending money. Investing involves risk, including possible loss of principal. In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments, investments in smaller companies, and those in commodities typically exhibit higher volatility. Issuers in energy-related industries can be significantly affected by fluctuations in energy prices and supply and demand of energy fuels.

Commodity prices may be influenced or characterized by unpredictable factors, including high volatility, changes in supply and demand relationships, weather, agriculture, trade, changes in interest rates and monetary and other governmental policies, action and inaction. Uranium Companies may be significantly subject to the effects of competitive pressures in the uranium business and the price of uranium. The price of uranium may be affected by changes in inflation rates, interest rates, monetary policy, economic conditions and political stability. The price of uranium may fluctuate substantially over short periods of time; therefore the Fund's share price may be more volatile than other types of investments. In addition, they may also be significantly affected by import controls, worldwide competition, liability for environmental damage, depletion of resources, mandated expenditures for safety and pollution control devices, political and economic conditions in uranium producing and consuming countries, and uranium production levels and costs of production. Demand for nuclear energy may face considerable risk as a result of, among other risks, incidents and accidents, breaches of security, ill-intentioned acts of terrorism, air crashes, natural disasters, equipment malfunctions or mishandling in storage, handling, transportation, treatment or conditioning of substances and nuclearm materials.

There is no guarantee the fund will achieve its stated objective. Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index. The fund is non-diversified.

Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 PM Eastern time and do not represent the returns you would receive if you traded shares at other times. The first trading date is typically several days after the fund inception date. Therefore, NAV is used to calculate market returns prior to the first trade date because there is no bid/ask spread until the fund starts trading.

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SOURCE Exchange Traded Concepts, LLC