CORRECT and REPLACE Vident Funds Announce Final Capital Gains Distributions

ATLANTA – (COMMERCIAL THREAD) – Please replace the version dated December 13 with the following corrected version due to several revisions.

The updated version reads as follows:

VIDENT FUNDS ANNOUNCES FINAL CAPITAL GAINS DISTRIBUTIONS

Vident Funds announced today that there will be expected capital gains distributions for the Vident Core US Bond Strategy ETF. No distribution of capital gains is planned for the other funds in its fund family.

Please note that year-end estimates were made as of December 9, 2021 and may be subject to change depending on several factors. These factors may also cause funds that currently have no distribution of estimated capital gains to make a distribution at year end. We strongly encourage shareholders to consult their tax advisers regarding the tax consequences of such distributions.

About empty funds

The Funds’ investment advisor is Vident Advisory, LLC. The sub-advisor of the Funds is Vident Investment Advisory, LLC. Vident Financial, LLC owns the indices that underlie the Funds.

Carefully consider the investment objectives, risk factors, fees and expenses of the Funds before investing. To obtain a prospectus, visit www.videntfunds.com/literature or call 800-617-0004.

Please read it carefully before investing. Investments involve risk. The main loss is possible. The Funds carry the same risks as the underlying securities traded on an exchange throughout the day at market price. Investors’ shares are bought and sold at market price (not at NAV), may be traded at a discount or premium to NAV, and are not individually redeemed by the Funds. Regular brokerage commissions may apply. Vident funds are distributed by ALPS Distributors, Inc. ALPS is not affiliated with Vident Financial or its subsidiaries.

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