The OPER ETF seeks to fill the return void and provide an alternative to low-yielding money market and non-yielding cash positions through high quality fixed income securities

ClearShares LLC, a wholly owned subsidiary of Clearbrook, announced today the launch of ClearShares Ultra-Short Maturity ETF (NYSE:OPER). The Fund began trading on July 11, 2018 on the NYSE Arca with $10M in AUM.

ClearShares Ultra-Short Maturity ETF (the “Fund”) is an actively managed portfolio seeking current income by investing in repurchase “repos” agreements, collateralized by U.S. Treasuries and U.S. Government Securities. The level of return on the Fund will track prevailing short-term rates. As interest rates rise so could the return paid on the Fund.

“Clearbrook has been on the forefront of introducing innovative solutions to the marketplace that helps investors of all sizes to participate in order to help meet their investment goals,” said Elliott Wislar, CEO of Clearbrook. “The OPER ETF is suitable for all investors, particularly high-net-worth, small to mid-sized corporations and institutions seeking higher returns on their cash assets.”

“Since the ‘Great Recession’ of 2008, short-term fixed income and cash like funds have provided a nominal return – close to zero percent. The ClearShares Ultra-Short Maturity ETF seeks to fill the return void and provide an alternative to low-yielding money market and cash positions,” said Tom Deegan, Chief Operating Officer of Clearbrook. “Investors can purchase shares in the Fund with a minimum $100 investment.”

About ClearShares

ClearShares LLC is a wholly owned subsidiary of Clearbrook, an independent, privately held investment management and advisory firm. ClearShares provides transparent, actively managed, forward-looking investment solutions for all investors. ClearShares’ cost-effective, product-based approach emphasizes consistency, long-term return and risk mitigation. For more information, visit http://www.clear-shares.com/.

The ETFs investment objectives, risks, charges and expenses must be considered carefully before investing. The ClearShares prospectus and summary prospectus contains this and other important information about the investment company, and it may be obtained by calling 212.359.0290, or visiting www.clear-shares.com. Please read the prospectus carefully before you invest or send money.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may be only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns. Additional risks include, but are not limited to investments in debt securities including high yield and mortgage and asset backed securities, foreign and emerging markets securities, REITs, MLPs, small-‐and mid-‐cap securities, and investment in other ETFs. The fund invests in other investment companies and bears its proportionate share of fees and expenses and underlying risks of other investment companies. Please refer to the prospectus for additional risks of investing in the fund.

The ClearShares Ultra-Short Maturity ETF (OPER) is distributed by Quasar Distributors, LLC.

Press:LJOPRRosalia Scampoli, 212-404-2395rscampoli@ljopr.com

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