Saba Closed-End Funds ETF

Cboe: CEFS

Listed March 21, 2017

The Fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by normally investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities issued by closed-end funds and/or in instruments designed to hedge against the Funds exposure to interest rates.

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About Saba Capital

Saba Capital Management, L.P. ("Saba") is the sub-advisor to the Saba Interest Rate Hedged CEF ETF (CEFS). Saba Capital Management, L.P. is an Investment Advisor launched in 2009 that currently manages over $1.7 billion in assets. Saba's investors are predominately institutions and include corporate pensions, public pensions, foundations, fund of funds, endowments, and family offices. Saba has 44 employees and is 100% self-owned. Saba is headquartered in the historic Chrysler Building in New York, with an investment office in London.