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MOTLEY FOOL ASSET MANAGEMENT
YEAR-END REVIEW





We’ve set aside some time for you to talk to our team of wholesalers about our
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Motley Fool Asset Management’s ETFs are distributed by Quasar Distributors, LLC.

The investment advisor for the Fund is Motley Fool Asset Management, LLC
(“MFAM”). MFAM is a wholly owned subsidiary of Motley Fool Investment
Management, LLC, whose parent company, The Motley Fool Holdings, Inc., which is
a multimedia financial-services holding company. MFAM, an affiliate of The
Motley Fool LLC (“TMF”), is a separate legal entity. No TMF analyst is involved
in the investment decision-making or daily operations of MFAM. With respect to
its actively-managed funds, MFAM does not attempt to track any TMF services and,
as such, those funds may diverge completely from TMF’s services.

The information contained herein does not take into account the particular
investment objectives or financial circumstances of any specific person who may
receive it.

All investing involves risk. Principal loss is possible. Each of MFAM funds
invests in particular market capitalizations or qualification distinct to that
individual fund, including small cap stocks and mid cap stocks, thus each fund’s
performance will be especially sensitive to market conditions that particularly
affect that fund’s particular market. Some funds are non-diversified, which
means its NAV, market price and total returns may fluctuate or fall more than a
diversified fund. Gains or losses on a single stock may have a greater impact on
any of MFAM’s funds. For these and other reasons, there is no guarantee any of
MFAM funds will achieve its particular, stated objective.

Please consider the charges, risks, expenses, and investment objectives
carefully before you invest. Please see the prospectuses for the Motley Fool
Global Opportunities ETF, the Motley Fool Mid Cap Growth ETF, the Motley Fool
100 Index ETF, the Small Cap Growth ETF, the Motley Fool Next Index ETF, and the
Motley Fool Capital Efficiency 100 Index ETF containing this and other
information. Read it carefully before you invest or send money.

NON-U.S. RESIDENTS AND APPLICABLE LAW. The Site is hosted in the United States
of America. MFAM and their representatives may transact business only in states
where they are registered, excluded, or exempted from state registration
requirements. MFAM makes no representations or warranties that the pages or
other materials on the Site are appropriate for use outside the United States.
If you choose to access the Site from a location outside the United States, you
do so at your own risk and are responsible for complying with all applicable
local laws. No investment product or service referred to on this site is
intended to be made available in any country or other jurisdiction where such
availability (or offer or sale of such product or service) would violate
applicable laws or regulations. This Site will not be considered a solicitation
for or offering of any investment product or service to any person in any
jurisdiction where such solicitation or offering would be illegal.