BullMark LatAm Select Leaders ETF, Recon Capital DAX Germany ETF, Recon Capital NASDAQ 100 Covered Call ETF and Recon Capital USA Managed Risk ETF, which are exchange-traded funds (ETFs) that make up theRecon Capital Series Trust, announced that, at the shareholder meeting held today, each ETF’s shareholders of record as of December 1, 2016, approved a new investment advisory agreement between the Trust, on behalf of each ETF and Recon Capital Advisors, LLC; and the election of a John L. Jacobs, a previously appointed Trustee, to the Trust’s Board of Trustees.

Important Information

You should consider a Fund’s investment objectives, risks, and charges and expenses carefully before investing. Contact Recon Capital Advisors at 1-844-RC-FUNDS/1-844-723-8637 or visit www.ReconFunds.com to obtain a prospectus which contains this and other information about the Funds. The prospectus should be read carefully before investing. Shares are bought and sold at market price (not NAV), are not individually redeemable, and owners of the Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, consisting of 50,000 Shares. Investing in the Funds involves risk, including possible loss of principal.

The Funds’ Shares are distributed by Foreside Distributors LLC, which is not affiliated with Recon Capital Advisors, LLC or any of its affiliates.