TigerShares launches its first U.S. listed ETF, the TigerShares China-U.S. Internet Titans ETF (Ticker TTTN)

NEWTOWN SQUARE,Pa.,Nov. 7,2018 -- TigerShares announced today that it has launched its first exchange-traded fund,the TigerShares China-U.S. Internet Titans ETF (Nasdaq: TTTN). TTTN tracks the Nasdaq China US Internet Tiger Index,which was created to represent the performance of internet-related leading companies in China and the U.S. TTTN is offered as a commission-free* ETF on Tiger Brokers' global platform.

Yang Xu,CEO of TigerShares commented,"Today,China and the U.S. are homes to a handful of so-called "internet titans," which are the leading companies involved in a variety of rapidly growing internet-based industries that increasingly impact people's daily lives across the globe,including e-commerce,cloud,search,social media,artificial intelligence,travel services,streaming media,online gaming,and more. The most successful internet titans enjoy first-mover advantages,scale economies,and brand dominance across multiple,high-growth categories worldwide. Investors can now invest in these market leading firms through TTTN,in a low-cost*,concentrated ETF format."

TTTN is designed to track the performance of the Nasdaq China US Internet Tiger Index,which measures the performance of 20 stocks engaged in internet-related businesses,including the 10 largest publicly-traded Chinese Internet companies and the 10 largest publicly-traded U.S. Internet companies.The index employs a modified market capitalization-weighting methodology,and is rebalanced quarterly. Some of the globally-recognized stocks in the index include U.S.-based Amazon (7.51%),Alphabet (8.36%),and Facebook (8.17%),and China-based Alibaba (7.69%),Tencent (7.43%),and Baidu (3.97%),as of 10.31.2018.

"We worked with our global index partner Nasdaq to achieve our investment objective of highly-concentrated ownership in the top 20 Chinese and U.S. firms that dominate the internet globally," said Yang. "These top-tier internet technology powerhouses reflect not only the success they have achieved in their domestic markets,but also the ongoing innovation that we believe shall keep them at the forefront of global growth in the future. If you believe in the continued growth of the internet and the new technologies and business models that support it,China and the U.S. are,in our opinion,where you will find the most successful market participants in the coming decades," he added.

Yang continued,"While we're offering TTTN with this long-term internet growth dynamic in mind for buy and hold investors,we recognize there is a lot of volatility in the internet space,which can alternate between risk-on and risk-off conditions,based on market sentiment. So we think TTTN also has a place in the toolbox of the tactical trader,who might want long global internet stocks when a positive trend is in place,but reduce exposure when they want to be more defensive or de-risk their portfolio. The beauty of the ETF is that you can tactically add or reduce risk across the whole internet sector,depending on conditions."

According to Steve Oh,the Head ETF Listings & Business Development at Nasdaq: "Companies like Amazon,Alphabet,Facebook,Alibaba,Tencent and Baidu are held by the fund. Our data shows that the stocks in the TTTN portfolio trade an average of around $27bn each day. Based on this data,large trade sizes would be relatively easy for market makers to provide because they can easily trade the underlying securities to hedge their risk and create or redeem shares to unwind risk. Consequently,large trades in TTTN should not cause significant market impact. "

Steve continued: "A different way to look at the portfolio liquidity is to assess how large a portfolio could be built if a market maker in TTTN wanted to be less than 15% of the average daily volume in any of the 20 stocks held by this ETF. The current portfolio would allow a market maker to trade over 8 million ETF shares,or $230 million dollars in TTTN."

Wu Tianhua,Founder and CEO of Tiger Brokers commented,"Tiger Broker aims to empower investors and connect them with global financial markets through technology innovation. Supported by Tiger Brokers' sophisticated FinTech platform,this new ETF trading product will provide an effective way for global stock traders to access high-growth internet trends through targeted exposure to leading companies in China and the U.S."

About TigerShares

TigerShares is an investment advisory firm that provides wealth management services to high net worth individuals,and is the investment advisor to the TigerShares China-U.S. Internet Titans ETF. TigerShares envisions creating additional ETFs that offer investors favorable prospects for long-term capital appreciation. TigerShares is the asset management arm of Tiger Brokers. Tiger Brokers is an online brokerage and fintech firm whose mobile-driven trading platforms that enables investors to trade in equities and other financial instruments on major exchanges around the world. The company's shareholders include technology giants such as Xiaomi and Interactive Brokers as well as renowned venture capital firms such as China Growth Capital and Zhen Fund.

For additional information on TigerShares and the TigerShares China-U.S. Internet Titans ETF,please visitwww.tigershares.com,or emailinfo@tigershares.com.

IMPORTANT DISCLOSURES

Investing involves risk,including possible loss of principal. There can be no assurance that a Fund will achieve its stated objectives. The value of the Fund's investments in Chinese securities will be impacted by the economic,political,diplomatic,and social conditions within China andto bemore volatile than the performance of more geographically diversified funds. China is generally considered an emerging market country and investments in Chinese securities carry the risks associated with emerging markets,as well as risks particular to the region. Investments in emerging markets may be subject to the risk of abrupt and severe price declines and their financial markets often lack liquidity. Returns on investments in foreign securities could be more volatile than,or trail the returns on,investments in U.S. securities. Certain securities held by the Fund may be difficult (or impossible) to buy or sell at the time and at the price the Fund would like due to a variety of factors,including general market conditions,the perceived financial strength of the issuer,specific restrictions on resale of the securities,infrequent trading,or lack of market participants. ETF shares are not redeemable with the issuing fund other than in large Creation Unit aggregations. Instead,investors must buy or sell ETF Shares in the secondary market with the assistance of a stockbroker. In doing so,the investor may incur brokerage commissions and may pay more than net asset value when buying and receive less than net asset value when selling. The NAV of the Fund's shares is calculated each day the national securities exchanges are open for trading as of the close of regular trading on the New York Stock Exchange ("NYSE"),normally 4:00 p.m. Eastern time (the "NAV Calculation Time"). Shares are bought and sold at market price (closing price) not NAV. Market price returns are based on the midpoint of the bid/ask spread at 4:00 pm Eastern Time (when NAV is normally determined).

The Fund is distributed by Quasar Distributors,LLC which is not affiliated with Wealthn LLC,the Investment Adviser for the Fund. Fund's investment advisor is Wealthn LLC. Cantor Fitzgerald is the fund's lead market maker.

The Nasdaq China US Internet Tiger Index is designed to track the performance of companies engaged in internet-related businesses in China and the US. The Index includes companies engaged in a broad range of internet-related services including,but not limited to internet software,internet access providers,internet search engines,web hosting,website design,and internet retail commerce. Indices are unmanaged and do not include the effect of fees. It is not possible to directly invest in an index.

The fund's investment objectives,risks,charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company,and a free hardcopy of the prospectus may be obtained by calling +1-800-614-0004. Read carefully before investing.

Fund holdings and sector allocations are subject to change at any time and are not recommendations to buy or sell any security. For current holdings of the ETF,please click here.

Diversification does not guarantee a profit or protect from loss in a declining market.

*The gross expense ratio of this ETF is 0.59%

*Tiger Brokers has contracted with TigerShares to waive trading commission for TigerShares China-U.S. Internet Titans ETF. Accounts may still be charged account fees or minimums. Investors should refer to their Tiger Brokers account agreement to determine if additional fees apply. The commission-free trades for TigerShares ETFs must be done via the Tiger Brokers' trading platform. Commission-free trades apply to all online buy and sell transactions on the TigerShares ETFs. Tiger Brokers may add or waive commissions on TigerShares ETFs without prior notice. For more information of Tiger Brokers' trading platform,please visit https://www.itiger.com/?lang=en_US. All ETFs are subject to internal management fees and expenses.