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The Forensic Accounting ETF (NYSE: FLAG) Declares Quarterly Distribution

EDMOND, Okla., March 18, 2014 /PRNewswire/ -- The Forensic Accounting ETF (NYSE: FLAG) has declared its quarterly cash distribution at $0.097244 per share ($0.388976 on an annualized basis). The distribution will be paid March 21, 2014 to shareholders of record as of the close of business March 20, 2014.

FLAG Cash Distribution:
Ex-Date: Tuesday, March 18th  
Record Date: Thursday, March 20th  
Payable Date: Friday, March 21st  

Index Deletion Strategies plans to issue future distributions on a quarterly basis. Distributions are scheduled, but not guaranteed, going forward each year in March, June, September and December, with the next distribution occurring in June 2014.

About Index Deletion Strategies

Index Deletion Strategies (IDS) is a specialized research firm focused on the investment merits of forensic accounting and financial statement analysis. Based off its proprietary forensic accounting analysis, IDS created the DelVecchio Earnings Quality Index. John DelVecchio, CFA, is the managing member of Index Deletion Strategies.

About John DelVecchio

John DelVecchio, CFA, is the creator of the DelVecchio Earnings Quality Index, which is tracked by the Forensic Accounting ETF (FLAG). He is also the co-founder and co-manager of The Active Bear ETF (HDGE), an actively managed exchange - traded fund dedicated to shorting individual stocks with fundamental red flags.

John has authored the book, "What's Behind The Numbers? A Guide to Exposing Financial Chicanery and Avoiding Huge Losses In Your Portfolio." Published by McGraw – Hill in late 2012, "What's Behind The Numbers?" was named the number one investment book for 2013 by Stock Trader's Almanac.

To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date.  There is no guarantee that capital gains distributions will not be made in the future.  Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation. 

Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Fund's prospectus, which may be obtained by visiting www.flagetf.com. Read the prospectus carefully before investing.

Investing involves risk, including the possible loss of principal. The Index may include REITs. Adverse economic, business or political developments affecting real estate could have a major effect on the value of the Fund's investments in REITs. Investing in REITs may subject the Fund to risks associated with the direct ownership of real estate, such as decreases in real estate values, overbuilding, increased competition and other risks related to local or general economic conditions, increases in operating costs and property taxes, changes in zoning laws, casualty or condemnation losses, possible environmental liabilities, regulatory limitations on rent and fluctuations in rental income. In addition, REITs are subject to the possibility of failing to qualify for tax-free pass-through of income under the Internal Revenue Code and maintaining exemption from the registration requirements of the Investment Company Act of 1940, as amended.

Exchange Traded Concepts, LLC serves as the investment advisor, and Index Management Solutions, LLC serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Exchange Traded Concepts, LLC or any of its affiliates. Index Deletion Strategies have been licensed for use by Exchange Traded Concepts, LLC. FLAG Funds are not sponsored, endorsed, issued, sold, or promoted by IDS, nor does this company make any representations regarding the advisability of investing in the FLAG Funds.

SOURCE The Forensic Accounting ETF

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