Clearbrook Rings NYSE Closing Bell(R) to Highlight Launch of ClearShares LLC OCIO ETF (NYSE: OCIO)

NEW YORK, NY--(Marketwired - Aug 30, 2017) - Elliott Wislar, CEO and Thomas Deegan, Chief Operating Officer of Clearbrook, will be ringing the NYSE Closing Bell^® today to mark the launch of ClearShares OCIO ETF (NYSE: OCIO). ClearShares LLC, a Clearbrook Company, began trading ClearShares OCIO ETF (the "Fund") on June 27, 2017. An early adopter of the Outsourced Chief Investment Officer (OCIO) model in ETF form, the Fund is an ETF of ETFs, offering access to an actively managed, diverse portfolio of passive and active index-based ETFs. It is distributed by Quasar Distributors, LLC.

"We are excited to have launched ClearShares OCIO ETF in response to the needs of our investors for an innovative solution that incorporates experienced investment management with the cost advantages, liquidity and transparency of an ETF structure," said Mr. Wislar. "Due to the positive feedback we have received on the Fund, we are looking to launch similar ETF products over the next year or two that offer investor's access to top investment talent and a broad range of traditional and alternative asset classes."

About Clearshares
Clearshares LLC is a Clearbrook company, an independent, privately held securities firm. The ClearShares OCIO ETF (the "Fund") is an innovative investment solution integrating the expertise of the Outsourced Chief Investment Officer (OCIO) with the cost advantages of an Exchange Traded Fund (ETF). The ClearShares OCIO ETF is distributed by Quasar Distributors, LLC. For more information, visit http://www.clear-shares.com/.

About Clearbrook
Clearbrook provides comprehensive, objective investment advice and solutions to institutional investors worldwide, across all asset classes, for both discretionary and non-discretionary mandates. Our business model is founded in independent thinking, disciplined research and analysis, and vision tempered with experience. Our culture is client driven, focusing on customized investment solutions for each client's unique objectives and needs. We bring actionable insights to every meeting, beginning with our first presentation. For more information, please visit www.clearbrookglobal.com.

The ETFs investment objectives, risks, charges and expenses must be considered carefully before investing. The ClearShares prospectus and summary prospectus contains this and other important information about the investment company, and it may be obtained by calling 212.359.0290, or visiting www.clear-shares.com. Please read the prospectus carefully before you invest or send money.

Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV) and may trade at a discount or premium to NAV. Shares are not individually redeemable from the Fund and may be only be acquired or redeemed from the fund in creation units. Brokerage commissions will reduce returns. Additional risks include, but are not limited to investments in debt securities including high yield and mortgage and asset backed securities, foreign and emerging markets securities, REITs, MLPs, small-‐and mid-‐cap securities, and investment in other ETFs. The fund invests in other investment companies and bears its proportionate share of fees and expenses and underlying risks of other investment companies. Please refer to the prospectus for additional risks of investing in the fund.