RiverPark Capital, LLC - Focused Large Cap Growth Fund Data

RP Growth
as of 07/30/2010
TICKER: RPX
NAV: $26.95
MARKET PRICE*: $26.79
FUND DATA >>
RP Focused Lrg Cap Gr
TICKER: RWG
NAV: $26.58
MARKET PRICE*: $26.53
FUND DATA >>
RP Technology
TICKER: RPQ
NAV: $28.49
MARKET PRICE*: $28.82
FUND DATA >>
RP Financials
TICKER: RFF
NAV: $25.06
MARKET PRICE*: $25.01
FUND DATA >>

Grail Advisors Actively Managed ETFs

Investment Objective

Long-term capital appreciation.

Principal Investment Strategies

RP Focused Large Cap Growth ETF seeks long-term capital appreciation by investing at least 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of large capitalization companies that Wedgewood, the ETF’s sub-adviser, believes have above-average growth prospects. learn more>>

Performance

Fund Performance PDF

Fund Facts

Fund Fact Sheet PDF

Details as of 07/30/2010

NAV	$26.58
Market Price*	$26.53
Prem/Disc	(0.21%)
Bid/Ask Midpoint	$26.53
Last Trade Price	$26.59
Volume	2,999
CUSIP	384742 409
Ticker	RWG
IOPV**	RWG.IV
Exchange	NYSE Arca
Net Expense Ratio	0.89%
Gross Expense Ratio	0.89%
Benchmark	S&P 500, Russell 1000 Growth
**A calculation disseminated by the stock exchange that approximates the Fund's NAV every 15 seconds throughout the trading day.

Holdings (19 total) as of 07/30/2010, subject to change

APPLE INC	AAPL	8.95%
BANK OF NEW YORK CASH RESERVE		8.76%
VISA INC	V	7.23%
GILEAD SCIENCES INC	GILD	7.12%
GOOGLE INC	GOOG	6.79%
QUALCOMM INC	QCOM	6.77%
EXPRESS SCRIPTS INC	ESRX	6.11%
AMERICAN EXPRESS CO	AXP	5.16%
GOLDMAN SACHS GROUP INC/THE	GS	4.80%
PEPSICO INCORPORATED	PEP	4.53%
EXPEDITORS INTERNATIONAL WASHI	EXPD	4.51%
LINEAR TECHNOLOGY CORP	LLTC	4.45%
VARIAN MEDICAL SYSTEMS INC	VAR	4.27%
ECOLAB INC. (ECL)	ECL	3.94%
COGNIZANT TECHNOLOGY SOLUTIONS	CTSH	3.80%
EMC CORP/MASSACHUSETTS	EMC	3.76%
STERICYCLE INC	SRCL	3.66%
JACOBS ENGINEERING GROUP INC	JEC	3.02%
AMAZON.COM INC	AMZN	2.55%

S&P 500 - The S&P 500 Index is a capitalization-weighted index of 500 widely traded stocks. Created by Standard & Poor's, it is considered to represent the performance of the stock market in general. It is not an investment product available for purchase.

Russell 1000 Growth - The Russell 1000 Growth Index measures the performance of the large-cap growth segment of the U.S. equity universe. It includes those Russell 1000 companies with higher price-to-book ratios and higher forecasted growth values.

ALPS Distributors, Inc. is not affiliated with Wedgewood.

*Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.

There are risks involved with investing in ETFs including the loss of money. Additional information regarding the risks of this investment is available by clicking the risks link above. The ETFs are new and have limited operating history. Shares are not individually redeemable. Investors buy and sell shares on a secondary market. Only market makers or “authorized participants” may trade directly with the Fund(s), typically in blocks of 50,000 shares.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The Prospectus contains this and other information. For more complete information about the Grail Advisors Actively Managed ETFs (RP Growth, RP Focused Large Cap Growth, RP Technology and RP Financials ETFs) or to obtain a Prospectus click here or call 212.484.2100. Please read the Prospectus carefully before investing.

Grail Advisors Actively Managed ETFs (RP Growth, RP Focused Large Cap Growth, RP Technology and RP Financials ETFs) are distributed by ALPS Distributors, Inc. The RP ETFs are part of the Grail Advisors ETF Trust.