Nationwide Announces Fund Closures

Nationwide, the Board of Trustees of ETF Series Solutions announced that it has decided to liquidate the Nationwide Risk-Based U.S. Equity ETF and Nationwide Risk-Based International Equity ETF. Core Equity ETF (collectively, the “Funds”) after the close of business on May 26, 2022.

Nationwide recommended the liquidation and closure of the Funds following consideration of the Funds’ long-term performance and future growth prospects, among other factors.

The Funds’ last day of trading will be May 25, 2022This will be the last day authorized participants can place unit orders. On or around, the Funds will start liquidating their portfolio assets. May 17, 2022, which may cause the Funds to increase their cash holdings and deviate from the investment objectives and strategies referenced in the Funds’ prospectus. The Funds will close operations and immediately distribute any remaining proceeds among shareholders. April 26, 2022.

Shareholders who do not sell their Fund shares by this date will have their shares automatically redeemed for cash based on the applicable Fund’s net asset value (NAV). Transactions to sell Fund shares may be subject to customary brokerage fees. For information on the tax implications of liquidation, shareholders are advised to contact their tax advisor.

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