New Energy ETF launched with the backing and vision of T. Boone Pickens

DALLAS, Feb. 28, 2018 /PRNewswire/ -- TriLine(TM) Index Solutions, an affiliate of BP Capital Fund Advisors, today announced the launch of the NYSE(®) Pickens Oil Response(TM) ETF (NYSE: BOON), with a ticker symbol honoring the energy leadership of T. Boone Pickens. BOON aims to redefine energy investing by offering a more modern and enhanced way to obtain exposure to energy.

BOON tracks the performance of the NYSE(®) Pickens Oil Response(TM) Index, which is owned and administered by ICE Data Indices, LLC and is based on years of research and is crafted in the same innovative spirit as T. Boone Pickens' plan for American energy--the Pickens Plan. The launch of BOON will mark the eighth time Boone Pickens has been associated with an offering on the New York Stock Exchange.

"We are excited to work with the BP Capital team for the launch of BOON, a new ETF that leverages the performance of the NYSE Pickens Oil Response Index, one of ICE Data Indices' proprietary index data products. This is the first time in our history that we are unveiling an index that honors an individual, in this case T. Boone Pickens," said Dwijen Gandhi, Senior Director in ICE Data Indices.

The Index is comprised of equities highly correlated to energy, based upon the price of the global benchmark for oil, ICE Brent Crude. The Index includes not only traditional energy companies, but also firms that are "energy-intensive" end users of energy who have the potential to benefit from the abundance of U.S. supply as well as growing global demand for energy. The inclusion of end users is intended to lessen the effect of the "boom and bust" nature of commodity cycles and attempts to mitigate downsize capture while preserving upside capture. The Index is equally-weighted and reconstitutes annually while rebalancing quarterly.

"We have spent considerable time developing this methodology and are humbled to bring it to the ETF marketplace as an extension of T. Boone Pickens' legacy," said Toby Loftin, Managing Principal at TriLine Index Solutions. "We believe this approach better reflects the realities of the changes and future of global energy markets in a post-shale era."

About TriLine(TM) Index Solutions:
TriLine Index Solutions was founded as a natural evolution of BP Capital Fund Advisors' holistic approach to energy investing, as well as a response to the historic meta-shifts currently occurring throughout the global energy landscape. The dynamics of the energy value chain are shifting in the US requiring a redefinition of "energy investing." The index solutions TriLine(TM) develops reflect the current reality of innovation in energy production and changing global demand themes, and are focused on differentiated energy indices for passively-managed products.

For more information, please visit http://www.tboonetf.com/.

Investor contact: Toby Loftin, tloftin@bpcfunds.com, 214.615.3822
Media contact: Stoyan Bojinov, sbojinov@arrocomm.com, 224-622-6637
NYSE media contact: Kristen Kaus, kristen.kaus@nyse.com, 212-656-2205

Important Information:

Principal Investment Risks: You can lose money on your investment in the Fund. The Fund is a recently organized, non-diversified management investment company with no operating history. As a result, prospective investors have no track record or history on which to base their investment decision. Securities held by the Fund may be affected by fluctuations in the prices of energy commodities (particularly oil) and will be especially sensitive to developments that significantly affect certain related sectors of the economy, particularly the Energy, Industrial and Materials sectors. The Fund's investments will be concentrated in an industry or group of industries and the value of Shares may rise and fall more than the value of shares that invest securities of companies in a broader range of industries. The equity securities, including those of mid-capitalization companies, held in the Fund's portfolio may experience sudden, unpredictable drops in value or long periods of decline in value. The Fund is non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers. The Fund is not actively managed, and the Fund's sub-adviser would only sell shares of an equity security if that security is removed from the Index or the removal of that security is otherwise required upon a reconstitution of the Index in accordance with the Index methodology.

ETF shares are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Principal Investment Risks."

BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER THE FUND'S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS, A COPY OF WHICH MAY BE OBTAINED FROM (214) 615-3828. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.

Foreside Fund Services, LLC - Distributor, not affiliated with TriLine Index Solutions, LLC.

NYSE(®) is a trademark of ICE Data Indices, LLC or its affiliates ("ICE Data") and has been licensed, along with the NYSE Pickens Oil Response Index ("Index") for use by with TriLine Index Solutions, LLC ("TriLine") in connection with the NYSE Pickens Oil Response(TM) ETF (the "Fund"). Neither TriLine nor the Fund, is sponsored, endorsed, sold or promoted by ICE Data. ICE Data makes no representations or warranties regarding the advisability of investing in securities generally and in the Fund particularly or the ability of the Index to track general stock market performance. For the full copy of the disclaimer please refer to the Fund's Prospectus.

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SOURCE BP Capital Fund Advisors