Fund Description: InfraCap MLP ETF is an actively managed exchange-traded fund or Actively Managed ETF which is a separate investment portfolio of the ETFis Series Trust I, an open-end investment management company. INVESTMENT OBJECTIVE: The InfraCap MLP ETF seeks total return. The Fund is an actively managed ETF and does not seek to replicate the performance of a specified Index. Instead, it uses an active investment strategy to seek to meet its investment objective. Capital Advisors, LLC, the Fund’s Sub-Adviser, subject to the oversight of the Advisor and the Board, has discretion on a daily basis to manage the Fund’s portfolio in accordance with the Fund’s investment objective and investment policies. FUND STRATEGY: Under normal market conditions, the Fund will invest not less than 80% of its total assets in equity securities of MLPs in the energy infrastructure sector. The Fund will focus on investing in MLPs selected by the Sub-Adviser, that, as their principal business, operate assets used in the gathering, transporting, processing, storing, refining, distributing, mining or marketing natural gas, natural gas liquids, crude oil, refined petroleum products or coal (collectively, energy products) and that trade on the NYSE or the NASDAQ. The Fund will typically focus on midstream MLPs and expects to typically invest in a portfolio of between 25 to 50 MLPs; however, there is no limit on the number of MLPs in which the Fund may invest. The Fund may also write call and put options in an effort to generate additional current income and reduce volatility in the Fund’s portfolio. The Fund may also invest in ETFs, other investment companies, options or futures contracts, or establish short positions in any of the foregoing, in an effort to hedge against market, interest rate or commodity risks in the Fund’s portfolio. Under normal circumstances, the Fund will not invest more than 15% of its total assets in any one issuer. The Fund may invest in MLP units, securities of companies holding primarily general partner or managing member interests in MLPs, securities that themselves own interests in MLPs (e.g., exchange traded funds (ETFs) and other investment companies that invest in MLPs). The Fund may also invest for speculative purposes in options or futures contracts in connection with any of the foregoing types of securities. FUND MANAGEMENT: Etfis Capital LLC serves as the Fund’s Adviser. Capital Advisors, LLC, serves as the Fund’s Sub-Adviser.