Renaissance IPO ETF - Notice of Quarterly Distribution

March 21, 2014

Renaissance Capital announces the declaration of the quarterly distribution for the Renaissance IPO ETF.

The Renaissance IPO ETF (Ticker: IPO) will pay a dividend of $0.00711 per share for the quarter ending March 31, 2014.

The following dates apply to today's distribution declarations:

Ex-Dividend Date: March 21, 2014
Record Date: March 25, 2014
Payable Date: March 31, 2014