FaithShares Trust to Close and Liquidate Christian Values Fund

After careful consideration, the Board of Trustees of the FaithShares Trust has determined to close and liquidate the FaithShares Christian Values Fund (FOC).

The last day of trading of the Fund’s shares on the NYSE Arca will be August 31, 2011. Shareholders may sell Fund shares through a broker in the standard manner through this date. Customary brokerage charges may apply to such transactions. The Fund will be closed to new investors as of August 31, 2011. Between August 31 and September 14, the Fund will be in the process of liquidating its portfolio assets. This will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the prospectus.

Shareholders remaining in the Fund on September 14, 2011 will have their shares redeemed automatically on this date and will receive cash in an amount equal to the net asset value of their shares as of the close of business on September 14, 2011. This amount includes any accrued capital gains and dividends. Shareholders remaining in the Fund on September 14 will not be charged any transaction fees by the Fund. The net asset value of the Fund will reflect the costs of closing the Fund.

Whether you sell your shares or are automatically redeemed on September 14, you will generally recognize a capital gain (or loss) equal to the amount you receive for your shares above (or below) or adjusted cost basis in such shares.

If you would like additional information, please call 1-877-FAITH-55 or visit www.faithshares.com.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and additional information can be found in the Funds' prospectus, which may be obtained by calling 1-877-FAITH55 (1.877.324.8455), or by visiting www.faithshares.com.Read the prospectus carefully before investing.

This information is not an offer to sell or a solicitation of an offer to buy shares of any Fund to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

Investing involves risk, including the possible loss of principal. In addition to the normal risks associated with investing, narrowly focused investments typically exhibit higher volatility.

FaithShares Funds are distributed by SEI Investments Distribution Co., which is not affiliated with FaithShares Advisors, LLC or any of its affiliates.