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ALPS Proposes Reorganization of Two Exchange Traded Funds

DENVER--(BUSINESS WIRE)--ALPS, a subsidiary of DST Systems, Inc. (NYSE: DST) providing products and services to the financial services industry, today announced that shareholders of record as of May 23, 2016 of the Janus Velocity Tail Risk Hedged Large Cap ETF (NYSE ARCA: TRSK) and Janus Velocity Volatility Hedged Large Cap ETF (NYSE ARCA: SPXH), each a series of ALPS ETF Trust (the Funds),will be asked to approve a reorganization of their respective Funds into newly created exchange-traded funds (ETFs) of the Janus Detroit Street Trust.