AltShares Trust - AltShares Event-Driven ETF

AltShares Trust - AltShares Event-Driven ETF is an exchange traded fund launched and managed by Water Island Capital, LLC. The fund invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests in stocks of companies operating across diversified sectors. It invests in event-driven/arbitrage stocks of companies across diversified market capitalization. For its fixed income portion, the fund invests in debt securities. It employs long/short strategy to create its portfolio. The fund employs fundamental analysis to create its portfolio. The fund seeks to benchmark the performance of its portfolio against the Bloomberg U.S. Aggregate Bond Index, the ICE BofA U.S. 3-Month Treasury Bill Index and the Standard & Poor's 500 Index. AltShares Trust - AltShares Event-Driven ETF was formed on December 31, 2014 and is domiciled in the United States.