Highland HFR Event-Driven ETF (DRVN) – NexPoint Asset Management, L.P.

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Highland Capital Management Fund Advisors, L.P., investment adviser to Highland HFR Event-Driven ETF (the “Fund”), announced on April 1, 2016 that it will be closing and liquidating the Fund effective April 11, 2016. On April 15, 2016, the Fund made a final liquidating distribution to shareholders in the amount of $2,465,715.00 or $16.4381 per share.

For more information, please see the press release here. For questions regarding the liquidation, please contact SEI Shareholder Services at 1-855-799-4757.

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