Mutual Fund Summary Prospectus (497k)
March 01 2013 - 4:47PM
Edgar (US Regulatory)
EGA Emerging Global Shares Trust
Supplement dated March 1, 2013
to the Prospectuses and Statements of Additional
Information for all series of EGA Emerging Global Shares Trust
Effective March 1, 2013, Emerging Global Advisors, LLC (“EGA”)
has become the sole investment adviser to all of the series in the EGA Emerging Global Shares Trust (“Trust”). On February
28, 2013, the Board of Trustees for the Trust accepted the resignation of ALPS Advisors, Inc. (“ALPS”) as investment
adviser to certain series of the Trust (“Funds”). In its capacity as sole investment adviser to the Funds, EGA will
continue to provide the services and receive the compensation set forth under its existing advisory agreement with the Trust. All
references to ALPS in its advisory capacity within the Trust’s Prospectuses and Statements of Additional Information are
hereby removed.
Effective April 1, 2013, EGA will replace the current fee and expense
structure with a unified fee (“Unified Fee”) for all of the series of the Trust. Under the Unified Fee, EGA will take
on a contractual obligation to pay all ordinary operating expenses of the series of the Trust without any increase in EGA’s
advisory fee. The series of the Trust are currently obligated to pay these expenses, although EGA has entered into annual voluntary
expense waiver and reimbursement agreements that typically cap a series’ ordinary operating expenses at the same rate as
EGA’s advisory fee. Under the Unified Fee, EGA shall pay all of the expenses of each series of the Trust, except for the
fee payment under the investment advisory agreements between EGA and the Trust, payments under each series’ 12b-1 plan, brokerage
expenses, taxes, interest, litigation expenses and other non-routine or extraordinary expenses.
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Please keep this supplement for future reference.