497 1 ea0201580-01_497.htm 497

 

EXCHANGE LISTED FUNDS TRUST

 

Bancreek U.S. Large Cap ETF (NYSE Arca Ticker Symbol: BCUS)

 

(the “Fund”)

 

Supplement dated March 11, 2024, to the Fund’s currently effective

Statement of Additional Information (“SAI”)

 

This supplement provides new and additional information beyond that contained in the SAI for the Fund and should be read in conjunction with those documents.

 

Effective immediately, the table in the section of the Fund’s SAI titled “MANAGEMENT OF THE TRUST” listing the Trustee Compensation is deleted in its entirety and replaced with the following:

 

Name

Aggregate

Compensation

Pension or
Retirement
Benefits
Accrued as Part
of
Fund Expenses
Estimated
Annual
Benefits
Upon
Retirement
Total Compensation from
the Trust
and Fund Complex1
Interested Trustee
Richard Hogan2 $0 N/A N/A $0 for service on 1 board
J. Garrett Stevens3 $0 N/A N/A $0 for service on 1 board
Independent Trustees
Timothy Jacoby $85,000 N/A N/A $185,000 for service on 2 boards
Linda Petrone $75,625 N/A N/A $166,250 for service on 2 boards
Stuart Strauss $71,250 N/A N/A $157,500 for service on 2 boards

1 The fund complex includes each series of the Trust and Exchange Traded Concepts Trust.

2 Mr. Hogan served as Interested Trustee of the Trust until December 5, 2023.

3 Information is as of November 30, 2023 and therefore, does not include the Trust. Mr. Stevens replaced Mr. Hogan as Interested Trustee of the Trust on December 5, 2023.