TERMS AND CONDITIONS

PLEASE READ THESE TERMS OF USE (THE “TERMS”) CAREFULLY BEFORE ACCESSING GRANITESHARES.COM (THE “WEBSITE”). BY ACCESSING THE WEBSITE, YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS AND AGREE TO BE BOUND BY THEM. THESE TERMS ARE SUBJECT TO CHANGE WITHOUT NOTICE, FROM TIME TO TIME IN OUR SOLE DISCRETION. WE SUGGEST THAT YOU REVIEW THE MOST CURRENT VERSION OF THE TERMS EACH TIME YOU VISIT THE WEBSITE. YOU ACKNOWLEDGE THAT BY ACCESSING OUR WEBSITE AFTER WE HAVE POSTED CHANGES TO THESE TERMS, YOU ARE AGREEING TO THESE TERMS AS MODIFIED. IF YOU DO NOT AGREE WITH THESE TERMS, YOU MAY NOT ACCESS THE WEBSITE.

When we refer to ourselves as “we” or “GraniteShares” in these Terms, we mean our entire company including our affiliates, such as subsidiaries. The term Website includes any other website or mobile application owned, operated, licensed, or controlled by GraniteShares. The term "you" means you and any entity you may represent in connection with the use of the Website, and “your” has the correlated meaning. Nothing contained in these Terms is intended to modify or amend any other written agreement (including without limitation any customer agreement, participation agreement or account agreement) ("Other Agreements") if any, that may currently be in effect between you and GraniteShares. In the event of any inconsistency between these Terms and any Other Agreements, the Other Agreements shall govern. You may use your browser to download or print out a copy of these Terms for your records.

These Terms were last updated on June 11, 2020.

Before investing, consider the investment objectives, risks, charges and expenses of the ETF. Please contact us for the applicable prospectus or disclosure document. Past performance does not guarantee future results. Please remember that there is no assurance that the objective of any investment will be achieved.

An investment in an ETF is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

1. No investment advice or recommendations

The Website and its content are provided as a service to the customers of GraniteShares and are for informational and educational purposes only. You are solely responsible for evaluating the risks and merits regarding the use of the Website and any services provided therein.

Nothing on or in the Website shall be considered a solicitation, recommendation, endorsement or offer by GraniteShares to buy or sell any security or other financial instrument or to offer or provide any investment, tax, financial or legal advice or service to any person in any jurisdiction. Any overviews or tools provided through the Website are intended to be general in nature. While intended to be helpful, these overviews and tools are no substitute for professional tax, financial or legal advice. Investors should seek such professional, financial or legal advice for their particular situation. Decisions based on information contained or provided through the Website are your sole responsibility and at your own risk.

If you wish to obtain further details about any information contained in our Website, please select or click here to contact us.

The views expressed through the Website were prepared by GraniteShares based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

2. Jurisdictional issues and applicable law

Unless otherwise specified, GraniteShares controls, operates and services the Website from our offices within the State of New York, United States of America. The services and products described and information provided through the Website are directed to and are intended to be made available only to persons in the United States and are not intended for distribution to, or use by, any person in any other country or any jurisdiction where such distribution or use would be contrary to law or regulation or that would subject GraniteShares, any of its funds, or any of its affiliated persons to any registration requirement within such jurisdiction or country. Persons who access the Website do so on their own initiative, and are responsible for compliance with applicable local laws or regulations.

The laws of the State of New York and applicable U.S. federal law shall govern these Terms. If you take legal action relating to these Terms, you agree to file such action only in state court in New York County, New York or federal court within the Southern District of New York, and you consent and submit to the personal jurisdiction of those courts for the purposes of litigating any such action.

3. Monitoring of web site

GraniteShares expressly reserves the right to monitor any and all use of the Website. GraniteShares is under no obligation to do so and assumes no responsibility or liability arising from the use of the Website.

4. Copyrights, Trademarks and restrictions on use of materials

GraniteShares owns and operates the Website. All information and materials contained on the Website are subject to copyright and/or trademark protection laws and are provided solely for your personal non-commercial or internal business use. All content and tools on the Website are owned by GraniteShares, except content clearly identified with other persons, which is the property of their respective owners. All trademarks, service marks, and trade names displayed on the Website are proprietary to GraniteShares, except those clearly identified with other persons, which are the property of their respective owners. The use or misuse of any copyrighted material, trademarks or any other materials on the Website, except as permitted herein, is expressly prohibited and may be in violation of law.

5. Onsite Tools

The tools provided on the Website (the “Tools”) are provided for informational and educational purposes only. You are solely responsible for evaluating the risks and merits regarding the use of the Tools. As between you and GraniteShares, GraniteShares owns all intellectual property rights, including all copyrights, in the Tools. GraniteShares hereby grants you a limited, non-exclusive and revocable license to access and make personal use of the Tools, but you may not modify them, or perform any of the actions described in Section 10 with respect to the Tools, without the express prior written consent of GraniteShares. These Terms apply in full to the Tools.

6. Account Login

Certain portions of the Website are protected by passwords or require a login and are restricted to authorized users only. You may not obtain unauthorized access to such parts of the Website, or to any other protected materials or information, through any means not made intentionally available to you by GraniteShares. Additional terms and conditions may apply to products and services delivered after accessing such portions of the Website. These Terms, including the terms set forth in Section 11, regarding passwords and security apply in full to such portions of the Website.

7. Copyright agent

GraniteShares respects the intellectual property rights of others, and we ask all those that access the Website to do the same. Pursuant to Section 512(c)(2) of the Copyright Revision Act, as enacted through the Digital Millennium Copyright Act, GraniteShares designates an agent as described below, to receive notifications of claimed infringement. If you reasonably believe that your work has been copied in a way that constitutes copyright infringement, please provide GraniteShares' Copyright Agent the following information:

1. an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright interest;
2. a description of the copyrighted work that you claim has been infringed;
3. a description of where the material that you claim is infringing is located on the Website;
4. your address, telephone number, and email address;
5. a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law;
6. a statement by you, made under penalty of perjury, that the above information in your notice is accurate and that you are the copyright owner or authorized to act on the copyright owner's behalf.

GraniteShares' Copyright Agent for Notice of claims of copyright infringement on its site can be reached as follows:

By mail:

Copyright Agent
c/o GraniteShares Inc
222 Broadway  – 21st Floor
New York, NY 10038

By phone:

844-476-8747

By email:

info@graniteshares.com

8. Third Party Content

GraniteShares may make available links from the Website to other, third party sites or electronic services providers that are not affiliated with GraniteShares or you may have accessed this Website from the sites of other unaffiliated third parties or electronic service providers who have links to any pages of this Website. GraniteShares does not control these other sites or services, and GraniteShares makes no representations or endorsements whatsoever concerning those sites or services. The fact that GraniteShares has provided a link to a site is not an endorsement, authorization, sponsorship, or affiliation with respect to such site, its owners, or its providers. There are risks in using any information, software, service or product found on the Internet, and GraniteShares cautions you to make sure you understand these risks before retrieving, using, relying upon, or purchasing anything via the Internet. You agree that under no circumstances will you hold GraniteShares liable for any loss or damage caused by use of or reliance on any content, goods or services available on other sites.

9. Limited License and Website Access; All Rights Reserved

GraniteShares hereby grants you a limited, non-exclusive and revocable license to access and make personal use of the Website, but not to download (other than page caching and mobile applications to authorized platforms) or modify them, or any portion of them, except with the express prior written consent of GraniteShares. We (or the respective third party owners of related content) retain all right, title, and interest in the Website and any content, features, tools and services offered on the Website, including any and all intellectual property rights. We (or the respective third party owners of content in or on the Website) reserve all rights not expressly granted. Any unauthorized use, including but not limited to those described in Section 10 below, terminates the permission or license granted by GraniteShares hereby. GraniteShares may suspend or terminate your access to the Website for any reason, without prior notice. GraniteShares reserves the right to alter or delete materials from the Website at any time at its discretion.

10. Restrictions and Prohibited Uses

Any use or attempted use of the Website (i) for any unlawful, unauthorized, fraudulent or malicious purpose, or (ii) that could damage, disable, overburden, or impair any server, or the network(s) connected to any server, or (iii) that could interfere with any other party's use and enjoyment of the Website, or (iv) to gain unauthorized access to any other accounts, computer systems or networks connected to any server or systems through hacking, password mining or any other means, or (v) to access systems, data or information not intended by GraniteShares to be made accessible to a user, or (vi) to obtain or attempt to obtain any materials or information through any means not intentionally made available by GraniteShares, or (vii) for any use other than the purpose for which it was intended, is prohibited.

In addition, users and visitors of the Website may not:

1. Copy, reproduce, republish, upload, post, transmit, or distribute in any way material from the Website in any manner inconsistent with the purposes for which it is offered by GraniteShares to its customers, prospective customers or members of the general public.
2. Without GraniteShares’ express written permission, copy, modify, or display GraniteShares’ name or logo, or any text, graphic images, or other content from the Website.
3. Redeliver any of the pages, text, images, or other content of the Website using "framing" technology without GraniteShares’ express written permission.
4. Use devices (including software) that are designed to provide repeated automated access to the Website other than those made generally available by GraniteShares.
5. Include "GraniteShares" and any other GraniteShares trademark, the name of any GraniteShares personnel, or any variation of any of the foregoing, as a metatag, hidden textual element, or any other indicator that may create a false or misleading impression of affiliation, sponsorship, or endorsement between any user and/or site and GraniteShares.
6. Collect or store personal data about other users of the Website.
7. Upload, email or otherwise transmit to the Website any material that contains viruses or any other computer code, files or programs that might interrupt, limit or interfere with the functionality of any computer software or hardware of file communications equipment that is owned, leased or used by GraniteShares.
8. Resell or provide commercial use of the Website or the content therein, or create any derivative use of the Website or the content therein; or use any data mining, robots, or similar data gathering and extraction tools on the Website.
9. Reproduce, duplicate, copy, sell, resell, visit, or otherwise exploit for any commercial purpose the Website without the express prior written consent of GraniteShares.

GraniteShares reserves the right to take whatever lawful actions it may deem appropriate in response to actual or suspected violations of the foregoing, including, without limitation, the suspension or termination of the user's access and/or account. GraniteShares may cooperate with legal authorities and/or third parties in the investigation of any suspected or alleged crime or civil wrong. Except as may be expressly limited by GraniteShares privacy policy, GraniteShares reserves the right at all times to disclose any information as GraniteShares deems necessary to satisfy any applicable law, regulation, legal process or governmental request, or to edit, refuse to post or to remove any information or materials, in whole or in part, in GraniteShares' sole discretion.

11. Connection Requirements; Passwords and Security

You are responsible for providing and maintaining, at your own risk, option and expense, any hardware, software and communication lines required to access and use the Website, and GraniteShares reserves the right to change the access configuration of the Website at any time without prior notice. Please note that wireless networks and Wi-Fi network speeds vary by provider and geographic location. We are not responsible for limitations of such services used to access the Website.

To open an account on the Website or access any password protected content on the Website, you must complete the registration process by providing us with current, complete and accurate information as prompted by the applicable registration form, and choose a password and user name. You are entirely responsible for maintaining the confidentiality of your password and account and for any and all activities that occur under your account. You will be logged out of certain secure portions of the Website after a period of inactivity, at which time you will be required to re-enter your credentials to access secure information. You agree to (a) immediately notify GraniteShares of any unauthorized use of your account or any other breach of security of which you become aware, and (b) exit completely from your account at the end of each online session. GraniteShares will not be liable for any loss that you may incur as a result of someone else using your password or account, either with or without your knowledge. However, you could be held liable for losses incurred by GraniteShares or another party due to someone else using your account or password. You may not use anyone else's account at any time.

12. Privacy

For information on how GraniteShares uses and protects the personal information you may provide in and to the Website, please read GraniteShares’ privacy policy located on the Website. You may not use the Website to collect or harvest personal information about other persons or otherwise use the Website in a manner that is inconsistent with their privacy or personal data protection rights.

13. Contents of the Website — DISCLAIMER

THE MATERIALS IN AND ON THE WEBSITE (INCLUDING ANY GRAPHICS) AND ANY MATERIALS MADE AVAILABLE THROUGH THE WEBSITE ARE SUBJECT TO APPLICABLE STATUTES AND REGULATIONS, AND ARE PROVIDED "AS IS" AND WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. TO THE FULLEST EXTENT PERMISSIBLE PURSUANT TO APPLICABLE LAW, GRANITESHARES DISCLAIMS ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. GRANITESHARES DOES NOT WARRANT OR MAKE ANY REPRESENTATIONS REGARDING THE USE OR THE RESULTS OF THE USE OF THE MATERIALS IN THE WEBSITE IN TERMS OF ITS CORRECTNESS, ACCURACY, RELIABILITY, OR OTHERWISE. THE MATERIALS IN THE WEBSITE COULD INCLUDE TECHNICAL INACCURACIES OR TYPOGRAPHICAL ERRORS. THESE MATERIALS COULD BECOME INACCURATE AS A RESULT OF DEVELOPMENTS OCCURRING AFTER THEIR RESPECTIVE DATES. GRANITESHARES UNDERTAKES NO OBLIGATION TO MAINTAIN THE CURRENCY OF SUCH INFORMATION.

CERTAIN LINKS IN THE WEBSITE LINK YOU TO OTHER SITES ON THE WORLD WIDE WEB. THE LINKED SITES ARE NOT UNDER THE CONTROL OF GRANITESHARES AND GRANITESHARES IS NOT RESPONSIBLE FOR THE CONTENTS OF ANY LINKED SITE OR ANY LINK CONTAINED IN A LINKED SITE, OR ANY CHANGES OR UPDATES TO SUCH SITES AND GRANITESHARES MAKES NO REPRESENTATIONS OR ENDORSEMENTS WHATSOEVER CONCERNING THOSE SITES OR SERVICES. GRANITESHARES IS NOT RESPONSIBLE FOR WEBCASTING OR ANY OTHER FORM OF TRANSMISSION RECEIVED FROM ANY LINKED SITE. GRANITESHARES PROVIDES THESE LINKS TO YOU ONLY AS A CONVENIENCE, AND THE INCLUSION OF ANY LINK DOES NOT IMPLY A REFERRAL BY GRANITESHARES TO, OR AN ENDORSEMENT BY GRANITESHARES OF, THE LINKED SITE.

14. Operation of the Website — DISCLAIMER

GRANITESHARES ENDEAVORS TO MAINTAIN THE WEBSITE AND ITS OPERATION, BUT IS NOT, AND CANNOT BE, RESPONSIBLE FOR THE RESULTS OF ANY DEFECTS THAT EXIST IN THE WEBSITE OR ITS OPERATION. AS TO THE OPERATION OF THE WEBSITE, GRANITESHARES EXPRESSLY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. GRANITESHARES MAKES NO WARRANTY THAT (i) THE OPERATION OF THE WEBSITE WILL MEET THE USER'S REQUIREMENTS; (ii) ACCESS TO THE WEBSITE WILL BE UNINTERRUPTED, TIMELY, SECURE, FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR FREE OF ERRORS; (iii) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE WEBSITE WILL BE ACCURATE OR RELIABLE; OR (iv) DEFECTS WILL BE CORRECTED. YOU (AND NOT GRANITESHARES) ASSUME THE ENTIRE COST OF ALL SERVICING, REPAIR, OR CORRECTION THAT MAY BE NECESSARY FOR YOUR COMPUTER EQUIPMENT AND SOFTWARE AS A RESULT OF ANY VIRUSES, ERRORS OR OTHER PROBLEMS YOU MAY HAVE AS A RESULT OF USING OR VISITING THE WEBSITE.

15. Limitation of Liability

UNDER NO CIRCUMSTANCES SHALL GRANITESHARES BE LIABLE FOR ANY DAMAGES OR INJURY OR LOSS, INCLUDING ANY LOST PROFITS, LOST DATA, LOST OPPORTUNITY OR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, THAT MAY RESULT FROM THE USE OF, OR THE INABILITY TO USE, THE MATERIALS IN THE WEBSITE, WHETHER IN AN ACTION OF CONTRACT, WARRANTY, NEGLIGENCE, STRICT LIABILITY, OR OTHER TORTIOUS ACTION, ARISING OUT OF OR IN CONNECTION WITH THE USE OR PERFORMANCE OF INFORMATION AVAILABLE IN THE WEBSITE OR THE UNAVAILABILITY OF THE WEBSITE. GRANITESHARES SHALL NOT BE LIABLE EVEN IF GRANITESHARES OR AN GRANITESHARES AUTHORIZED REPRESENTATIVE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THESE INCLUDE BUT ARE NOT LIMITED TO DAMAGES OR INJURY CAUSED BY ERROR, OMISSION, INTERRUPTION, DEFECT, FAILURE OF PERFORMANCE, DELAY IN OPERATION OR TRANSMISSION, LINE FAILURE OR COMPUTER VIRUS OR OTHER HARMFUL COMPONENT.

16. Limitations as to Sections 13, 14 and 15 herein

IN NO EVENT SHALL GRANITESHARES’ TOTAL LIABILITY TO YOU FOR DAMAGES, LOSSES, AND CAUSES OF ACTION (WHETHER IN CONTRACT, TORT (INCLUDING, BUT NOT LIMITED TO, NEGLIGENCE), OR OTHERWISE) EXCEED THE GREATER OF THE AMOUNT PAID BY YOU FOR ACCESSING THE WEBSITE AND $50.00 USD. APPLICABLE LAW MAY NOT ALLOW THE EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR CERTAIN DIRECT, INCIDENTAL OR CONSEQUENTIAL DAMAGES. ACCORDINGLY, SOME OF THE ABOVE LIMITATIONS OR EXCLUSIONS MAY NOT APPLY TO YOU. IN EACH INSTANCE THE LIMITATIONS AND EXCLUSIONS SHALL BE APPLIED TO THE MAXIMUM EXTENT PERMITTED BY LOCAL LAW, EXCEPT WHERE A CAP IS NOT PERMITTED BY APPLICABLE LAW.

17. Indemnification

You agree to defend, indemnify and hold harmless GraniteShares, its members, affiliates and/or partners, and its and their officers, directors, partners, shareholders agents, licensees and employees from and against all claims, actions, liabilities, losses, expenses, damages and costs, including but not limited to attorney's fees that may, at any time, arise out of or relate to your authorized, unauthorized, lawful or unlawful use of the Website or content therein, your breach of the Terms, as may be modified from time to time in GraniteShares’ sole discretion, your inability to access the Website, the use of any linked web sites, your reliance on any errors or omissions in the Website, or the propagation and/or contraction of any computer virus in connection with your use of the Website and/or the related content.

18. Transmissions of Data

Electronic communications can be intercepted by third parties and, accordingly, transmissions to and from the Website may not be secure. Delivery, and timely delivery, of electronic mail is also not guaranteed. GraniteShares therefore recommends that you do not send time-sensitive or action-oriented messages to us via electronic mail. Such requests, orders, or instructions will not be processed until we can confirm your instructions or obtain appropriate written documentation where necessary.

19. General

Any notices to you from GraniteShares regarding the Website or these Terms will be posted on the Website or made by e-mail or regular mail. When you visit the Website or send e-mails to us, you are communicating with us electronically. You consent to receive communications from us electronically. We will communicate with you by e-mail or by posting notices on the Website. You agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing. You further agree that any notices provided by us electronically are deemed to be given and received on the date we transmit any such electronic communication as described in these Terms. Neither these Terms, nor any content, materials or features of the Website create any partnership, joint venture, employment, or other agency relationship between us. You may not enter into any contract on our behalf or bind us in any way. If a court of competent jurisdiction deems any provision unenforceable, that provision will be enforced to the maximum extent permissible, and the remaining provisions will be deemed severable and will remain in full force and effect. No waiver of any right under these Terms by GraniteShares will be deemed a waiver of any other right, term or provision of these Terms.

20. Contact

Please contact us hereif you have any questions or concerns about these Terms.

“By clicking 'I Agree' below and entering the website you are consenting to the use of cookies as described below.”

This website uses cookies, which are placed on your computer or mobile device, to improve your experience on this website.  By continuing to use this website, you consent to our use of cookies. For more information on how we use cookies and how to change your cookie settings and disable Google Analytics cookies, please read our Cookie Policy.  A link to the policy is also available at the bottom of each page on the website

This policy is effective from 1 July 2020

Like many other websites, our website uses cookies. 'Cookies' are small pieces of information sent by an organisation to your computer and stored on your hard drive to allow that website to recognise you when you visit. They collect statistical data about your browsing actions and patterns and do not typically contain information that identifies you as an individual, but any personal information that we store about you may be linked to the information stored in and obtained from cookies. Cookies assist with page navigation and website functionality. This helps us to improve our website and deliver a better service.

First party vs third party cookies

Cookies may be set by the site you are visiting or by another site prior to or during your visit. These are known as first and third party cookies.

First party cookies are set by GraniteShares and apply to the https://graniteshares.com website.  

Third-party cookies belong to website domains different from https://graniteshares.com.  Some web pages can feature content from third-party domains (such as banner ads).  Other sites may also set cookies on your device during a visit to our site. These sites will be an approved partner, such as Google Analytics.

The cookies used by GraniteShares:

• Allow us to provide you with access to the appropriate part of our website, for example by directing you to the right area depending on what country you have selected
• Allow us to monitor your activities on our website and the pages you visit
• Allow us to track how you arrive at our website and whether you have visited us from making a search, clicking on an advert or using a link in an email we’ve sent
• Allow us to obtain technical information about how you use our website, including the devices used and their geographical location

Types of cookies used

Session cookies are stored on your device only for the duration of your visit to our website or mobile app. As soon as you close your browser or turn off your device, session cookies are destroyed.

Persistent cookies remain on your device until they reach their expiry date (if applicable) or until you delete them. Once the cookie has expired or been deleted, it will be removed from your device. While a persistent cookie is on your device, it will be accessed each time you visit our website.

Cookie classification

Strictly necessary cookies are necessary for you to use the website because they allow us to maintain your session on the website after you have accessed the site.  We are unable to provide our service without these cookies.

Marketing cookies track how you arrived on the GraniteShares website – letting us track visitor trends and the sites visited before arriving at our website.

Performance cookies, including those provided by Google Analytics, track the number of visitors to our website, how long they spend on the website, the pages they visit and the journeys they take moving around our website. These cookies also track the performance of pages, website users’ interaction with these and the options on them, and enable us to test different design and content on our web pages. They also track the effectiveness of emails we send and how the website is used when a user has clicked through from an email campaign.

Functional cookies are used to improve functionality of our website and create a more personal experience by temporarily storing any information which you may enter such as language preferences, and, in some cases, remember information about you when you visit our site.

Website cookies

Other third-party cookies

Our web pages may contain content from third party sites such as Anchor, BrightTALK, Vimeo, YouTube, which may set their own cookies. Also, if you share a link to a page on the website, the service you share it on may set a cookie on your browser. GraniteShares has no control over third party cookies.

Web beacons

Some emails we send you, and some pages on our website, may contain electronic images known as web beacons. These allow us to track and assess the effectiveness of a particular campaign, and tell us whether or not you’ve opened a particular email. If you don’t want to receive web beacons, you’ll need to disable HTML images or refuse HTML (select Text only) emails via your email software.

How you can manage cookies

You can set your browser to notify you when you receive a cookie, so you can decide whether or not to accept it. You can find information about how to set your browser at the following websites:

Microsoft Internet Explorer

Mozilla Firefox

Google Chrome

Apple Safari

iOS

To opt out of being tracked by Google Analytics across all websites Google Optout.

To find out about the cookie policy of social media platforms and how to manage them:

Twitter cookies

LinkedIn cookies

Bing cookies

Google Adwords cookies

More information about cookies is available at allaboutcookies.org.

To opt out of receiving targeted advertisements, visit network advertising choices/ or the DAA opt-out page or the  EDAA opt-out page.

Please note that if you choose not to accept cookies from us, you may experience difficulties using the GraniteShares website.

Updates to this cookie policy

We will update this policy from time to time. You should regularly return to this page so you can review any changes we make, and see details of any new cookies we add. The effective date of this cookie policy will always be shown at the top of the page.

PRIVACY POLICY

GraniteShares recognizes the importance of protecting your personal and financial information when you visit our website located at www. GraniteShares.com/us (the “Website”). The following information is designed to help you understand the information collection practices at this Website.

When we refer to ourselves as “we” or “GraniteShares” in this Privacy Policy, we mean our entire company including our affiliates, such as subsidiaries.

BY VISITING THIS WEBSITE, YOU ARE ACCEPTING THIS PRIVACY POLICY, AND YOU ARE CONSENTING TO OUR COLLECTION, USE, DISCLOSURE, PROTECTION AND OTHER PROCESSING OF YOUR INFORMATION AS DESCRIBED IN THIS PRIVACY POLICY. IF YOU DO NOT AGREE TO THIS POLICY, YOU SHOULD NOT USE THIS WEBSITE.

This Privacy Policy is subject to change without notice, from time to time in our sole discretion. You acknowledge that by accessing the Website after we have posted changes to this Privacy Policy, you are agreeing to this Privacy Policy as modified. Please review the Terms of Use to learn of other terms and conditions applicable to your use of the Website.

Please note that this Privacy Policy is not an exclusive statement of our privacy principles across all products, services and websites. Other privacy principles or policies may apply depending on the products or services you obtain or the websites you visit, or the jurisdiction in which you transact with GraniteShares. For example, on this Website, we provide links to the websites of our business groups globally, which have their own privacy statements, notices or policies. If you visit those sites, please read their privacy statements, statements, notices or policies.

Persons who invest with GraniteShares should refer to the privacy notice they receive in connection with their investments.

This Privacy Policy was last updated on June 2020.

Information We Collect and Use

We collect personal information you choose to submit to the Website in order to process transactions requested by you and meet our contractual obligations.

For example, you can choose to provide us with identifiers, such as your name, address, email address, social security number, or tax identification number in connection with accessing your account, or you can choose to provide or we ask for your personal information such as your name, address, phone number, and e-mail address when you fill out a secure account question form, the "Contact Us" page or request an Investor Kit or Press Kit.

Any information collected about you from the Website can, from time to time, be associated with other identifying information we have about you, and we may derive inferences based on that information.

In addition, we may gather information about you automatically through your use of the Website, e.g. your IP address, how you navigate the Website, the organization from which you are accessing the Website, and the websites that you access before and after you visit the Website.

When you access the Website, we may also collect other information automatically, such as unique device identifiers, your screen resolution and other device settings, information about your location, and analytical information about how you use the device from which you are viewing the Website. Where applicable, we may ask your permission before collecting certain information, such as precise geolocation information.

From time to time, we use or augment the personal information we have about you with information obtained from other sources (e.g. publicly available profiles or databases, social media sites). For example, we use information obtained from other sources to confirm contact or financial information or to better understand your interests by associating demographic information we obtained from other sources with the information you have provided.

We may also gather further (non-personal) information automatically by a web server software, for example, statistics on which pages are viewed at what times by visitors of the Website. This software does not identify and track individual users, and it does not connect the personal information that may be provided by you to any web-tracking statistics or report. We call this “general tracking information”.

How We Use Personal Information

We may use your personal information to contact you to answer your questions or respond to your requests and inquiries, as well as to provide the products and services you request.

We may use your information from time to time to deliver the content and services we believe you will find the most relevant and to provide customer service and support. We use personal information to prevent, investigate, or provide notice of fraud, unlawful or criminal activity, or unauthorized access to or use of personal information, the Website or data systems, to comply with and assess compliance with applicable laws, rules and regulations, as well as internal policies and procedures, and to investigate and resolve disputes and security issues and enforcing our legal rights.

We may also use the personal information you provide to test, further develop and improve our products and services, or to conduct business analysis and market research.

We may aggregate and/or de-identify data about visitors to the Website for various business purposes including product and service development and improvement activities.

The “general tracking information” (which does not allow us to identify individual visitors) gives us a summary view of how the Website is used. We analyze the data to determine how to make the site better and more useful to our users. It is strictly for our internal use.

How We Share Personal Information

We collaborate with other companies and individuals to perform services for us and on our behalf and we collaborate with our affiliates, other companies and individuals with respect to products or services (“Providers”). Examples of Providers include data analysis firms, customer service and support providers, email and SMS vendors, and web-hosting and development companies. Some Providers collect information for us or on our behalf on our Website. These Providers can be provided with access to personal information needed to perform their functions.

We reserve the right to disclose your personal information as required by law, when we believe disclosure is necessary to comply with a regulatory requirement, judicial proceeding, court order or legal process served on us, to protect the safety, rights or property of our customers, the public or GraniteShares or to enforce the Terms of Use.

We occasionally disclose aggregate or de-identified data that is not personally identifiable with other parties.

We may also share your personal information with a potential buyer in connection with any proposed purchase, merger or acquisition of, or any reorganization of any part of our business.

We do not sell your personal information, and we have not done so for the twelve months preceding the effective date of this Privacy Policy.

Cookies and Other Tools GraniteShares and its Providers collect information about you by using cookies, tracking pixels and other technologies. A cookie is a small file that is sent to your computer by a website's server. A cookie can be a record of your visit to a site, including such information as your username, registration information, time of last visit, pages viewed, etc.

We use this information to provide a secure way for us to verify your identity during your online session, better understand, customize and improve user experience with our websites, services and offerings as well as to manage our advertising. For example, we use web analytics services that use these technologies to gather information to help us understand how visitors engage with and navigate our Website, e.g., how and when pages in a site are visited and by how many visitors. We are also able to offer our visitors a more customized, relevant experience on our sites using these technologies by delivering content and functionality based on your preferences and interests.

Depending on their purpose, some cookies will only operate for the length of a single browsing session and expire when you close your browser (“session cookies”), while others have a longer life span and remain on your hard drive for an extended period of time (“persistent cookies”), to ensure that they fulfill their longer-term purposes.

Your web browser can be set to allow you to control whether you will accept cookies or reject cookies, to notify you each time a cookie is sent to your browser, or to delete cookies that have already been set. If your browser is set to reject cookies, certain aspects of the Website that are cookie-enabled will not recognize you when you return to the website, and some Website functionality may be lost. For example, deleting these cookies may mean that any long-term settings (such as your stored username) will need to be reset. The “Help” section of your browser may tell you how to prevent your browser from accepting cookies. To find out more about cookies, visit www.aboutcookies.org.

We do not currently recognize or respond to browser-initiated Do Not Track signals.

Security

No data transmission over the internet can be 100% secure, so GraniteShares cannot ensure or warrant the security of any information you submit to us on this Website. However, GraniteShares seeks to protect your personal information from unauthorized access or use when you transact business on our Website using technical, administrative and procedural measures.

Users are responsible for maintaining the secrecy of their own passwords. If you have reason to believe that your interaction with us is no longer secure (for example, if you feel that the security of any account you might have with us has been compromised), please immediately notify us by contacting us as specified below.

Transfer of Personal Information to Other Countries

Any information you provide to GraniteShares through use of the Website may be stored and processed, transferred between and accessed from the United States and other countries which do not guarantee the same level of protection of personal information as the one in which you reside. However, GraniteShares handles and protects your personal information as described in this Privacy Policy (and the applicable privacy notices and policies in the relevant jurisdictions) regardless of where your personal information is stored or accessed from.

Your Rights in relation to your Personal Information

If you are a US visitor to the Website and resident in California, you have the right, subject to the conditions specified in applicable law, to request us to:

• disclose to you the categories and specific pieces of personal information we have collected, the categories of sources from which your information was collected, the business or commercial purpose for collecting your personal information, and the categories of third parties with whom we shared your personal information, and;
• delete your personal information (unless it is necessary for us to retain your personal information for legitimate business purposes as specified by law).

If you make a request related to personal information about you, you may be required to supply a valid means of identification as a security precaution. We will process your request within the time provided by applicable law.

If you have a question about or wish to exercise your rights, you can contact us as set out in the section “Contact Us” below.

If you wish to exercise your rights, we will need to verify your identity. To do so, we may request that you match specific pieces of information you have provided us previously, as well as, in some instances, provide a signed declaration under penalty of perjury that you are the individual whose personal information is the subject of the request. If it is necessary to collect additional information from you, we will use the information only for verification purposes and will delete it as soon as practicable after complying the request. For requests related to particularly sensitive personal information, we may require additional proof of identification. If you make a request through an authorized agent, we will require written proof that the agent is authorized to act on your behalf.

We do not discriminate against you for exercising any of these rights.

If you are a non-US visitor, depending on which country you access the Website from and the product and service we offer to you, you may have similar or additional rights in relation to your personal information. Our privacy notices and policies in the relevant country websites provide further information about your rights. You can find links to our country websites on the landing page of the Website.

Categories of Personal Information Disclosed for a Business Purpose

As stated above under Information We May Collect and Use, we collect personal information you choose to submit to the Website in order to process transactions requested by you and meet our contractual obligations. The categories of Personal Information disclosed for a business purpose may include personal detail, for example, name; private contact detail, for example, address and email address; and any other information you choose to provide us for a business purpose.

Additional California Privacy Rights

California’s “Shine the Light” law permits California residents to annually request and obtain information free of charge about what personal information is disclosed to third parties for direct marketing purposes in the preceding calendar year. We do not distribute your personal information to outside parties without your consent for their direct marketing.

Children’s Privacy

We are committed to protecting the privacy of children. We do not knowingly collect personal information from children under the age of 18. If you are under the age of 18, do not provide us with any personal information.

Contact Us

Please contact us if you have any questions or concerns about your personal information or require assistance in managing your choices.

c/o GraniteShares Inc
222 Broadway – 21st Floor
New York, NY 10038

By phone:

844-476-8747

By email:

info@graniteshares.com

Please update your account information by logging in or contact us by email or telephone as specified above to update your account information whenever such information ceases to be complete or accurate.

Disclaimer

Where the Website contains links to third-party websites/content/services that are not owned or controlled by GraniteShares, GraniteShares is not responsible for how these properties operate or treat your personal information, so we recommend that you read the privacy policies and terms associated with these third-party properties carefully.