Letterhead of Goldman Sachs Group, Inc.]

EX-99.(l)

[Letterhead of Xxxxxxx Xxxxx Group, Inc.]

June 18, 2015

Xxxxxxx Xxxxx ETF Trust (the “Trust”)

000 Xxxx Xxxxxx

New York, New York 10282

Re: Xxxxxxx Xxxxx ETF Trust

Ladies and Gentlemen:

We hereby agree to purchase from the Trust, which is an investment company offering multiple series (each, a “Fund” and collectively, the “Funds”), on a date to be specified by the Trust, and prior to the effective date of the Trust’s Registration Statement on Form N-1A, shares of beneficial interest of each Fund, no par value, at the per-share purchase price set forth below, for an aggregate price of $100,000, to provide the initial capital the Trust requires pursuant to Section 14 of the Investment Company Act of 1940, as amended, in order to make a public offering of its shares.

Fund		Amount Purchased				Price Per Share				Shares Purchased
Xxxxxxx Xxxxx ActiveBeta U.S. Large Cap Equity ETF		$	100,000			$	40				2500
TOTAL		$	100,000

We hereby represent that we are acquiring said shares for investment purposes, and not for distribution or resale to the public.

Very truly yours,

Xxxxxxx Xxxxx Group, Inc.

By:		/s/ Xxxxx X’Xxxxxx
Name: Xxxxx X’Xxxxxx
Title:   Managing Director