April , 2016Janus Detroit Street Trust • June 8th, 2016
Re: Agreement and Plan of Reorganization and Termination, dated [ ], 2016 (“Agreement I”), between ALPS ETF Trust (the “Existing Trust”), a statutory trust created under the laws of the State of Delaware, on behalf of Janus Velocity Tail Risk Hedged Large Cap ETF (“Existing Fund I”), and Janus Detroit Street Trust (the “New Trust”), a statutory trust created under the laws of the State of Delaware, on behalf of its newly created series, Janus Velocity Tail Risk Hedged Large Cap ETF (“New Fund I”); and
