X0101 EFFECT 33 LIVE 2011-08-10 14:30:00

N-1A

0001479599 FQF Trust 333-173167 S000033007 QuantShares U.S. Market Neutral Momentum Fund C000101796 QuantShares U.S. Market Neutral Momentum Fund S000033008 QuantShares U.S. Market Neutral Value Fund C000101797 QuantShares U.S. Market Neutral Value Fund S000033009 QuantShares U.S. Market Neutral Beta Fund C000101798 QuantShares U.S. Market Neutral Beta Fund S000033010 QuantShares U.S. Market Neutral Size Fund C000101799 QuantShares U.S. Market Neutral Size Fund S000033011 QuantShares U.S. Market Neutral Quality Fund C000101800 QuantShares U.S. Market Neutral Quality Fund S000033012 QuantShares U.S. Market Neutral Anti-Momentum Fund C000101801 QuantShares U.S. Market Neutral Anti-Momentum Fund S000033013 QuantShares U.S. Market Neutral Anti-Beta Fund C000101802 QuantShares U.S. Market Neutral Anti-Beta Fund