Filed Pursuant to Rule 497(e)

1933 Act File No. 333-168040

1940 Act File No. 811-22436

EntrepreneurShares Series Trust^TM

EntrepreneurShares Global Fund^TM

Entrepreneur U.S. Small Cap Fund ^TM

Entrepreneur U.S. Large Cap Fund ^TM

February 8, 2019

Supplement to Prospectus and Statement of Additional Information

Each dated November 1, 2018

Fund Name Change
Effective as of February 15, 2019, the name of the Funds change as follows:

· EntrepreneurShares Global Fund^TM will change to ERShares Global Fund^TM

· Entrepreneur U.S. Small Cap Fund ^TM will change to ERShares US Small Cap Fund^TM

· Entrepreneur U.S. Large Cap Fund ^TM will change to ERShares US Large Cap Fund^TM

All references in the Prospectus and Statement of Additional Information are hereby changed to reflect the new names.  The Funds' investment objective and principal investment strategies remain the same.

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The date of this Supplement is February 8, 2019.

Please retain this Supplement for future reference.