ASYMmetric ETFs Renames Its Flagship Fund to the ASYMshares™ ASYMmetric S&P 500® ETF (NYSE: ASPY)
2021年10月12日 - 9:00PM
ビジネスワイヤ(英語)
ETF issuer enters into licensing agreement with
S&P Dow Jones Indices to better reflect ASPY’s revolutionary
approach to risk management
ASYMmetric ETFs announces its flagship fund is renamed the
ASYMshares™ ASYMmetric S&P 500® ETF (NYSE: ASPY) under a
new licensing agreement with S&P Dow Jones Indices.
Effective October 15, the updated name better reflects the
strategy behind ASPY. ASPY seeks to track the total return
performance, before fees and expenses, of the ASYMmetric 500 Index,
which is powered by ASYMmetric Risk Management Technology™. The
Index seeks to deliver a return that is asymmetric to the S&P
500 Index. Asymmetric returns are defined as the ability to
generate positive returns in bear markets and to capture the
majority of the upside of a bull market. The Index is a
rules-based, quantitative long/short hedging strategy that seeks to
provide protection against bear market losses, by being net short,
and to capture the majority of bull market gains, by being net
long, with respect to the S&P 500 Index. ASYMmetric integrates
its proprietary technology into the S&P 500 with the goal of
transforming it into a low-volatility, uncorrelated, asymmetric
investment option.
“ASPY leverages proprietary technology to give investors a third
investment option, asymmetric returns, which are engineered to help
reduce the risk and improve the performance of traditional stock
and bond portfolios,” notes Darren Schuringa, CEO of ASYMmetric
ETFs. “The fund’s new name reinforces our mission to empower Main
Street with cutting edge ETFs designed to radically change the way
investors manage portfolio risk. We’re pleased to have reached an
agreement with S&P Dow Jones Indices, transforming the world’s
most recognized index into a powerful portfolio optimization tool
should accelerate our ability to help investors and level the
investment playing field.”
For more information about the ASYMshares™ ASYMmetric S&P
500® ETF, visit: https://asymshares.com/
About ASYMmetric ETFs™, LLC
ASYMmetric ETFs™, LLC is an investment adviser seeking to
transform the way Main Street invests by providing a new approach
to wealth creation through capital preservation. Through its
proprietary ASYMmetric Risk Management Technology™, ASYMmetric ETFs
captured a quantitative long/short hedging strategy that seeks to
deliver positive returns in bear and bull markets in ETFs.
Before investing, carefully consider the fund’s investment
objectives, risks, charges and expenses. This and other information
is in the prospectus and a summary prospectus, copies of which may
be obtained on asymshares.com. Read the prospectus carefully before
investing.
Important Risk Information
All investing involves risk, including possible loss of
principal. The performance of the Fund will depend on the
difference in the rates of return between its long positions and
short positions. During a rising market, when most equity
securities and long-only equity ETFs are increasing in value, the
Fund’s short positions will likely cause the Fund to underperform
the overall U.S. equity market. When the Fund shorts securities,
including securities of another investment company, it borrows
shares of that security or investment company, which it then sells.
There is no guarantee the Fund will be able to borrow the shares it
seeks to short in order to achieve its investment objective. The
Fund’s investments are designed to respond to volatility based on a
proprietary model developed by the Index Provider which may not be
able to accurately predict the future volatility of the S&P
500® Index. If the S&P 500® Index is rapidly rising during
periods when the Index Provider’s volatility model has predicted
significant volatility, the Fund may be underexposed to the S&P
500® Index due to its short position and the Fund would not be
expected to gain the full benefit of the rise in the S&P 500®
Index. Additionally, in periods of rapidly changing volatility, the
Fund may not be appropriately hedged or may not respond as expected
to current volatility. The Fund is not actively managed and the
Adviser would not sell a security due to current or projected
underperformance of a security, industry or sector, unless that
security is removed from the Index.
Foreside Fund Services, LLC, distributor.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211012005284/en/
Caitlyn Foster Gregory FCA for ASYMmetric ETFs
caitlyn@gregoryfca.com 484-798-7730
Asymmetric Smart S&p 500... (AMEX:ASPY)
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Asymmetric Smart S&p 500... (AMEX:ASPY)
過去 株価チャート
から 1 2024 まで 1 2025