CrowdInvest Launches Market’s Only Crowd Sentiment-Weighted ETF
2016年4月26日 - 10:25PM
ビジネスワイヤ(英語)
Rules-based ETF to Trade on the New York Stock
Exchange
The creators of the CrowdInvest Wisdom Index (CROWDWIS) and the
Crowd-Invest mobile application today launch the CrowdInvest Wisdom
ETF (WIZE), an exchange-traded fund that tracks the CrowdInvest
Wisdom Index. WIZE begins trading today on the NYSE. This next
generation, smart-beta product allows investors to achieve exposure
to a diversified index. This index is composed of U.S.-listed
equities weighted by sentiment built by an independent, diverse
crowd.
WIZE is unique in that it harnesses the democratized opinions of
users, not the opinion of biased portfolio managers. WIZE is an
alternative to more common passive index-based strategies. App
users’ bullish or bearish views on stocks determine the selection
and weighting of the 35 equities in the rules-based CROWDWIS.
CROWDWIS outperformed the S&P 500 during its first year by 147
basis points (Jan. 7, 2015 – Jan. 7, 2016). The index was down 0.56
percent for the year ended Jan. 7, 2016 versus the S&P 500 down
2.04 percent on a total return basis.
“WIZE is a smart-beta product in that it provides an alternative
weighting to broad U.S. stock market exposure and the ETF puts the
average investor in position to own an investment that they can
influence themselves,” said Martin Mickus, founder and Chairman of
CrowdInvest and 20-year veteran of the financial services industry.
“Investors can incorporate WIZE into their portfolios by
reallocating some of their core S&P 500 holdings into this
fund. Additionally, people can look at WIZE as a tool to
demonstrate their frustration with the underwhelming performance of
the average portfolio manager.”
In the interest of staying true to a crowd sentiment-weighted
portfolio, the CrowdInvest Wisdom ETF rebalances on a monthly basis
in response to changes in user sentiment.
“WIZE incorporates a strategy that focuses on the crowd; it
captures the natural opinions of these independent and diverse
individuals, and demonstrates that their opinions as a group has
the potential to outperform that of traditional portfolio
managers,” said Annie Wyatt, CEO of CrowdInvest. “The purpose of
CrowdInvest is to capture tomorrow’s trends of the digital and tech
industries, and apply them to an investment product that anyone can
access. As part of the crowd, investors collectively contribute to
the construction of a competitive index and investible product. As
evident in CROWDWIS’ first year of performance, the many certainly
have the potential to outperform the few, which is a testament to
the legitimacy of the Wisdom of the Crowd theory.”
Visit www.crowdinvestetfs.com to learn more
about WIZE.
About CrowdInvest: CrowdInvest seeks to democratize the
asset management industry by harnessing the wisdom of the crowd
from user votes on the Crowd-Invest mobile app. The users’ bullish
or bearish opinions on any U.S.-traded stock determine which
equities will be included in The CrowdInvest Wisdom ETF, a fund
based on a crowd sentiment-weighted index. CrowdInvest was
nominated for the Benzinga FinTech Awards in 2016. Votes can be
cast here.
About Exchange Traded Concepts: ETC is carving out a
niche as a portal to launch new, custom exchange-traded funds
efficiently and cost-effectively through a complete turnkey
solution. ETC is a private-label ETF advisor with passive and
active exemptive relief from the Securities and Exchange Commission
(SEC) to launch both domestic and international equity exchange
traded funds under the Investment Company Act of 1940. For more
information, please go to www.exchangetradedconcepts.com.
Carefully consider the Fund's investment objectives, risk
factors, charges and expenses before investing. This and additional
information can be found in the Fund's prospectus, which may be
obtained by visiting www.crowdinvestetfs.com.
Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of
principal. Investments in smaller and mid-sized companies typically
exhibit higher volatility. The fund is non-diversified.
The Index is designed to measure the performance of a portfolio
of securities selected by users of the CrowdInvest Internet
Platform (the “Platform”). The Platform is relatively new and may
have a small number of users who are responsible for determining
the Constituents. Investment decisions made by users may be
influenced by a number of biases, resulting in investment choices
that underperform the market generally.
There is no guarantee that the Fund or the index will achieve
its investment objective. Past performance does not guarantee
future results. Index performance is for illustrative purposes only
and does not represent fund performance. Index performance returns
do not reflect any management fees, transaction costs or expenses.
Indexes are unmanaged and one cannot invest directly in an
index.
Exchange Traded Concepts, LLC serves as the investment advisor.
The Funds are distributed by SEI Investments Distribution Co. (1
Freedom Valley Drive, Oaks, PA, 19456), which is not affiliated
with Exchange Traded Concepts, LLC.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160426006129/en/
Gregory FCA for CrowdInvestJen Diehl,
610-228-2124CrowdInvest@GregoryFCA.com
Exchange Traded Concepts Trust (AMEX:WIZE)
過去 株価チャート
から 5 2024 まで 6 2024
Exchange Traded Concepts Trust (AMEX:WIZE)
過去 株価チャート
から 6 2023 まで 6 2024