Strategy Shares Nasdaq 7HANDL™ Index ETF (HNDL) Surpasses $100 Million in Assets Under Management
2020年12月11日 - 10:00PM
ビジネスワイヤ(英語)
HNDL Based on First-of-Its-Kind Target
Distribution Index Powered by Nasdaq Dorsey Wright
Strategy Shares, a family of exchange traded funds (ETFs)
focused on bringing unique strategies to the ETF marketplace, today
announced that the Strategy Shares Nasdaq 7HANDL™ Index ETF
(HNDL) has surpassed $100 million in assets under management. This
represents more than a 300% growth in assets this year.
“We are thrilled that the HNDL ETF has rapidly surpassed the
$100 million AUM milestone,” said Jerry Szilagyi, CEO of Rational
Advisors, Inc., the investment advisor for Strategy Shares. “HNDL
ETF’s consistent 7% distribution rate has offered an attractive
option for addressing the challenges of meeting cash flow needs in
a zero-yield world without requiring investors to take on
unacceptable credit risk.”
HNDL is a first-of-its-kind target distribution ETF designed to
seek investment results that correlate generally, before fees and
expenses, to the price and yield performance of the Nasdaq 7HANDL™
Index. The index is split into two components, with a 50%
allocation to fixed income and equity ETFs (the “Core Portfolio”)
and a 50% allocation to a “Dorsey Wright Explore Portfolio,” a
tactical allocation with U.S. fixed-income, U.S. blend, U.S. equity
and U.S. alternative assets, or categories that have historically
provided high levels of income.
HNDL has adopted a policy to pay monthly distributions on Fund
shares at a target rate that represents an annualized payout of
approximately 7.0% on the Fund’s per-share net asset value on the
date of a distribution’s declaration. All or a portion of a
distribution may consist of a return of capital.
For more information on HNDL and Strategy Share’s ETF offerings,
please visit: www.StrategySharesETFs.com.
About Strategy Shares
Strategy Shares is a family of exchange traded funds (ETFs)
focused on bringing unique strategies to the ETF marketplace.
Currently, Strategy Shares offers two ETFs: the Strategy Shares
Nasdaq 7HANDL™ Index ETF (HNDL) and the Strategy Shares
Newfound/ReSolve Robust Momentum ETF (ROMO). For more information
on Strategy Shares and its fund offerings, please visit:
www.StrategySharesETFs.com.
Investors should carefully consider the investment
objectives, risks, charges and expenses of the Nasdaq 7HANDL ETF.
This and other important information about the Fund are contained
in the full or summary prospectus, which can be obtained by calling
(855) HSS-ETFS (855-477-3837) or at www.StrategySharesETFs.com.
The Strategy Shares are distributed by Foreside Fund Services, LLC,
which is not affiliated with Rational Advisors, Inc., or any of its
affiliates.
Investment in a fund of funds is subject to the risks and
expenses of the underlying funds. Diversification and asset
allocation may not protect against market risk or loss of
principal. Certain sectors and markets perform exceptionally well
based on current market conditions and the Nasdaq 7HANDL ETF can
benefit from that performance. Achieving such exceptional returns
involves the risk of volatility and investors should not expect
that such results will be repeated. The use of leverage can amplify
the effects of market volatility on the Fund’s share price and make
the Fund’s returns more volatile. The use of leverage may cause the
Fund to liquidate portfolio positions when it would not be
advantageous to do so in order to satisfy its obligations. The use
of leverage may also cause the Fund to have higher expenses than
those of funds that do not use such techniques.
HANDLS™ and HANDL™ are trademarks of Bryant Avenue Ventures LLC
and have been licensed for use by Rational Advisors, Inc.
Shareholders should not assume that the source of a distribution
from the Fund is net profit. Shareholders should note that return
of capital will reduce the tax basis of their shares and
potentially increase the taxable gain, if any, upon disposition of
their shares. The distribution rate may be modified at any time.
Shares of this ETF are bought and sold at market price (not NAV)
and are not individually redeemed from the ETF. Brokerage
commissions will reduce returns.
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version on businesswire.com: https://www.businesswire.com/news/home/20201211005022/en/
Sarah Streeter 646-757-8060
sarah.streeter@mfunddistributors.com
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