NEW
YORK, Jan. 24, 2024 /PRNewswire/ -- Exchange
Traded Concepts is delighted to introduce the new lineup of Range
ETFs: Range Global LNG Ecosystem Index ETF (NYSE: LNGZ), Range
Nuclear Renaissance Index ETF (NYSE: NUKZ), Range Global Coal Index
ETF (NYSE: COAL), and Range Global Offshore Oil Services Index ETF
(NYSE: OFOS).
The unifying theme of the Range ETFs is the belief that energy
will be the driving force of the global markets for the next
decade. The new lineup of Range ETFs seeks to provide the purest
exposure to these evolving themes.
"We are excited to work with our friends at Range Fund Holdings
to bring this concept to market," says J. Garrett Stevens, CEO of Exchange Traded
Concepts. "We hope this suite of ETFs provide investors with a
variety of exposure within a targeted area."
"ETC was a fantastic partner for North Shore and URNM. They were
instrumental in our success and our first choice when we decided to
return to the ETF market," says Tim
Rotolo, Founder and CEO of Range Fund Holdings, LLC.
"We are thrilled to introduce our new suite of ETFs which
emphasize energy abundance. Our aim is to provide investors who
share our vision of the changing energy landscape with the
opportunity to invest in powering the next decade." Rotolo
continues, "We view the energy transition as progressing into a new
phase. Investors are increasingly recognizing the need for base
load power solutions in support of renewables. Global energy demand
has reached unprecedented levels, and perceptions of both ESG and
Fossil Fuels have dimmed considerably. Simultaneously, governments,
grappling with bureaucratic entanglements, are encountering
difficulties in making timely decisions to determine how their
near-term energy policies which rely on fossil fuels relate to
pressures around climate change. This situation has created an
opportunity for forward thinking investors to allocate their
resources."
To learn more, please visit www.rangeetfs.com
About Exchange Traded Concepts (ETC)
Exchange Traded
Concepts is an SEC-registered independent investment adviser that
specializes in white-label ETFs and offers ETF services spanning
ETF-in-a-Box™ and sub-advisory to fund marketing and
consulting. ETC provides the trust, board, and decades of
experience to offer asset managers (hedge, SMAs, mutual) and others
an efficient, cost-effective means to leverage the benefits of the
ETF wrapper. Learn more at exchangetradedconcepts.com.
About Range Fund Holdings, LLC
Range Fund Holdings is
a dedicated, life-cycle investment platform for exchange listed
funds. The core of the business is building proprietary indices
around non-consensus ideas. In addition, our platform has the
ability to provide capital across various stages to other listed
fund issuers and advisors. Tim
Rotolo is the Founder and CEO of Range Fund Holdings, LLC.
He is also founder and CEO of Lloyd Harbor Capital Management, LLC
(LHCM), Co-Founder of Sachem Cove Partners, and Founder of North
Shore Indices, Inc. which launched URNM, a uranium mining ETF in
December 2019. The fund garnered over
$1 billion AUM before its acquisition
by Sprott Asset Management, a NYSE-listed Canadian firm, in
2021.
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 full or summary prospectus,
which may be obtained by visiting www.rangeetfs.com. Read it
carefully before investing or sending money.
Investing involves risk, including possible loss of
principal. There is no guarantee the Funds will achieve their
stated investment objectives.
Investments in the energy industry are subject to significant
volatility due to changes in commodity prices. Additional risks
include changes in exchange rates, government regulation, world
events, economic and political conditions in the countries where
energy companies are located or do business, and risks for
environmental damage claims.
Exchange Traded Concepts, LLC serves as the investment advisor
of the funds. NUKZ, LNGZ, COAL, and OFOS ETFs are distributed by
SEI Investments Distribution Co. (SIDCO, 1 Freedom Valley Drive,
Oaks, PA 19456), which is not
affiliated with Exchange Traded Concepts, LLC, or any of its
affiliates.
Media Contact - marketing@exchangetradedconcepts.com
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SOURCE Exchange Traded Concepts, LLC