GRANITESHARES FOCUSES ON TSLA LEVERAGED SINGLE STOCK ETFs
2024年7月1日 - 10:00PM
GraniteShares, the largest provider by AUM of leveraged single
stock ETFs, today announced it has changed it’s management fee on
TSLR and TSDD to 0.95%. After expense waiver, the fund total annual
fund operating expenses is 0.95% (down from (2)1.80% before (1)fee
waiver).TSLR aims to replicate +2X the daily variations in the
stock price of Tesla (TSLA) and TSDD aims to replicate -2X the
daily variation of Tesla (TSLA)”.
"As a leader in Leveraged Single Stock ETFs, we
continue to seek ways to expand and optimize our offering” said
Founder and CEO Will Rhind. "TSLR and TSDD are very important names
for us and we are laser focused on providing the best quality
products we can for our investors”.
Notably, funds like the GraniteShares 2x Long
NVDA Daily ETF (NVDL) and the GraniteShares 2x Long COIN Daily ETF
(CONL) have gained significant assets as investors embrace AI and
crypto.
Short & Leveraged ETF Suite |
Ticker |
Company |
GraniteShares 2x Long AMD Daily ETF |
AMDL |
AMD |
GraniteShares 2x Long AMZN Daily ETF |
AMZZ |
Amazon |
GraniteShares 2x Long AAPL Daily ETF |
AAPB |
Apple |
GraniteShares 2x Long BABA Daily ETF |
BABX |
Alibaba |
GraniteShares 2x Long COIN Daily ETF |
CONL |
Coinbase |
GraniteShares 2x Long MSFT Daily ETF |
MSFL |
Microsoft |
GraniteShares 2x Long META Daily ETF |
FBL |
Meta |
GraniteShares 2x Long NVDA Daily ETF |
NVDL |
Nvidia |
GraniteShares -2x Short NVDA Daily ETF |
NVD |
Nvidia |
GraniteShares 2x Long TSLA Daily ETF |
TSLR |
Tesla |
GraniteShares -2x Short TSLA Daily ETF |
TSDD |
Tesla |
GraniteShares 1.25x Long TSLA Daily ETF |
TSL |
Tesla |
GraniteShares 1x Short AMD Daily ETF |
AMDS |
AMD |
For more information, please visit
www.graniteshares.com.
Media contact:
Gregory FCA for GraniteSharesTe’a Gray,
203-815-4514graniteshares@gregoryfca.com
About GraniteShares:
GraniteShares is an award-winning global
investment firm dedicated to creating and managing ETFs.
Headquartered in New York City, GraniteShares provides products on
U.S., U.K, German, French & Italian stock exchanges. The firm
is a market leader in leveraged single-stock ETFs and provides
innovative, cutting-edge investment solutions for the
high-conviction investor. Graniteshares believes the future of
investing lies at the nexus of alternative thinking, low fees, and
disruptive product structures—the core of its high-conviction
investment philosophy. The firm launched its first product in 2017
and is a fast-growing ETF issuer with approximately $7* Billion in
assets under management spanning a full array of investment
strategies.
*As at 06/28/24
Important Information
Investors should consider the investment
objectives, risks, charges and expenses carefully before investing.
For a prospectus or summary prospectus with this and other
information about the Funds, please call (844) 476 8747 or
visit www.graniteshares.com. Read
the prospectus or summary prospectus carefully before
investing.
The investment program of the funds is
speculative, entails substantial risks and include asset classes
and investment techniques not employed by more traditional mutual
funds.
PRINCIPAL FUND RISKS (see the Prospectus
for more information)
The Fund is not suitable for all
investors. The investment program of the funds is speculative,
entails substantial risks and includes asset classes and investment
techniques not employed by most other ETFs and mutual funds.
Investments in the ETFs are not bank deposits and are not insured
or guaranteed by the Federal Deposit Insurance Corporation or any
other government agency. The Fund is designed to be utilized only
by knowledgeable investors who understand the potential
consequences of seeking daily leveraged (2X) investment results,
understand the risks associated with the use of leveraged exposure
and are willing to monitor their portfolios frequently. For periods
longer than a single day, the Fund will lose money if the
Underlying Stock’s performance is flat, and it is possible that the
Fund will lose money even if the Underlying Stock’s performance
leveraged over a period longer than a single day. An investor could
lose the full principal value of his/her investment within a single
day.
The Fund seeks daily leveraged
investment results and are intended to be used as short-term
trading vehicles. This Fund attempts to provide daily investment
results that correspond to the respective leveraged of the
performance of its underlying stock (a leveraged
Fund).
Investors should note that the fund
pursues daily leveraged investment objectives, which means that the
fund is riskier than alternatives that do not use leverage because
the fund magnifies the performance of their underlying security.
The volatility of the underlying security may affect a Fund’s
return as much as, or more than, the return of the underlying
security.
Because of daily rebalancing and the
compounding of each day’s return over time, the return of the Fund
for periods longer than a single day will be the result of each
day’s returns compounded over the period, which will very likely
differ from 200% of the return of the Underlying Stock over the
same period. The Fund will lose money if the Underlying Stock’s
performance is flat over time, and as a result of daily
rebalancing, the Underlying Stock volatility and the effects of
compounding, it is even possible that the Fund will lose money over
time while the Underlying Stock's performance increases over a
period longer than a single day.
An investment in the Fund involves risk,
including the possible loss of principal. The Fund is
non-diversified and includes risks associated with the Fund
concentrating its investments in a particular industry, sector, or
geographic region which can result in increased volatility. The use
of derivatives such as futures contracts and swaps are subject to
market risks that may cause their price to fluctuate over time.
Risks of the Fund include effects of Compounding and Market
Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk,
Rebalancing Risk, Intra-Day Investment Risk, Daily Index
Correlation Risk, Other Investment Companies (including ETFs) Risk,
and risks specific to the securities of the Underlying Stock and
the sector in which it operates. These and other risks can be found
in the prospectus.
(1) GraniteShares Advisors LLC has contractually agreed to
waive its fees and/or pay for operating expenses of the Fund to
ensure that total annual fund operating expenses (exclusive of any
(i) interest, (ii) brokerage fees and commission, (iii) acquired
fund fees and expenses, (iv) fees and expenses associated with
instruments in other collective investment vehicles or derivative
instruments (including for example options and swap fees and
expenses), (v) interest and dividend expense on short sales, (vi)
taxes, (vii) other fees related to underlying investments (such as
option fees and expenses or swap fees and expenses), (viii)
expenses incurred in connection with any merger or reorganization
or (ix) extraordinary expenses such as litigation) will not exceed
0.95%. This agreement is effective until December 31, 2025, and it
may be terminated before that date only by the Trust’s Board of
Trustees. GraniteShares Advisors LLC may request recoupment of
previously waived fees and paid expenses from the Fund for three
years from the date such fees and expenses were waived or paid, if
such reimbursement will not cause the Fund’s total expense ratio to
exceed the expense limitation in place at the time of the waiver
and/or expense payment and the expense limitation in place at the
time of the recoupment.
This information is not an offer to sell or a
solicitation of an offer to buy shares of any Funds to any person
in any jurisdiction in which an offer, solicitation, purchase or
sale would be unlawful under the securities laws of such
jurisdiction.
THE FUNDS AREDISTRIBUTED BY ALPS DISTRIBIUTORS,
INC. GRANITESHRES IS NOT AFFILIATED WITH ALPS DISTRIBUTORS, INC