SUMMIT, N.J.--(BUSINESS WIRE)--Sit Fixed Income Advisors, ETF Managers Group, and ISE ETF Ventures will ring the Opening Bell® at the New York Stock Exchange on Friday, December 4, 2015 to celebrate the Sit Rising Rate ETF (NYSEArca: RISE). RISE is a unique ETF designed to hedge interest rates by targeting a constant negative 10-year bond duration. RISE is a strategic interest rate-hedging ETF that seeks to give investors the opportunity to benefit from the rise in the interest rates of U.S. Treasury notes. The portfolio targets a negative 10-year duration using futures and options on 2, 5 and 10-year maturity Treasury futures contracts.
Sam Masucci, founder and CEO of ETF Managers Group said: “We are excited to be partnered with Sit Investment Associates on this important and timely new ETF. With RISE we bring Sit Investments’ proven institutional portfolio management expertise to global investors interested in hedging interest rate exposure. Now is the time for investors to hedge their portfolio in the anticipation of the Fed being ready to move interest rates."
“RISE seeks to benefit from rising interest rates and especially from a flattening yield curve like what we expect to occur with the Fed raising rates,” Explains Bryce Doty, Sr. VP/Sr. Portfolio Manager with Sit Fixed Income Advisors. “RISE can provide the peace of mind bond investors are looking for from their bond portfolios. Our research shows that adding RISE to a fixed income portfolio can reduce its interest rate risk and let you worry less about what the Fed will do next.”
Link to Live Stream: www.livestream.com/NYSE
For more information on RISE, please visit www.risingrateetf.com and for the latest information and updates on ETF Managers Group and our Family of Funds visit www.etfmg.com, follow us on LinkedIn, or email firstname.lastname@example.org.
About Factor Advisors: Factor Advisors LLC is a wholly owned subsidiary of Exchange Traded Managers Group LLC (ETF Managers Group), a leading Exchange Traded Funds (ETF) private label services company. ETF Managers Group offers a full range of ETF product services to the asset management community including commodity pool ETPs as well as both active and passive ETF funds. The services provided include product operations, regulatory, financial and compliance management. ETF Managers Group offers active marketing and dedicated wholesale services for all ETF product types.
About SIT FIXED INCOME ADVISORS II, LLC: Sit Fixed Income Advisors II, LLC (“Sit Advisors”) is registered as a “commodity trading advisor” and will act as such for the Fund. Sit Advisors is a subsidiary of Sit Investment Associates, Inc. (“Sit”). Sit is a full product global asset manager offering management expertise in domestic equities, international equities and fixed income instruments. They have senior, experienced investment professionals who are actively involved in the investment process and client servicing. Sit has the resources of a $14.4 billion investment management firm working for the benefit of their clients.
About ISE ETF Ventures
The ISE ETF Ventures team is dedicated to creating and supporting innovative indexes that track growing industries, emerging technologies and markets, and packaged trading strategies. Their index design expertise includes a diverse range of asset classes and instrument types including global equities, fixed income, currencies, futures and options. ISE ETF Ventures partners with issuers to launch unique exchange traded products (ETPs) such as exchange traded funds (ETFs), exchange traded notes (ETNs) and other similar product types. They also provide capital for the start-up and ongoing backstopping of new ETPs. Partners are able to leverage ISE ETF Ventures’ global experience and broad network of industry participants in order to grow their ETP presence as well as reduce risk and increase product issuance. Total assets under management for ETPs tied to ISE ETF Ventures indexes exceeds $1.5 billion.
As part of the International Securities Exchange Holdings, Inc. (ISE Holdings), operator of two U.S. options exchanges, ISE ETF Ventures’ indexing experts are nimble, flexible and entrepreneurial with a track record of creating distinctive, out-of-the-box ideas. ISE ETF Ventures currently has a portfolio of over 30 proprietary and partner indexes, and supports over 15 ETPs and other investment products.
ISE ETF Ventures is operated by ISE Holdings, which is a member of Eurex Group, and together they operate one of the largest transatlantic derivatives marketplaces. Eurex Group is owned by Deutsche Börse AG (Xetra: DB1).
Carefully consider the Fund’s investment objectives, risk factors, charges and expenses before investing. This material must be accompanied or preceded by a prospectus. Please read the prospectus carefully before investing. http://risingrateetf.com/Data/Sites/32/docs/RISE_Prospectus.pdf
An investment in the Fund involves risk. As with any investment, you could lose all or part of your investment in the Fund, and the Fund’s performance could trail that of other investments. The Fund is subject to principal risks which may adversely affect the Fund’s NAV, trading price, yield, total return and ability to meet its investment objective. The use of derivatives and/or short positions, such as futures and options, generally are volatile and are not suitable for all investors. Investments in debt securities typically decrease in value when interest rates rise, however, the Fund attempts to maintain a portfolio with a negative effective duration and therefore anticipates that an increase in interest rates may increase the Fund’s value, and a decrease in rates may lower the Fund’s value. The NAV of the Fund’s shares relates directly to the value of U.S. Treasuries and Treasury Instruments held by the Fund which are materially impacted by interest rate movements. The magnitude of the impact on value from a change in interest rates is often greater for longer-term fixed income securities than shorter-term securities.
You should carefully consider whether your financial condition permits you to participate in a commodity pool. In doing so, you should be aware that commodity interest trading can quickly lead to large losses as well as gains. Such trading losses can sharply reduce the net asset value of the pool and consequently the value of your interest in the pool. In addition, restriction on redemptions may affect your ability to withdraw your participation in the pool.
Further, commodity pools may be subject to substantial charges for management, advisory and brokerage fees. It may be necessary for those pools that are subject to these charges to make substantial trading profits to avoid depletion or exhaustion of their assets.
ETF Managers Capital, LLC serves as the commodity pool operator and Sit Fixed Income Advisors II, LLC serves as the commodity trading advisor to the fund.
The Fund is not a mutual fund or any other type of investment company within the meaning of the Investment Company Act of 1940, as amended, and is not subject to regulation thereunder and Commodities and futures generally are volatile and are not suitable for all investors.
The Fund is speculative and involves a high degree of risk. An investor may lose all or substantially all of an investment in the Fund.
Shares of the Fund are not FDIC insured, may lose value and have no bank guarantee.
The fund is new with limited operating history.
It is not possible to directly invest in an index.
A fund’s performance for very short time periods may not be indicative of future performance.
The fund is distributed by ALPS Distributors, Inc., which is not affiliated with Factor Advisors, Penserra Capital, Solactive AG or any of its affiliates.
Control # SDJ000140 Expiration Date 12/11/2015