CHICAGO--(BUSINESS WIRE)--Hull Tactical Asset Allocation, LLC (“HTAA”), announces that Alan Grigoletto has joined the firm and will serve as Chief Commercial Officer. Grigoletto will support the marketing and sales efforts of HTAA’s new actively managed ETF, Hull Tactical US ETF (“HTUS”).
Launching HTUS in June 2015, HTAA saw a need to bring in an experienced executive to provide greater infrastructure around distribution efforts for the fund. Grigoletto has more than 35 years of expertise in trading and investments as an options market maker, stock specialist, institutional trader and portfolio manager. His past roles centered on business development, marketing and sales, most recently serving as Vice President of Education at Options Industry Council and Senior Vice President of Business Development at Boston Options Exchange, LLC.
“Alan has a unique skill set that combines a thorough understanding of how markets work and an accomplished background in sales and marketing. His knowledge of portfolio risk management and his strong analytical skills in equity-related instruments make him a great fit for our team. He truly understands how Hull Tactical Asset Allocation sees the markets and how the Hull Tactical US ETF works, which will prove powerful as he helps to gain awareness on the fund,” explains Steve McCarten, Chief Operating Officer of Hull Tactical Asset Allocation.
Grigoletto initially worked in the Hull family of businesses in 1997, serving as Portfolio Manager at Hull Trading Company, until the entity was sold to Goldman Sachs. He has served on numerous committees throughout his time in the industry, including Chairman of The Security Traders Association Derivatives Committee and steering committee member for the Futures Industry Association. He is also a regular guest speaker at the Securities Exchange Commission, Commodity Futures Trading Commission, House Financial Services Committee and IRS.
Hull Tactical US ETF (NYSE Arca: HTUS)
Hull Tactical US ETF (“HTUS” or “the Fund”) is an actively managed ETF, created to achieve long-term growth from investments in the U.S. equity and Treasury markets, independent of market direction. HTUS is driven by a proprietary, patent-pending, quantitative trading model. The Fund takes long and short positions in ETFs that seek to track the performance of the S&P 500, as well as leveraged ETFs or inverse ETFs that seek to deliver multiples, or the inverse, of the performance of the S&P 500. (http://hulltacticalfunds.com/)
Hull Tactical Asset Allocation, LLC
Hull Tactical Asset Allocation, LLC (“HTAA”) is an SEC registered investment advisor. HTAA is an independent, privately owned firm focused on quantitative asset management and long-term capital management. HTAA serves as an ETF advisor, and utilizes advanced algorithms and macro and technical indicators to anticipate future market returns. The strategies are stress tested with over 20 years of historical data and evolved from tactical allocation models developed and traded by Hull Investments, LLC.
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.hulltacticalfunds.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Investments in smaller companies typically exhibit higher volatility. The Fund will invest in (and short) exchange-traded funds (ETFs). The Fund will be subject to the risks associated with such vehicles. The Fund may also invest in leveraged and inverse ETFs. Inverse and leveraged ETFs are designed to achieve their objectives for a single day only. For periods longer than a single day, leveraged or inverse ETFs will lose money when the performance of the underlying index is flat over time, and it is possible that a leveraged or inverse ETF will lose money over time even if the level of the underlying index rises or, in the case of an inverse ETF, falls. In addition, shareholders indirectly bear fees and expenses charged by the underlying ETFs, as well as the Fund’s direct fees and expenses. The Fund may invest in derivatives, including futures contracts, which are often more volatile than other investments and may magnify the Fund’s gains or losses.
The Fund is an actively managed ETF and, thus, does not seek to replicate the performance of a specified passive index of securities.
The Fund may take short positions. The loss on a short sale is theoretically unlimited. Short sales involve leverage because the Fund borrows securities and then sells them, effectively leveraging its assets. The use of leverage may magnify gains or losses for the Fund.
There is no guarantee that any investment strategy will produce positive results.
Exchange Traded Concepts, LLC serves as the investment advisor, and Vident Investment Advisory, LLC serves as a sub advisor to the fund. The Funds are distributed by SEI Investments Distribution Co., which is not affiliated with Vident Investment Advisory, LLC, Exchange Traded Concepts, LLC or any of its affiliates. HTAA is not affiliated with Exchange Traded Concepts, LLC, or any of its affiliates, or with SEI Investments Distribution Co.