RED BANK, N.J.--(BUSINESS WIRE)--WBI will ring the Opening Bell® at the New York Stock Exchange (NYSE) on Tuesday, August 30th, to celebrate the launch of their newest exchange-traded fund (ETF), WBI Tactical Rotation Shares (Ticker:WBIR). The new, actively managed fund debuted in late July, becoming the firm’s 11th ETF product in the market. The bell-ringing ceremony coincides with the firm’s second anniversary of their ETF market debut on August 27, 2014, when they surpassed $1 billion in assets under management over 10 active ETFs on the first day of trading.
Designed to take advantage of opportunities around the globe, WBIR seeks to protect capital during unfavorable market conditions. WBIR may invest in any global asset class, geographic region, country, index, sector, industry, currency, or cash equivalents. Proprietary models assess factors and conditions likely to affect the potential risk-adjusted return of the investment opportunities under consideration. As the relative attractiveness changes, assets will be allocated and reallocated to favor those with higher expected risk-adjusted returns.
“We are excited to introduce WBIR to investors, and expand upon the success of our existing portfolio of ETFs,” said Don Schreiber, founder and CEO of WBI. “As with all our funds, WBIR is designed to take advantage of global opportunities, while seeking to provide protection to capital during times of ongoing market volatility and historically low interest rates.”
Deemed “ETF royalty” by ETF Database, WBI’s suite of tactical, actively managed ETFs has placed the firm as the 5th largest manager of active ETFs as of June 30, 2016. For over three decades, WBI’s goal has been to help investors stay comfortably invested by aiming to reduce risk to capital. The firm’s unconstrained process can invest globally to take advantage of a wide range of opportunities or raise cash in an effort to protect capital. For more information on the firm, please visit www.WBIInvestments.com.
To live stream the bell-ringing, visit: www.livestream.com/NYSE.
An investment in the fund is subject to risk including possible loss of principal. The fund primarily invests in ETPs and is subject to the underlying risk of those ETPs which include but are not limited to: Equity Securities Risk, Debt Securities Risk, Foreign and Emerging Market Securities Risk, Derivatives Risk, Commodities Risk, Currency Risk, and Small-Mid Cap Risk. When the Fund invests in another ETF or other investment company, it will bear additional expenses based on its pro rata share of such investments company’s operating expenses. For additional risks please see prospectus.
Past performance is not indicative of future results.
Investors should consider the investment objectives, risks, charges, and expenses carefully before investing. For a prospectus and summary prospectus containing this and other information about the Fund please visit our website at www.wbishares.com or call 1-800-772-5810. Read the prospectus carefully before investing.
Foreside Fund Services, LLC, Distributor.