FAIRHOPE, Ala.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
APTUS CAPITAL ADVISORS LAUNCHES THE APTUS ENHANCED YIELD ETF (CBOE: JUCY) AS APTUS ETFS CROSSES $2B IN ASSETS
JUCY Seeks to Help Investors Lift Portfolio Income
Aptus Capital Advisors, LLC announces the launch of the Aptus Enhanced Yield ETF (Cboe: JUCY), an actively-managed exchange-traded fund (ETF) combining short-duration government securities with an equity options overlay designed to deliver attractive, distributable income.
The launch of JUCY adds to the firm’s growing suite of actively-managed ETF strategies, as the firm recently reached $2 billion in assets under management across its ETFs. Launched in 2013, Aptus Capital Advisors supports advisors pursuing better client outcomes through hedged strategies, managed portfolios, and investment support. We’ve seen independent wealth managers gravitate to options-based strategies for their abilities to pursue upside while dynamically managing risk.
“Our Drawdown Patrol strategies have been a compelling solution for many advisors as they look to meet client needs in an unsettled rate environment.” said JD Gardner, Founder and Portfolio Manager at Aptus Capital Advisors. “We’re proud to have helped advisors help clients over the past six years, and excited to now offer a true income strategy not reliant on long duration or sketchy credit.”
“As investors continue to navigate the uncertainties of a rising rate environment, Aptus Capital Advisors is providing an innovative, options-based solution that aims to meet client demand for income generation,” said Rob Marrocco, Senior Director of Listings at Cboe Global Markets. “We are honored to support the continued expansion of their product suite and remain committed to providing Aptus with the exceptional listings services and market quality they have come to expect on our exchange.”
JUCY is an actively-managed strategy seeking attractive income with capital preservation. The strategy typically invests in a portfolio of lower-duration US Treasuries and Agency Securities to provide stability and income. It then enhances the portfolio's yield by using an option overlay to provide more distributable income. At least 80% of the fund’s net assets will be invested in government and agency securities. JUCY is expected to begin trading on the Cboe BZX Exchange on Tuesday, November 1, 2022.
Investors can learn more about JUCY at www.aptusetfs.com
Aptus Capital Advisors
Aptus Capital Advisors is an SEC registered investment advisor and serves as the Funds’ investment advisor. The funds are distributed by Quasar Distributors, LLC.
An investor should carefully consider the investment objectives, risks, charges and expenses of the ETFs as applicable, before investing. The prospectus of JUCY contains this and other important information and is available free of charge by calling toll-free at 1-800-617-0004 or writing to Aptus at 265 Young Street, Fairhope, AL 36532. The prospectus should be read carefully before investing.
Investing involves risk and principal loss is possible. Shares of ETFs are bought and sold in the secondary market at market prices (not NAV) and are not individually redeemed from the Fund. Duration is a commonly used measure of the potential volatility of the price of a debt securities, prior to maturity. Securities with a longer duration generally have more volatile prices than securities of comparable quality with a shorter duration. Derivative Securities Risk. The Fund invests in options that derive their performance from the performance of an underlying reference asset. Derivatives, such as the options in which the Fund invests, can be volatile and involve various types and degrees of risks, depending upon the characteristics of a particular derivative. High Portfolio Turnover Risk. The Fund may frequently buy and sell portfolio securities and other assets to rebalance the Fund’s exposure to specific securities. New Fund Risk. The Fund is a recently organized investment company with a limited operating history. Non-Diversification Risk. The Fund is considered to be non-diversified, which means that it may invest more of its assets in the securities of a single issuer or a smaller number of issuers than if it were a diversified fund. Options Risk. Selling (writing) and buying options are speculative activities and entail greater than ordinary investment risks. Futures Contracts Risk. A decision as to whether, when, and how to use futures involves the exercise of skill and judgment and even a well-conceived futures transaction may be unsuccessful because of market behavior or unexpected events.
