Kurv Unveils KGLD: A New Way of Seeking Enhanced Income With Gold

SAN FRANCISCO--(BUSINESS WIRE)--Kurv Investment Management, a provider of tax-efficient, institutional-grade alternative strategies, today announced the launch of the Kurv Gold Enhanced Income ETF (Cboe BZX: KGLD). KGLD seeks to offer investors enhanced income while outperforming the price return of gold bullion. KGLD primarily looks to generate monthly income through options strategies on Gold ETPs.

“Traditional physical gold investments often lack income potential and have performance drag with hidden expenses like insurance costs, storage fees, and potentially higher taxes on capital gains,” said Howard Chan, founder and chief executive officer of Kurv Investment Management. “KGLD is designed to address these challenges by converting a non-income-generating asset into a tax-efficient income-producing one with efficient exposure to gold.”

“Kurv was created with the mission to offer institutional quality investment products to the masses, so everyone and anyone can reach their investment objectives,” said Chan. “Creating tax-aware, option-based solutions like KGLD is just one extension toward our goal of giving individual investors and advisors the tools they need for greater success.”

For more information about Kurv’s approach to the democratization of institutional-grade investment products, please visit: https://www.kurvinvest.com

About Kurv Investment Management

Kurv Investment Management is a tax-aware, option-based investment manager founded by a team of highly experienced professionals from industry-leading firms. Kurv Investment Management removes costly and complicated barriers to entry and streamlines management and reporting to serve its mission to democratize access to high-caliber portfolio tools and investment options previously reserved for only the largest institutional investors.

Important Information:

An investor should consider the investment objectives, risks, charges, and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 1-833-955-KURV (5878) or visit KurvInvest.com. Read the prospectus carefully before investing.

Investing in the Fund entails risk, including the loss of principal. The Fund is not a complete investment program and investors should review the risks associated with the Fund before investing. The Fund is an actively managed portfolio, and the portfolio managers will apply investment techniques and risk analyses that may not produce the desired result. There can be no guarantee that the Fund will meet its investment objective. The Fund is new with a limited operating history.

Fund Objective: The Fund seeks maximum total return.

Fund Risks: the Fund may invest in gold and gold bullion-related ETFs and derivatives on gold and gold bullion-related ETFs. The price of gold may be volatile, and gold bullion-related ETFs and derivatives may be highly sensitive to the price of gold. The price of gold bullion can be significantly affected by international monetary and political developments such as currency devaluation or revaluation, central bank movements, economic and social conditions within a country, transactional or trade imbalances, or trade or currency restrictions between countries. Physical gold bullion has sales commission, storage, insurance, and auditing expenses. No income is derived from holding physical gold, which is unlike securities that may pay dividends or make other current payments. Gold held in physical form (even in a segregated account) involves the risk of delay in obtaining the assets in the case of bankruptcy or insolvency of the custodian. This could impair disposition of the assets under those circumstances. To the extent it holds physical gold, the Gold Fund is also subject to an increased risk of loss and expense in connection with the transportation of such assets to and from the Gold Fund’s custodian.

The Fund is new with a limited operating history.

The Kurv Gold Enhanced Income ETF is distributed by Foreside Fund Services LLC, Member FINRA/SIPC. Foreside Fund Services LLC is not affiliated with Kurv Investment Management.