Kurv Launches the XSHP ETF, Designed to Provide SpaceX Exposure With Monthly Income Potential

New fund joins firm’s fast-growing lineup of tax-efficient, option income ETFs

SAN FRANCISCO--(BUSINESS WIRE)--Kurv Investment Management, an asset manager bringing an institutional approach to active ETFs, today announced the launch of the Kurv SpaceX Enhanced Income ETF (CBOE BZX: XSHP).

XSHP is the first ETF that seeks to offer investors the potential for current income while maintaining the opportunity for exposure to the share price of the common stock of SpaceX.

“SpaceX sits at the center of several powerful themes and has been one of the closest watched IPOs in recent memory,” said Howard Chan, Founder and Chief Executive Officer of Kurv Investment Management. “We believe growing demand for launch services, satellite connectivity, and space infrastructure is creating a significant market opportunity for investors seeking exposure to the evolving space economy.

“Direction of the share price can be hard to predict at the beginning of a historical IPO, and volatility may be high. Investors can potentially benefit from harvesting volatility premium without necessarily needing to forecast stock prices.”

“But innovation doesn’t have to come at the expense of income,” continued Chan. “This is why we are so excited to be launching XSHP, a strategy built for investors seeking exposure to SpaceX alongside the potential for monthly distributions.”

XSHP joins Kurv’s Single Stock Enhanced Income ETF suite, which includes some of the biggest names in technology, each of which has been packaged to deliver attractive potential monthly income.

“These single-stock, single-ticker solutions can provide a powerful means through which investors can both maintain their high-conviction equity positions and deliver meaningful income at the same time,” added Chan. “Using our institutional know-how to build this kind of tool is core to what Kurv is all about.”

For more information about XSHP, visit https://www.kurvinvest.com/etf/xshp

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 provide 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 to provide current income.

Fund Risks: The Fund is an actively managed exchange-traded fund that seeks current income while maintaining the opportunity for exposure to the share price (i.e., the price returns) of the common stock of Space Exploration Technologies Corp., commonly known as SpaceX (SPCX). The Fund seeks to primarily invest under normal circumstances in common stock of SpaceX (SPCX) and/or derivative instruments on SPCX, backed by a portfolio of Fixed Income Instruments of varying maturities, which may be represented by options and forwards, as well as Preferred Securities Instruments.

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