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Defiance ETFs Launches the First 5G ETF (NYSE: FIVG) for 0.30%
Tuesday March 5, 2019. 03:31 PM , from Digital Pro Sound
NEW YORK–(BUSINESS WIRE)–Defiance
ETFs has announced the launch of The Defiance Next Gen Connectivity ETF, the first 5G ETF (NYSE:FIVG) available for trading today, with an expense ratio of 0.30% “5G is disruption. It is the catalyst of the next revolution of technology. In our view, 5G will likely be the engine behind smart cities, augmented reality, remote virtual robotics surgery, autonomous vehicles and quantum computing, which we expect to roll out in 2019,” said Matthew Bielski, Chief Executive Officer of Defiance. About Defiance: Defiance focuses on ETFs built for the next generation of investors. NYSE:FIVG joins Defiance’s growing family of ETFs, which also includes QTUM and AUGR providing investors exposure to technologies that may stand to see significant benefits from the expansion of 5G networks. The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 833.333.9383. The Defiance Next Gen Connectivity ETF is the first ETF to emphasize securities whose products and services are predominantly tied to the development of 5G networking and communication technologies. The fund does this by tracking The BlueStar 5G Communications Index. The Fund attempts to invest all, or substantially all, of its assets in the component securities that make up the Index. The possible applications of 5G technologies are only in the exploration stages, and the possibility of returns is uncertain and may not be realized in the near future. Investing involves risk. Principal loss is possible. As an ETF, the fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The Fund is not actively managed and would not sell a security due to current or projected under performance unless that security is removed from the Index or is required upon a reconstitution of the Index. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk. The value of stocks of information technology companies are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition. The Fund is considered to be non-diversified, so it may invest more of its assets in the securities of a single issuer or a smaller number of issuers. Investments in foreign securities involve certain risks including risk of loss due to foreign currency fluctuations or to political or economic instability. This risk is magnified in emerging markets. Small and mid-cap companies are subject to greater and more unpredictable price changes than securities of large-cap companies. FIVG is distributed by Quasar Distributors, LLC. Contacts Chris Sullivan/Caroline EmersonMacMillan Communications(212) 473-4442caroline@macmillancom.com
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