Le Lézard
Classified in: Business
Subjects: ECO, ACC

Overlay Shares Core Bond ETF Crosses $100 Million in Assets


ATLANTA, July 9, 2020 /PRNewswire/ -- Liquid Strategies, the parent of Overlay Shares exchange-traded funds (ETFs), announced today the Overlay Shares Core Bond ETF (OVB) has crossed $100 million in assets under management since it began trading on the NYSE Arca in October. OVB aims to generate income by attaching an income overlay to a passively managed index ETF in order to boost yield. OVB can serve as a standalone investment solution or as a building block for combined asset allocation.

The Overlay Shares ETF suite features five sought-after and highly liquid index ETFs with each ETF employing a disciplined risk-managed overlay strategy focused on generating tax-efficient income on top of underlying core ETF assets.

"We believe the income solutions that we've built into our Overlay Shares ETF suite not only provide access to better income, but does so in a diversifying way that can complement existing portfolio holdings on a total return and risk profile basis as well," said Justin Boller, Portfolio Manager for Liquid Strategies and Overlay Shares.

For more information, please visit www.overlayshares.com

Media Contact:

Megan Delaney


Liquid Strategies & Overlay Shares


(770) 350-8717


[email protected]   

Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information are in the prospectus, a copy of which may be obtained by visiting the Fund's website (overlayshares.com). Please read the prospectus carefully before you invest.
Foreside Fund Services, LLC, distributor.

Investments involve risk including the possible loss of principal. The Funds were recently organized and as a result, it has a limited track record on which to base an investment decision upon. The Funds invest in short term put options that derive their performance from the performance of the S&P 500 Index. Selling (writing) and buying options are speculative activities and entail greater than ordinary investment risks. The Fund could experience a loss or increased volatility in highly volatile market conditions or if the Fund is unable to purchase or liquidate a position to offset its costs or the amount of premium.

 

SOURCE Liquid Strategies, LLC


These press releases may also interest you

at 08:20
HarborOne Bancorp, Inc. (the "Company" or "HarborOne") , the holding company for HarborOne Bank (the "Bank"), announced net income of $7.3 million, or $0.17 per diluted share, for the first quarter of 2024, compared to a net loss of $7.1 million, or...

at 08:17
GoDaddy now offers a line of smart point-of-sale (POS) terminals with the launch of the new GoDaddy Smart Terminal Flex. Designed to fit in an apron pocket for increased versatility, the Smart Terminal Flex is packed with modern features that help...

at 08:16
SecPod Technologies, a vulnerability and patch management leader, has announced a partnership with Logix, a trusted value-added distributor and advisor. This collaboration aims to promote and distribute SecPod's flagship product,...

at 08:15
Global supply chain and operations implementation consulting firm, SGS Maine Pointe, a member of the SGS Group, announced today that Jamie Loder will rejoin the firm as the new Managing Director, Private Equity Europe. Building on SGS Maine Pointe's...

at 08:10
Arcadia Biosciences, Inc.® , a producer and marketer of innovative, plant-based health and wellness products, today announced that it will release its financial and business results for the first quarter of 2024 after market close on May 9, 2024....

at 08:10
Media are invited to join Darren Fisher, Member of Parliament for Dartmouth-Cole Harbour, on behalf of the Honorable Sean Fraser, Minister of Housing, Infrastructure and Communities, alongside the Honourable Timothy Halman, Minister of Environment...



News published on and distributed by: