Direxion Two Bucks ETF
Ticker: TBD
Exchange: NYSE Arca
Expense ratio: TBD
Original filing date: April 29, 2021
Effective date: July 13, 2021
Listing Date: TBD
CUSIP: TBD
Active: No

Investment Objective:
Seeks investment results, before fees and expenses, that track the Solactive Two Bucks Index, an index of 50 US securities with relatively low trading prices.

Index / Benchmark: Solactive Two Bucks Index
Constituents: 50

Index Methodology:
Universe: Solactive GBS United States All Cap Index
Quarterly rebalance in February, May, August, and November
To arrive at 50 securities for the index, at each rebalance securities must have:

• A minimum average daily value traded of $1 million over the prior 3 months
• A market capitalization of at least $85 million
• Not have had a reverse stock split between Index rebalancings

When index is rebalanced in August:

• The closing price for an Index component must be between $2 and $5 U.S. Dollars per share.

When the Index is rebalanced in February, May and November:

• The closing price for an Index component must be between $1.25 and $10 U.S. Dollars per share.

If above rules do not yield 50 names, then instead securities must have:

• A minimum average daily value traded of $1 million over the prior 3 months
• A market capitalization of at least $100 million
• A closing price between $2 and $5 U.S. Dollars per share
• Not had a reverse stock split between Index rebalancing dates
• All of the additional securities are then ranked in descending order by their share class-specific market capitalization and the securities with the highest share class-specific market capitalization are selected, until a total of 50 securities are selected for the Index.

Adviser: Rafferty Asset Management, LLC
Portfolio Managers: Paul Brigandi and Tony Ng
Administrator: U.S. Bancorp Fund Services, LLC
Fund accountant: Bank of New York Mellon
Transfer agent: Bank of New York Mellon
Custodian: Bank of New York Mellon
Distributor: Foreside Fund Services, LLC
Legal counsel: K&L Gates LLP
External accounting: Ernst & Young LLP
 
Prospectus is here.

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Applied Finance Valuation Large Cap ETF

Ticker: VSLU

Exchange: NYSE Arca

Expense ratio: 0.49%

Original filing date: January 08, 2021

Effective date: April 29, 2021

Listing Date: April 30, 2021

CUSIP: 26923N405

Active: Yes

Index / Benchmark: Not Applicable

 

Investment Objective:

Seeks long-term capital appreciation.

 

Investment Strategy / Index Methodology:

200 mainly large cap companies that offer superior return potential due to the company’s valuation, projected future earnings, dividends, financing activity, growth potential, recent performance, and business strategy.

 

Constituents: 200

 

Adviser: Applied Finance Advisors, LLC

Sub-Adviser: Toroso Asset Management

Portfolio Managers: Paul Blinn, Managing Member of the Adviser and Rafael Resendes, Managing Member of the Adviser

Administrator: Commonwealth Fund Services, Inc.

Fund accountant: Citi Fund Services Ohio, Inc.

Transfer agent: Citi Fund Services Ohio, Inc.

Custodian: Citibank, N.A.

Distributor: Foreside Fund Services, LLC

Legal counsel: Practus, LLP

External accounting: Cohen & Company, Ltd.

Compliance: TBD

 

Prospectus is here.

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Formidable ETF
Ticker: FORH

Exchange: NYSE Arca
Expense ratio: 1.20%

Original filing date: December 29, 2020
Effective date: April 28, 2021
Listing Date: April 30, 2021 May 7, 2021

CUSIP: 26923N306

Active: Yes
Index / Benchmark: Not Applicable
 
Investment Objective:
Seeks long-term capital appreciation.
 
Investment Strategy / Index Methodology:
Top-down and bottom-up research and analysis.
 
Constituents: 57 as of May 18, 2021
 
Adviser: Formidable Asset Management, LLC
Sub-Adviser: Toroso Asset Management
Portfolio Managers: Will Brown, Chief Executive Officer and Managing Partner
Adam Eagleston, CFA, Chief Investment Officer
Administrator: Commonwealth Fund Services, Inc.
Fund accountant: Citi Fund Services Ohio, Inc.
Transfer agent: Citi Fund Services Ohio, Inc.
Custodian: Citibank, N.A.
Distributor: Foreside Fund Services, LLC
Legal counsel: Practus, LLP
External accounting: Cohen & Company, Ltd.

Product page with holdings is here.
Prospectus is here.

Product factsheet is here.

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Amplify Thematic All-Stars ETF

Ticker: TBD

Exchange: TBD

Expense ratio: TBD

Original filing date: April 28, 2021

Effective date: July 12, 2021

Listing Date: TBD

CUSIP: TBD

Active: No

Investment Objective:

Seeks investment results that generally correspond (before fees and expenses) to the price and yield of the ETF All-Stars Thematic Composite Index.

Index / Benchmark: ETF All-Stars Thematic Composite Index

Index Provider: TBD

Investment Strategy / Index Methodology:

Universe: Companies held in ETFs that qualify for categorization in the following investment themes:

• Disruptive Technology: ETFs that seek to track companies that support technology infrastructure for continued innovation across all sectors of the economy.
• Evolving Consumer: ETFs that seek to track companies participating in evolving consumer trends, excluding ETFs that seek to track cannabis-related companies.
• FinTech: ETFs that seek to track companies involved with technologies that are disrupting the traditional ways professionals deliver and consumers manage investments, banking, and other financial services.
• Health Care Innovation: ETFs that seek to track companies involved with innovations addressing the many challenges across the health care industry, including chronic diseases, aging population, and rising health care costs.
• Industrial Revolution: ETFs that seek to track companies driving change in manufacturing, transportation, aerospace/defense, and mining and production of advanced (high tech) materials.
• Sustainability: ETFs that seek to track companies whose products and services are designed to limit the depletion and/or destruction of natural resources.
• Multi-Theme: ETFs that seek to track companies in two or more of the thematic segments detailed above.

Ownership-Adjusted Market Value (OAMV) is calculated for each company in the universe to determine. Top 75% of total OAMV stocks are chosen for index. Weighting is based on OAMV.

Each ETF is capped at 10% in each theme.

No single company can be more than 5% of the index.

Constituents: 160

 

Adviser: Amplify Investments LLC

Sub-Adviser: TBD

Portfolio Managers: TBD

Administrator: U.S. Bancorp Fund Services, LLC

Fund accountant: U.S. Bancorp Fund Services, LLC

Transfer agent: U.S. Bancorp Fund Services, LLC

Custodian: U.S. Bank National Association

Distributor: Foreside Fund Services, LLC

Legal counsel: Chapman and Cutler LLP

External accounting: Cohen & Company, Ltd.

 Prospectus is here.

 

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WisdomTree Digital Short-Term Treasury Fund

SUMMARY

Fund will track a 1-3 year T-bill index. However, with 𝗦𝗲𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿𝘀 as Transfer Agent and using a "𝗪𝗶𝘀𝗱𝗼𝗺𝗧𝗿𝗲𝗲 𝗮𝗽𝗽", fund will allow investors to move its ETF shares between blockchains.

If this 40 Act fund is approved by the SEC, it will be the first practical application of blockchain in a an ETF, or any other traded instrument.

DETAILS
Securrency will maintain record of ETF's share ownership in digitized form in one or more blockchains. WisdomTree will provide wallet service from an app, allowing investors to move their digitized shares between Stellar and Ethereum blockchains via a "𝗕𝗿𝗶𝗱𝗴𝗲".

ETF also allows for possibility of trading/transferring shares between shareholders on the blockchains, potentially bypassing intermediaries such as exchanges, clearing houses, etc.

𝗙𝗶𝗹𝗶𝗻𝗴 𝗶𝘀 𝗵𝗲𝗿𝗲.

Ticker: TBD

Exchange: TBD

Expense ratio: TBD

Original filing date: April 28, 2021

Effective date: TBD

Listing Date: TBD

CUSIP:

Active: No

Index / Benchmark: TBD

 

Investment Objective:

Seeks to track the performance, before fees and expenses, of the [_____] Index.

 

Investment Strategy / Index Methodology:

TBD

 

Adviser: WisdomTree Digital Management *NEW*

Sub-Adviser: TBD

Portfolio Managers: TBD

Administrator: TBD

Fund accountant: TBD

Transfer agent: Securrency Transfers, Inc.

Custodian: TBD

Distributor: TBD

Legal counsel: Perkins Coie LLP

External accounting: TBD

Compliance: TBD

 

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Charles Schwab International Dividend Equity ETF

Ticker: SCHY

Exchange: NYSE Arca

Expense ratio: 0.14%

Original filing date: December 21, 2020

Effective date: March 23, 2021

Listing Date: April 30, 2021

CUSIP: 808524672

Active: No

SCHY is launching on the 50th anniversary of Charles Schwab, capping a prominent history of innovation and accessible investing for the retail market.

Index / Benchmark: Dow Jones International Dividend 100 Index derived from the Dow Jones Global ex-U.S. Large-Cap Index and Dow Jones Global ex-U.S. Mid-Cap Index (excluding real estate investment trusts (REITs))

 

Investment Objective:

Track as closely as possible, before fees and expenses, the total return of an index composed of high dividend yielding stocks issued by companies outside the United States.

 

Investment Strategy / Index Methodology:

Universe: Non-US large and mid cap companies excluding REITs.

High dividend yielding definition: Consistently paying dividends, selected for fundamental strength relative to their peers, based on financial ratios, and then screened for lower volatility.

Filter criteria: 10 consecutive years of dividend payments, then:

400 securities with highest composite score based on four characteristics

• cash flow to total debt
• return on equity
• indicated dividend yield
• 5-year dividend growth rate 

A volatility screen applied to determine 100 securities for the index.

85% / 15% developed markets / emerging markets allocation, respectively.

Constituents: 100

 

Adviser: Charles Schwab Investment Management, Inc.

Portfolio Managers: Chuck Craig, Jane Qin, David Rios, Christopher Bliss, Paul Holmquist, CFA

Administrator: State Street Bank and Trust Company

Fund accountant: State Street Bank and Trust Company

Transfer agent: State Street Bank and Trust Company

Custodian: State Street Bank and Trust Company

Distributor: SEI Investments Distribution Co

Legal counsel: Dechert LLP

External accounting: Deloitte & Touche LLP

Prospectus is here.

Summary Prospectus is here.

Product Page URL.

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