Defiance ETFs Launches the First 5G ETF (NYSE: FIVG) for 0.30%
March 05 2019 - 9:15AM
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.
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Chris Sullivan/Caroline EmersonMacMillan Communications(212)
473-4442caroline@macmillancom.com
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