Exchange Traded Concepts Adds MUSQ to ETF
Lineup
NEW
YORK, July 13, 2023 /PRNewswire/ -- The MUSQ
Global Music Industry ETF (NYSE: MUSQ) joins Exchange Traded
Concepts' summer lineup, headlining as the newest entertainment
thematic to take center stage on the ETF-in-a-Box platform –
serenading music aficionados worldwide with pure-play access to the
global music industry.
MUSQ ETF joins Exchange Traded Concepts'
summer lineup, headlining as the newest entertainment
thematic.
ETC is proud to work with accomplished music executive
David Schulhof, Founder and CEO of MUSQ, LLC, to launch the
innovative MUSQ Global Music Industry ETF (NYSE: MUSQ). Tracking
the MUSQ Global Music Industry
Indexi (MUSQIX), the MUSQ ETF is designed to
provide focused exposure to "All Things Music," including popular
segments such as streaming, live music, ticketing, radio and
more.
"Working with an experienced music investor and operator like
David when building a music tracking exchange-traded fund was
invaluable in bringing a well-designed product to market," says
Garrett Stevens, CEO of Exchange
Traded Concepts.
"Partnering with ETC streamlined market entry and now investors
everywhere have pure-play exposure to 'All Things Music' wrapped in
a convenient, liquid and transparent ETF," Schulhof explains.
"The MUSQ ETF offers investors direct access to the thriving
global music industry that shows no signs of slowing down."
Throughout the years, the world has witnessed remarkable
innovation and technological progress in the consumption of music,
evolving from reel-to-reel, 8-tracks, cassettes to CDs, and
ultimately leading to the digital revolution. Today,
digitalization, AI, social media and streaming platforms have
fundamentally transformed the global music industry, while
providing artists new ways to connect and engage with their
audiences and monetize intellectual property.
For more information about the MUSQ ETF, please visit
musqetf.com.
ABOUT EXCHANGE TRADED CONCEPTS (ETC)
Exchange Traded
Concepts is an independent investment advisor specializing in
launching, managing, and marketing white-label ETFs. Driven by the
demand to streamline the ETF process, ETC debuted the ETF-in-a-Box
platform in 2011, equipping ETF visionaries with a turnkey solution
to transform their concept into a live strategy in as little as 100
days. Today, ETC issues, advises and sub-advises ETFs for clients
worldwide. ETC provides the board, service providers and decades of
experience to offer asset managers (hedge, SMAs,
mutual) and others an efficient, cost-effective means to
leverage the benefits of the ETF wrapper. Learn more
at exchangetradedconcepts.com.
ABOUT MUSQ LLC
MUSQ LLC is the mastermind behind
the MUSQ Global Music Industry Index (MUSQIX), and the MUSQ Global
Music Industry ETF (NYSE: MUSQ). MUSQ LLC's founder and CEO,
David Schulhof, is an experienced
music investor and operator with more than 25 years of investing
and operating public and private companies in the music and
entertainment industry.
_____________________________________
i
administered by EQM Indexes
MUSQ Global Music Industry ETF is offered by prospectus.
Carefully consider the investment objectives, risks, charges, and
expenses. This and other important information can be found in the
MUSQ ETF prospectus, which should be read carefully before
investing and can be obtained here or by calling
1-888-687-7383.
Important Information
Investing involves risk, including the possible loss of
principal. There is no guarantee the Fund will achieve its stated
objectives.
In addition to the normal risks associated with investing,
international investments may involve the risk of capital loss from
unfavorable fluctuation in currency values, differences in
generally accepted accounting principles or social, economic or
political instability in other nations. Emerging markets involve
heightened risks related to the same factors as well as increased
volatility and lower trading volume. In addition to the normal
risks associated with investing, investments in small- or
mid-capitalization companies typically exhibit higher
volatility.
The Fund is non-diversified. The Fund's concentration in an
industry or sector can increase the impact of, and potential losses
associated with, the risks from investing in those
industries/sectors.
The Fund is new and has a limited operating history for
investors to evaluate. A new and smaller fund may not attract
sufficient assets to achieve investment and trading
efficiencies.
Exchange Traded Concepts, LLC serves as the investment advisor.
The Fund is distributed by SEI Investments Distribution Co.,
which is not affiliated with Exchange Traded Concepts, LLC or any
of its affiliates.
View original
content:https://www.prnewswire.com/news-releases/musq-etf-takes-center-stage-as-etcs-newest-entertainment-fund-301871564.html
SOURCE Exchange Traded Concepts, LLC