NASHVILLE, Tenn., Dec. 21,
2023 /PRNewswire/ -- PlanRock Investments announced
the launch of their two new alternative ETFs, the PlanRock
Alternative Growth ETF (PRAE), and the PlanRock Market Neutral
Income ETF (PRMN). Both ETFs began trading on the NYSE Tuesday, December 19, 2023.
"We are incredibly excited to announce these strategies," said
Stephen Hammers, Founder, CEO and
CIO, PlanRock Investment Management. "Our mission is to advance and
preserve investor capital by providing investment strategies that
may complement stocks or bonds and are designed to provide value
during bull or bear markets."
The PlanRock ETFs are offered as a potential replacement or
complement to traditional stock or bond portfolios.
The PlanRock Alternative Growth ETF seeks growth by
rotating between various segments of the global equity markets and
avoiding areas of the equity market that are struggling. The Fund
seeks low correlation to the broad global equity markets due to its
equity rotation and ability to move between long and short
positions while striving for positive returns during bull and bear
markets.
The PlanRock Market Neutral Income ETF seeks income and
capital appreciation by investing in high dividend global equities
for income and neutralizing market risk exposure through a series
of equity index futures. Hedging strategies are also utilized to
target volatility and potentially achieve added returns over time.
The strategy is designed to have a low to negative correlation to
the bond market with similar volatility.
About PlanRock
PlanRock Investment Management, LLC is a registered investment
advisor headquartered in Nashville,
Tennessee. Established in 2020, by Stephen Hammers, CEO & CIO, as well as other
portfolio managers of the previous Compass EMP/Victory Funds and
Victory Shares team. The firm also provides outsourced due
diligence, investment model portfolios and CIO services. for
financial advisors. The new ETFs are the latest products offered
with the objective to offer premier high alpha producing funds that
can be utilized as a potential replacement or complement to a
diversified portfolio during bull or bear markets.
PlanRock Investment Management, LLC is a registered investment
advisor. Registration as an investment advisor does not imply a
certain level of skill or training. Before investing in a PlanRock
ETF, you should carefully consider the fund's investment
objectives, risks, charges, and expenses. This and other
information are in the prospectus and summary prospectus, a copy of
which may be obtained by visiting the fund's website at
www.PlanRockFunds.com, or by calling 800-677-6025. Please read the
fund's prospectus and summary prospectus carefully before
investing.
Important Risk Information: Investing involves risk, including
loss of principal. There is no guarantee that any investment
strategy will achieve its objectives, generate profits or avoid
losses. Short sales involve unlimited loss potential since the
market price of securities sold short may continuously increase.
Investments in derivatives are subject to market risks that may
cause their prices to fluctuate over time and may increase the
volatility of the Fund. The Fund is an actively managed ETF. The
Funds' shares are bought and sold at market price (not NAV) and are
not individually redeemed from the Fund. PlanRock ETFs are
distributed by Northern Lights Distributors, LLC. There is no
affiliation between Northern Lights Distributors, LLC and PlanRock
Investments.
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SOURCE PlanRock Investment Management LLC