FolioBeyond rings the NYSE Closing Bell to celebrate the launch of the Rising Rates ETF “RISR”
NEW YORK, NY – December 22, 2021 - FolioBeyond, in collaboration with Tidal ETF Services, was pleased to ring the closing bell at the New York Stock Exchange to celebrate the launch of the FolioBeyond Rising Rates ETF (“RISR”). FolioBeyond CEO said, “This was a very exciting product launch for FolioBeyond. Having the opportunity to ring the closing bell was a great opportunity to commemorate and celebrate the launch of this innovative product, one that we believe has to potential to provide investors a unique exposure that is difficult or impossible to replicate with existing products in the market.”
RISR is designed to profit from rising interest rates while producing attractive returns in a stable rate environment. Both institutions and retail investors can utilize RISR as a unique hedge against rising interest rates in what is a potentially increasing inflationary economic environment that ultimately must be dealt with by every investor.
Maintaining a target of approximately negative 10 years in duration, RISR can also be implemented in FolioBeyond’s multi-factor optimization model, which provides overall guidance on asset allocation across 24 fixed income sub-sectors.
About FolioBeyond
FolioBeyond is an asset management firm that utilizes advanced algorithms as well as AI and machine learning tools designed to build diversified portfolios, manage risk, deliver optimal returns, and provide customized asset management solutions for both fixed income and equity portfolios.
About Tidal ETF Services
Formed by ETF industry pioneers and thought leaders, Tidal sets out to disrupt the way ETFs have historically been developed, launched, marketed and sold. With a transparent, partnership approach, Tidal offers a comprehensive suite of services, proprietary tools, and methodologies designed to bring lasting ideas to market. As advocates for ETF innovation, Tidal helps RIAs, institutions and investment firms launch, manage and grow innovative ETFs that clients demand. For more information, visit tidaletfservices.com.
Media Contact
George Lucaci
Global Head of Distribution
glucaci@foliobeyond.com
908.723.3372
DISCLOSURES
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call (866) 497-4963 or visit our website at etfs.foliobeyond.com. Read the prospectus or summary prospectus carefully before investing.
Investments involve risk. Principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. The fund is new and has a limited operating history to judge.
Fund Risks - The value of MBS IOs is more volatile than other types of mortgage-related securities. They are very sensitive not only to declining interest rates, but also to the rate of prepayments. MBS IOs involve the risk that borrowers may default on their mortgage obligations or the guarantees underlying the mortgage-backed securities will default or otherwise fail and that, during periods of falling interest rates, mortgage-backed securities will be called or prepaid, which may result in the Fund having to reinvest proceeds in other investments at a lower interest rate. The Fund’s derivative investments have risks, including the imperfect correlation between the value of such instruments and the underlying assets or index; the loss of principal, including the potential loss of amounts greater than the initial amount invested in the derivative instrument. The value of the Fund’s investments in fixed income securities (not including MBS IOs) will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities owned indirectly by the Fund.
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