Amplify ETFs Announces Online Retail ETF (IBUY) Exceeds $200 Million in Assets
20 Fevereiro 2018 - 8:00AM
Business Wire
Flagship fund has returned 78.40%* since April
2016 inception
Amplify ETFs has announced its flagship product, the Amplify
Online Retail ETF (NASDAQ: IBUY), has surpassed $200 million in
assets under management as it continues to capitalize on the
worldwide growth of online retail sales. The fund has returned
58.31%* in the past year, and a cumulative return of 78.40%* since
inception as of 1/31/2018.
“Online retail sales only constitute 9% of total U.S. sales, and
we believe e-commerce is a trend that will gain significant
momentum well into the future,” said Christian Magoon, founder and
CEO of Amplify ETFs. “IBUY presents a compelling opportunity for
investors to capitalize on this robust growth potential within
their traditional brick-and-mortar consumer discretionary and
retail allocation.”
IBUY began trading on April 20, 2016 and seeks to replicate the
price performance of the EQM Online Retail Index (IBUYXT). The
rules-based index tracks a globally diverse basket of companies
that fall into three online retail categories -- marketplace,
travel and merchants -- all of which must generate 70% of revenue
from online or virtual sales.
Since its inception in February 2016, Amplify has remained
committed to delivering on its value proposition to bring
first-to-market products across growth and income segments.
To learn more about IBUY, visit the ETF’s website.
About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $600
million in assets across ETFs for which it is Adviser or
Sub-Adviser (as of 1/31/2018). Amplify believes the ETF structure
empowers investors through efficiency, transparency and
flexibility. Using those benefits as a foundation, Amplify seeks to
build ETFs powered by investment strategies from leading index
providers and asset managers within unique market segments. Amplify
is also the sponsor of YieldShares, a brand of income-oriented
ETFs.
*Represents cumulative performance as of January 31, 2018.
Inception date of the Fund is April 20, 2016.
IBUY Performance
CUMULATIVE (%) ANNUALIZED
(%) 1 Mo. 3 Mo. 6 Mo. YTD Since
Inception 1 Yr. Since Inception
Month end as of January
31st, 2018 Fund Nav 8.93% 18.91% 22.01% 8.93% 77.93% 57.92%
38.07% Closing Price 9.10% 18.81% 22.06% 9.10% 78.40% 58.31% 38.27%
Quarter end as of December 31st, 2017 Fund Nav 7.92% 12.20%
15.81% 50.18% 63.34% 50.18% 33.43% Closing Price 7.64% 12.12%
15.61% 50.27% 63.52% 50.27% 33.51%
Fund Inception Date: 4/20/2016The performance data quoted
represents past performance. Past performance does not guarantee
future results. The investment return and principal value of an
investment will fluctuate so that an investor’s shares, when sold
or redeemed, may be worth more or less than their original cost and
current performance may be lower or higher than the performance
quoted. The Fund’s gross expense ratio is 0.65%.
The EQM Online Retail Index seeks to measure the performance of
global equity securities of publicly traded companies with
significant revenue from the online retail business. The Index
methodology is designed to result in a portfolio that has the
potential for capital appreciation. Eligible constituents derive at
least 70% of revenues from online and/or virtual business
transactions (as opposed to brick and mortar and/or in-store
transactions) in one of three online retail business segments:
traditional online retail; online travel; and online marketplace.
An investment cannot be made directly in an index.
Carefully consider the Fund’s investment objectives, risk
factors, charges and expenses before investing. This and additional
information can be found in the Funds’ statutory and summary
prospectus, which may be obtained by calling 855-267-3837 or by
visiting AmplifyETFs.com. Read the prospectus
carefully before investing.
Investing involves risk, including the possible loss of
principal. The fund is new with limited operating history. Shares
of any ETF are bought and sold at market price (not NAV), may trade
at a discount or premium to NAV and are not individually redeemed
from the Fund. Brokerage commissions will reduce returns. Narrowly
focused investments typically exhibit higher volatility. A
portfolio concentrated in a single industry, such as the online
retail industry, makes it vulnerable to factors affecting the
industry. The Fund may face more risks than if it were diversified
broadly over numerous industries or sectors. Investments in
consumer discretionary companies are tied closely to the
performance of the overall domestic and international economy,
interest rates, competition and consumer confidence. Online retail
companies are subject to risks of consumer demand and sensitivity
to profit margins. Additionally technology and internet companies
are subject to rapidly changing technologies; short product life
cycles; fierce competition; aggressive pricing and reduced profit
margins; the loss of patent, copyright and trademark protections;
cyclical market patterns; evolving industry standards; and frequent
new product introductions. Information technology companies may be
smaller and less experienced companies, with limited product lines,
markets or financial resources and fewer experienced management or
marketing personnel. Stocks of many internet companies have
exceptionally high price-to-earnings ratios with little or no
earnings histories. Information technology company stocks,
especially those which are internet related, have experienced
extreme price and volume fluctuations that are often unrelated to
their operating performance. The Fund is non-diversified, meaning
it may concentrate its assets in fewer individual holdings than a
diversified fund. Investments in smaller companies tend to have
limited liquidity and greater price volatility than
large-capitalization companies. Investments in foreign securities
involve greater volatility and political, economic, and currency
risks and differences in accounting methods. The Fund's return may
not match or achieve a high degree of correlation with the return
of the underlying Index. To the extent the Fund utilizes a sampling
approach, it may experience tracking error to a greater extent than
if the Fund had sought to replicate the Index.
Diversification does not assure a profit or protect against a
loss in a declining market.
Amplify ETFs are distributed by Quasar Distributors LLC.
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version on businesswire.com: http://www.businesswire.com/news/home/20180220005412/en/
Sales Contact:Amplify
ETFs855-267-3837info@amplifyetfs.comorMedia Contact:Gregory FCA for
Amplify ETFsAmy Lash, 610-228-2806amyl@gregoryfca.com
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