GAMCO Investors to Offer Gabelli Financial Services Opportunities ETF (GABF)
10 Maio 2022 - 8:00AM
Business Wire
GAMCO Investors, Inc. (“GAMCO”) (NYSE: GBL) will launch Gabelli
Financial Services Opportunities ETF (NYSE: GABF), on or around May
10, 2022.
GAMCO will offer a “loyalty” program under which the first $25
million of the Fund’s assets under management will incur no fees
and expenses.
GABF’s investment objective is to seek capital appreciation. The
Fund will seek to identify and invest in leading firms in the
financial services sector that are positioned to benefit from
long-term economic trends including greater demand for wealth
advisory and asset management services. The Fund will seek out
firms that are instrumental in building and providing payments
infrastructure and firms that are leveraging technology to lower
client acquisition costs, improve operating efficiency, and drive
higher customer engagement from digital applications. The Fund will
also look to invest in firms with durable brands, recurring
revenue, and sizeable addressable markets.
GAMCO Investors, Inc. (NYSE: GBL), through its subsidiaries,
manages assets of private advisory accounts (GAMCO) and mutual
funds and closed-end funds (Gabelli Funds, LLC), and is known for
its Private Market Value with a Catalyst™ style of investment. As
of March 31, 2022, GAMCO Investors, Inc. had $33.4 billion in
assets under management. Further information can be found at
www.gabelli.com
About Gabelli Financial Services Opportunities ETF
Gabelli Financial Services Opportunities ETF is a diversified,
open-end management investment company whose primary investment
objective is to seek capital appreciation. Under normal market
conditions, the Fund will invest at least 80% of the value of its
net assets in the securities of companies principally engaged in
the group of industries comprising the financial services sector.
Your investment in the Fund is not guaranteed and you could lose
some or all of the amount you invested. The Fund is managed by
Gabelli Funds, LLC, a subsidiary of GAMCO Investors, Inc.
(NYSE:GBL).
This ETF is not yet available to purchase, and this is not a
solicitation to purchase a security. Please read the Prospectus,
including the Risk Discussion, carefully (when it becomes
available) to understand the attributes and risks of this ETF
before investing.
This ETF is different from traditional ETFs. Traditional ETFs
tell the public what assets they hold each day. This ETF will not.
This may create additional risks for your investment. For
example:
- You may have to pay more money to trade the ETF’s shares. This
ETF will provide less information to traders, who tend to charge
more for trades when they have less information.
- The price you pay to buy ETF shares on an exchange may not
match the value of the ETF’s portfolio. The same is true when you
sell shares. These price differences may be greater for this ETF
compared to other ETFs because it provides less information to
traders.
- These additional risks may be even greater in bad or uncertain
market conditions. The differences between this ETF and other ETFs
may also have advantages. By keeping certain information about the
ETF secret, this ETF may face less risk that other traders can
predict or copy its investment strategy. This may improve the ETF’s
performance. If other traders are able to copy or predict the ETF’s
investment strategy, however, this may hurt the ETF’s performance.
For additional information regarding the unique attributes and
risks of the ETF, see the ActiveShares prospectus/registration
statement.
You should consider the ETF’s investment objectives, risks,
charges and expenses carefully before you invest. The ETF’s
Prospectus, which will be available from G.distributors, LLC, a
registered broker-dealer and FINRA member firm, will contain this
and other information about the ETF, and should be read carefully
before investing.
Gabelli Funds, LLC is a registered investment adviser with the
Securities and Exchange Commission and is a wholly owned subsidiary
of GAMCO Investors, Inc. (NYSE:GBL)
To obtain a Prospectus (when it becomes available), please
visit https://www.gabelli.com/funds/etfs or call:
John Ball 914-921-7728
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version on businesswire.com: https://www.businesswire.com/news/home/20220510005376/en/
John Ball Senior Vice President (914) 921-7728
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