Amplify ETFs to Liquidate the Amplify CrowdBureau Online Lending and Digital Banking ETF (LEND)
10 Junho 2021 - 7:00AM
Amplify ETFs today announced the scheduled liquidation of the
Amplify CrowdBureau Online Lending and Digital Banking ETF (NYSE
Arca: LEND) (the “Fund”). Based upon the recommendation of Amplify
Investments LLC, the Fund’s Investment Adviser, the Board of
Trustees of the Amplify ETF Trust unanimously determined that it
was in the best interests of the Fund and its shareholders to
liquidate the Fund.
The Fund will no longer accept creation or redemption orders
after the close of business on June 22, 2021. Shareholders may sell
their shares in LEND prior to the end of the trading day on June
25, 2021. Customary brokerage charges may apply to these
transactions. The Fund will cease trading at the end of the trading
day on June 25, 2021.
The Fund will be liquidated and a final distribution to
shareholders of the Fund is expected to occur on or around July 1,
2021. Any person holding shares in the Fund as of the liquidation
date will receive a cash redemption amount equal to the net asset
value of their shares as of that date. Shareholders generally will
recognize a capital gain or loss on any redemption.
Amplify Investments will bear all Fund fees and expenses that
may be incurred by the Fund in connection with the liquidation and
distribution of cash proceeds to investors, other that brokerage
fees and other related expenses.
For additional information about the liquidation, shareholders
of the Fund may visit https://amplifyetfs.com/lend, or call
855-267-3837.
About Amplify ETFsAmplify ETFs, sponsored by
Amplify Investments, has over $4.3 billion in assets across its
suite of ETFs (as of 5/31/2021). Amplify believes the ETF structure
empowers investors through efficiency, transparency and
flexibility. Amplify ETFs deliver expanded investment opportunities
for investors seeking growth, income, and risk-managed
strategies.
ContactsSales Contact:Amplify ETFs855-
267-3837info@amplifyetfs.com
Media Contact:Gregory FCA for Amplify ETFsKerry Davis,
610-228-2098amplifyetfs@gregoryfca.com
Carefully consider the Fund’s investment objectives,
risk factors, charges and expenses before investing. This and
additional information can be found in the Fund’s 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.
Amplify ETFs are distributed by Foreside Fund Services, LLC.
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