Definitive Materials Filed by Investment Companies. (497)
08 4월 2020 - 5:21AM
Edgar (US Regulatory)
Filed Pursuant to Rule 497
Registration File No. 333-222463
PROCURE ETF TRUST II
Procure Space ETF
(the “Fund”)
Supplement dated April 7, 2020
(“Supplement”)
to the Summary Prospectus, Statutory Prospectus and Statement of
Additional Information (“SAI”) dated February 28,
2020
Capitalized terms and certain other terms used in this Supplement,
unless otherwise defined in this Supplement, have the meanings
assigned to them in the Prospectuses and SAI.
This Supplement contains new and additional information and should
be read in conjunction with the Prospectuses and SAI.
Effective immediately, the following disclosure is added to the
Fund’s "Principal Risks – Index Risk” section
–
Although
the Fund follows a defined index rebalance schedule, the Index
Provider could determine to suspend or delay a rebalance due to a
market event, during which time the Fund’s index tracking
risk may be heightened and could negatively impact
investors.
Effective immediately, the following disclosure is added to the
Fund’s "Principal Risks - Passive Management Risk" section
–
Unlike
with an actively managed fund, the Advisor does not use techniques
or defensive strategies designed to lessen the effects of market
volatility or to reduce the impact of periods of market decline.
This means that, based on market and economic conditions, the
Fund’s performance could be lower than other types of funds
that may actively shift their portfolio assets to take advantage of
market opportunities or to lessen the impact of a market
decline.
Effective immediately, the following disclosure is added to the
Fund’s "Principal Risks" section –
Natural Disaster/Epidemic
Risk. Natural or environmental
disasters, such as earthquakes, fires, floods, hurricanes, tsunamis
and other severe weather-related phenomena generally, and
widespread disease, including pandemics and epidemics, have been
and may be highly disruptive to economies and markets, adversely
impacting individual companies, sectors, industries, markets,
currencies, interest and inflation rates, credit ratings, investor
sentiment, and other factors affecting the value of the
Fund’s investments. Given the increasing interdependence
among global economies and markets, conditions in one country,
market, or region are increasingly likely to adversely affect
markets, issuers, and/or foreign exchange rates in other countries,
including the U.S. Any such events could have a significant adverse
impact on the value of the Fund’s
investments.
Any
public health emergency, including any emerging or reemergent
epidemics (including, without limitation, outbreaks of coronavirus,
influenza virus and ebola virus), or the threat thereof, could have
a significant adverse impact on the Fund and the securities it
holds, and could adversely affect the Fund’s ability to
fulfill its investment objectives. Beginning in late 2019, a novel
and highly contagious form of coronavirus known as SARS-CoV-2
emerged, causing a disease referred to as COVID-19 or
“coronavirus.” In March 2020, the World Health
Organization declared the COVID-19 epidemic a “global
pandemic,” meaning the disease was prevalent and spreading in
multiple geographies. The COVID-19 pandemic has resulted in
numerous deaths, adversely impacted global commercial activity and
contributed to significant volatility in certain equity and debt
markets. The global impact of the outbreak is rapidly evolving, and
many countries have reacted to reduce or mitigate the spread of
COVID-19 by implementing non-pharmaceutical intervention measures
(“NPIs”), such as quarantines, prohibitions on travel
and the closure of offices, businesses, schools, retail stores and
other public venues. Businesses are also implementing similar NPIs,
such as closures, contactless delivery and remote work. Such
measures, as well as the general uncertainty surrounding the
dangers and impact of COVID-19, are creating significant disruption
in supply chains and economic activity and are having a
particularly adverse impact on transportation, hospitality,
tourism, entertainment and other industries. As the COVID-19
pandemic continues and governments and businesses implement NPIs,
the potential economic and social impacts are increasingly
uncertain and difficult to assess, but may include global, regional
or other economic recessions. Any future pandemics may have a
similarly adverse impact on the economy and the Fund.
In
addition, the operations of the Fund, the Advisor and the
Fund’s other service providers may be significantly impacted,
or even temporarily or permanently halted, as a result of
government quarantine measures, voluntary and precautionary
restrictions on travel or meetings and other factors related to a
public health emergency, including its potential adverse impact on
the health of any such entity’s personnel.
Effective
immediately, the following disclosure is added to the "Principal
Risk – Market Price Risk" section –
Additionally,
natural or environmental disasters, widespread disease or other
public health issues, war, acts of terrorism or other events could
result in increased premiums or discounts to the Fund’s
NAV.
Investors Should Retain This Supplement for Future
Reference
Procure Space ETF (AMEX:UFO)
과거 데이터 주식 차트
부터 11월(11) 2024 으로 12월(12) 2024
Procure Space ETF (AMEX:UFO)
과거 데이터 주식 차트
부터 12월(12) 2023 으로 12월(12) 2024