Strategy Shares Nasdaq 7HANDL™ Index ETF (HNDL) Celebrates Three-Year Anniversary with Highest Morningstar Rating
12 2월 2021 - 12:00AM
Business Wire
HNDL Based on First-of-Its-Kind Target
Distribution Index Powered by Nasdaq Dorsey Wright
Strategy Shares, a family of exchange traded funds (ETFs)
focused on bringing unique strategies to the ETF marketplace, today
announced that the Strategy Shares Nasdaq 7HANDL™ Index ETF
(HNDL) has reached its three-year anniversary and was awarded the
highest rating by Morningstar. HNDL is rated 5-stars1 as of
1/31/2021 out of 518 funds in the Morningstar US Allocation – 30%
to 50% Equity category, based on three-year risk-adjusted
returns.
“We believe HNDL has done a great job of delivering shareholders
strong risk-adjusted returns while maintaining a compelling
distribution rate,” stated Jerry Szilagyi, CEO of Rational
Advisors, Inc., the investment advisor for Strategy Shares ETFs.
“Since inception, HNDL’s 7% distribution rate has offered an
attractive option for addressing the challenges of meeting cash
flow needs in a near zero-yield world.”
HNDL is a first-of-its-kind target distribution ETF designed to
seek investment results that correlate generally, before fees and
expenses, to the price and yield performance of the Nasdaq 7HANDL™
Index. The index is split into two components, with a 50%
allocation to fixed income and equity ETFs (the “Core Portfolio”)
and a 50% allocation to a “Dorsey Wright Explore Portfolio,” a
tactical allocation with U.S. fixed-income, U.S. blend, U.S. equity
and U.S. alternative assets, or categories that have historically
provided high levels of income.
HNDL has adopted a policy to pay monthly distributions on Fund
shares at a target rate that represents an annualized payout of
approximately 7.0% on the Fund’s per-share net asset value on the
date of a distribution’s declaration. All or a portion of a
distribution may consist of a return of capital.
For more information on HNDL and Strategy Share’s ETF offerings,
please visit: www.StrategySharesETFs.com.
About Strategy Shares
Strategy Shares is a family of exchange traded funds (ETFs)
focused on bringing unique strategies to the ETF marketplace.
Currently, Strategy Shares offers two ETFs: the Strategy Shares
Nasdaq 7HANDL™ Index ETF (HNDL) and the Strategy Shares
Newfound/ReSolve Robust Momentum ETF (ROMO). For more information
on Strategy Shares and its fund offerings, please visit:
www.StrategySharesETFs.com.
Investors should carefully read and consider the investment
objectives, risks, charges and expenses of the Nasdaq 7HANDLTM
Index ETF. This and other important information about the Fund are
contained in the full or summary prospectus, which can be obtained
by calling (855) HSS-ETFS (855-477-3837) or at
www.StrategySharesETFs.com. The Strategy Shares are distributed
by Foreside Fund Services, LLC, which is not affiliated with
Rational Advisors, Inc., or any of its affiliates.
Important Risk Information
Investment in a fund of funds is subject to the risks and
expenses of the underlying funds. Diversification and asset
allocation may not protect against market risk or loss of
principal. Certain sectors and markets perform exceptionally well
based on current market conditions and the Nasdaq 7HANDLTM Index
ETF can benefit from that performance. Achieving such exceptional
returns involves the risk of volatility and investors should not
expect that such results will be repeated. The use of leverage can
amplify the effects of market volatility on the Fund’s share price
and make the Fund’s returns more volatile. The use of leverage may
cause the Fund to liquidate portfolio positions when it would not
be advantageous to do so in order to satisfy its obligations. The
use of leverage may also cause the Fund to have higher expenses
than those of funds that do not use such techniques.
HANDLS™ and HANDL™ are trademarks of Bryant Avenue Ventures LLC
and have been licensed for use by Rational Advisors, Inc.
Shareholders should not assume that the source of a distribution
from the Fund is net profit. Shareholders should note that return
of capital will reduce the tax basis of their shares and
potentially increase the taxable gain, if any, upon disposition of
their shares. The distribution rate may be modified at any time.
Shares of this ETF are bought and sold at market price (not NAV)
and are not individually redeemed from the ETF. Brokerage
commissions will reduce returns.
1 Past performance is no guarantee of future results.
Ratings reflect fee waivers in effect; in their absence, ratings
may have been lower.
© 2021 Morningstar. All Rights Reserved. The information
contained herein: (1) is proprietary to Morningstar and/or its
content providers; (2) may not be copied or distributed; and (3) is
not warranted to be accurate, complete or timely. Neither
Morningstar nor its content providers are responsible for any
damages or losses arising from any use of this information. Past
performance is no guarantee of future results.
The Morningstar Rating TM for funds, or “star rating”, is
calculated for managed products (including mutual funds, variable
annuity and variable life sub-accounts, exchange-traded funds,
closed-end funds, and separate accounts) with at least a three-year
history. Exchange-traded funds and open-ended mutual funds are
considered a single population for comparative purposes. It is
calculated based on a Morningstar Risk-Adjusted Return measure that
accounts for variation in a managed product’s monthly excess
performance, placing more emphasis on downward variations and
rewarding consistent performance. The Morningstar Rating does not
include any adjustment for sales loads. The top 10% of products in
each product category receive 5 stars, the next 22.5% receive 4
stars, the next 35% receive 3 stars, the next 22.5% receive 2
stars, and the bottom 10% receive 1 star. The Overall Morningstar
Rating for a managed product is derived from a weighted average of
the performance figures associated with its three-, five-, and
10-year (if applicable) Morningstar Rating metrics.
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version on businesswire.com: https://www.businesswire.com/news/home/20210211005159/en/
Sarah Streeter 646-757-8060
sarah.streeter@mfunddistributors.com
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