Lovell Minnick Partners

SonicShares™ Global Shipping ETF (NYSE Arca: BOAT) Pays Quarterly Dividend

Retrieved on: 
Thursday, April 6, 2023
Insurance, Dividend yield, ETF, Investment, Lovell Minnick Partners, Trust, NAV, Prospectus, Current yield, 7-day SEC yield, Security (finance), Financial adviser, Index, Fund

The Dividend Yield equals the sum of actual ordinary cash dividend payments in the last 12 months divided by the Fund’s closing NAV on April 4th, 2023.

Key Points: 
  • The Dividend Yield equals the sum of actual ordinary cash dividend payments in the last 12 months divided by the Fund’s closing NAV on April 4th, 2023.
  • The Fund provides investors with pure play exposure to a portfolio of global companies engaged in maritime shipping.
  • For more information about the Fund and standardized Fund performance, please visit: http://www.sonicshares.com/BOAT .
  • In particular, future distributions on any ETF may differ significantly from its Current Yield or 30-Day SEC Yield.

YieldMax Announces Monthly Distributions on TSLY and OARK ETFs

Retrieved on: 
Wednesday, April 5, 2023
Lovell Minnick Partners, 7-day SEC yield, Current yield, Falmouth Foreside, Maine, ETF, NAV, Risk, Security (finance), Financial adviser

The Current Yield is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Current Yield is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • 3 The 30-Day SEC Yield for TSLY is 2.66% and the 30-Day SEC Yield for OARK is 1.91%.
  • The Current Yield and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs.
  • In particular, future distributions on any ETF may differ significantly from its Current Yield or 30-Day SEC Yield.

Innovator Announces the Launch of Premium Income Barrier ETFs™

Retrieved on: 
Monday, April 3, 2023
OCC, ETF, Funding, Barrier option, Outcome, Lovell Minnick Partners, Milliman, O'Hara, U.S. Treasury, NAV, FLEX, Consultant, Financial accelerator, Prospectus, Yield, Investment, Risk, Option, Options Clearing Corporation, Fund, Stacker, Option style, Life insurance, Security (finance), Financial adviser, Barrier

There are material differences between traditional fixed income asset classes and the Innovator Barrier ETFs, which seek to provide a high level of income.

Key Points: 
  • There are material differences between traditional fixed income asset classes and the Innovator Barrier ETFs, which seek to provide a high level of income.
  • The value of fixed income products is tied to the value of the fixed income instruments the products hold.
  • Within a corporate capital structure, equity is generally subordinate to fixed income assets and, as such, carries a higher level of risk than fixed income assets.
  • There is no guarantee that the Fund will be successful in its attempt to implement the Barrier.

Defiance ETFs Fund Closure

Retrieved on: 
Thursday, April 6, 2023
Professional Services, Finance, Lovell Minnick Partners, Defiance, Prospectus, ETF, Trustee, Fund, Economy, Financial adviser, Security (finance)

The Board of Trustees of ETF Series Solutions, upon a recommendation from Defiance ETFs, LLC, the investment adviser to The Defiance Daily Short Digitizing the Economy ETF (IBIT), has determined to close and liquidate the Fund immediately after the close of business on April 28, 2023.

Key Points: 
  • The Board of Trustees of ETF Series Solutions, upon a recommendation from Defiance ETFs, LLC, the investment adviser to The Defiance Daily Short Digitizing the Economy ETF (IBIT), has determined to close and liquidate the Fund immediately after the close of business on April 28, 2023.
  • This will cause the Fund to increase its cash holdings and deviate from the investment objective and strategies stated in the Fund’s prospectus.
  • On or about the Liquidation Date, the Fund will liquidate its assets and distribute cash pro rata to all remaining shareholders.
  • Defiance ETFs are distributed by Foreside Fund Services, LLC.

Definiti Appoints Former U.S. Senator Pat Toomey and AssetMark CEO Ron Cordes to Board of Managers

Retrieved on: 
Wednesday, April 5, 2023
Finance, Consulting, Professional Services, Legal, Insurance, Consumer protection, United States Congressional Joint Economic Committee, Lynn University, University, Finance Committee (House of Commons), Dan Sullivan (U.S. senator), United States Senate Committee on Banking, Housing, and Urban Affairs, Harvard University, Berkeley, McGraw Hill Education, Government, Advisory Council, AUM, Retirement, Chemical Bank, Morgan, Grenfell & Co., Ernst & Young Entrepreneur of the Year Award, United States Senate Banking Subcommittee on Financial Institutions and Consumer Protection, Ranking, Lovell Minnick Partners, United States Congressional Joint Select Committee on Deficit Reduction, Ecosystem, LMP, Louisiana House of Representatives, United States Senate Banking Subcommittee on Economic Policy, House, Grenfell, Management, Definers Public Affairs, Housing

Senator Patrick Toomey and former AssetMark CEO Ronald Cordes to its Board of Managers.

Key Points: 
  • Senator Patrick Toomey and former AssetMark CEO Ronald Cordes to its Board of Managers.
  • Mr. Toomey and Mr. Cordes will serve alongside Definiti’s other Managers, bringing nearly 75 years of regulatory affairs, retirement policy, and wealth management acumen to the Board.
  • These two Board appointments follow the recently announced investment in Definiti by Lovell Minnick Partners (“LMP”), which closed on March 16.
  • He began his career in financial services at Chemical Bank and then Morgan, Grenfell & Co. Mr. Toomey holds a B.A.

FORUM CAPITAL ADVISORS ANNOUNCES INTERVAL FUND (FORAX) NOW AVAILABLE FOR PURCHASE VIA FIDELITY INVESTMENTS AND CHARLES SCHWAB

Retrieved on: 
Wednesday, April 5, 2023
Janus, Communication, Partnership, Hedge fund, Investment, Privatization fund, Investment Company Act of 1940, Lovell Minnick Partners, Fidelity Investments, Internal Revenue Code, US, Fidelity, American Tire Distributors, Risk, Internal Revenue Code section 1031, Janus Henderson, Fund, Forum, World Pensions & Investments Forum, Financial services, Financial adviser

DENVER, April 5, 2023 /PRNewswire/ -- Forum Capital Advisors LLC ("Forum"), a Denver-based registered investment adviser, announced it has partnered with both Fidelity Investments1 ("Fidelity") and Charles Schwab & Co, Inc. ("Schwab"), to add Forum Real Estate Income Fund ("the Fund") to their respective intermediary platforms, broadening access to the firm's registered offering for financial advisors and their clients.

Key Points: 
  • Forum Real Estate Income Fund (FORAX), now available for purchase by advisors via Fidelity Investments and Charles Schwab, provides access to institutional commercial real estate debt investments not typically available to individual investors.
  • DENVER, April 5, 2023 /PRNewswire/ -- Forum Capital Advisors LLC ("Forum"), a Denver-based registered investment adviser, announced it has partnered with both Fidelity Investments1 ("Fidelity") and Charles Schwab & Co, Inc. ("Schwab"), to add Forum Real Estate Income Fund ("the Fund") to their respective intermediary platforms, broadening access to the firm's registered offering for financial advisors and their clients.
  • 1 For the purposes of this communication, Fidelity Brokerage Services LLC, Fidelity Investments Institutional Operations Company LLC, and National Financial Services LLC, are collectively referred to as "Fidelity Investments."
  • Forum Real Estate Income Fund investments are complex, speculative investment vehicles that are not suitable for all investors.

Bitwise Launches BITC, a New Type of Bitcoin-Linked ETF Designed for Long-Term Investors

Retrieved on: 
Tuesday, March 21, 2023
Professional Services, Technology, Cryptocurrency, Other Technology, Finance, Fintech, Banking, Bitcoin, Crypto, ETF, BNY Mellon, Lovell Minnick Partners, BITC, BITW, Research, RIAS, Bitwise operation

Bitwise Asset Management , one of the world’s leading crypto asset managers, today announced the launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC).

Key Points: 
  • Bitwise Asset Management , one of the world’s leading crypto asset managers, today announced the launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC).
  • “We believe this same strategy can apply to the bitcoin futures market as it continues to deepen and evolve.
  • The launch of the Bitwise Bitcoin Strategy Optimum Roll ETF (ticker: BITC) is part of Bitwise’s broad suite of professional investment solutions for accessing the opportunities in the fast-evolving crypto market.
  • Today, Bitwise’s suite of more than 20 products includes the Bitwise Crypto Industry Innovators ETF (ticker: BITQ), Bitwise Web3 ETF (ticker: BWEB), Bitwise 10 Crypto Index Fund (ticker: BITW), private placement funds, multi-strategy solutions, and separately managed accounts.

Notification on Three Victory Portfolios II ETFs

Retrieved on: 
Friday, March 10, 2023
Professional Services, Finance, Funding, Investment, Prospectus, Lovell Minnick Partners, Risk, Index, FINRA, Exchange, ETF, Financial adviser, Security (finance)

The Nasdaq Stock Market LLC (the “Exchange”) has advised Victory Portfolios II that it has determined there were less than 50 beneficial holders in the following ETFs: VictoryShares THB Mid Cap ESG ETF, VictoryShares ESG Corporate Bond ETF, and VictoryShares ESG Core Plus Bond ETF (collectively “the Funds”).

Key Points: 
  • The Nasdaq Stock Market LLC (the “Exchange”) has advised Victory Portfolios II that it has determined there were less than 50 beneficial holders in the following ETFs: VictoryShares THB Mid Cap ESG ETF, VictoryShares ESG Corporate Bond ETF, and VictoryShares ESG Core Plus Bond ETF (collectively “the Funds”).
  • The Exchange has notified Victory Portfolios II that it may submit a plan for the Funds to gain compliance with the Rule.
  • Current shareholders in the Funds are not required to take any actions as a result of this notification.
  • ETFs may invest in securities included in, or representative of securities included in, the index, regardless of their investment merits.

YieldMax Announces Monthly Distributions on TSLY and OARK ETFs

Retrieved on: 
Tuesday, March 7, 2023
Risk, NAV, Current yield, ETF, 7-day SEC yield, Lovell Minnick Partners, Security (finance), Financial adviser

The Current Yield is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.

Key Points: 
  • The Current Yield is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV.
  • ³ The 30-Day SEC Yield for TSLY is 0.00% and the 30-Day SEC Yield for OARK is 0.00%.
  • The Current Yield and 30-Day SEC Yield is not indicative of future distributions, if any, on the ETFs.
  • In particular, future distributions on any ETF may differ significantly from its Current Yield or 30-Day SEC Yield.

AllianzIM’s Suite of ETFs Exceeds $1 Billion in Assets

Retrieved on: 
Wednesday, February 15, 2023
Professional Services, Insurance, Finance, Banking, Personal Finance, Accounting, Prospectus, Investment, AUM, Allianz Life, ETF, S&P, Trust, S&P Dow Jones Indices, Buffer, Allianz, Risk, Fund, Dow Jones, Standard, Risk management, SPDR, Funding, Lovell Minnick Partners, Financial adviser, Cryptocurrency, Security (finance), Life insurance, Index

Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announced its suite of Buffered ETFs has surpassed $1 billion in total assets under management.

Key Points: 
  • Allianz Investment Management LLC (AllianzIM), a wholly-owned subsidiary of Allianz Life Insurance Company of North America (Allianz Life®), announced its suite of Buffered ETFs has surpassed $1 billion in total assets under management.
  • “Reaching $1 billion in assets across our ETF suite reflects the critical role these products play in investors’ portfolios,” said Johan Grahn, Head ETF Market Strategist at AllianzIM.
  • Analyzing the ETFs’ performance in 2022, the product served as a valuable tool for investors.
  • Offering a new way to help investors seek to mitigate risk and reduce volatility, these ETFs complement Allianz Life’s suite of annuity and life insurance products.