Fundstrat Capital LLC together with Tidal Global Financial announces the listing of The Fundstrat Granny Shots US Large Cap ETF, on NYSE, Arca, under the ticker GRNY
NEW YORK, Nov. 7, 2024 /PRNewswire/ -- The Fundstrat Granny Shots US Large Cap ETF ticker GRNY, represents the best of Fundstrat Capital's views regarding how to invest in large cap US equities. GRNY utilizes a rigorous "granny shot" research process to identify the most important themes driving the economy and US equity market, select those stocks which benefit from the tailwinds generated by those themes, leading to a 20-50 stock portfolio of large cap US equities. The GRNY ETF employs an active top-down thematic approach combined with a quantitative bottom-up model, offering investors a differentiated approach likely absent from their asset allocation.
"This is an important step in the evolution of Fundstrat, and enables us to serve the broader Fundstrat Community more effectively," said Thomas J Lee, Co-Founder of Fundstrat Global Advisors. "The Fundstrat research community has been following the Granny Shots strategy since 2019. We're excited to provide them with an ETF that captures our investment process," said John Bai, Tom's partner and Co-Founder of Fundstrat Global Advisors.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus. Please read the prospectuses carefully before you invest.
Investing involves risk. Principal loss is possible.
The principal risks of investing in the Fund are summarized below. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund. Some or all of these risks may adversely affect the Fund's net asset value per share ("NAV"), trading price, yield, total return, and/or ability to meet its investment objective. For more information about the risks of investing in the Fund, see the section in the Fund's Prospectus titled "Additional Information About the Fund-Principal Risks of Investing in the Fund."
Equity Market Risk. Common stocks are generally exposed to greater risk than other types of securities, such as preferred stock and debt obligations, because common stockholders generally have inferior rights to receive payment from specific issuers.
Models and Data Risk. The composition of the Fund's portfolio is heavily dependent on investment models developed by the Sub-Adviser as well as information and data supplied by third parties ("Models and Data"). When Models and Data prove to be incorrect or incomplete, any decisions made in reliance thereon may lead to the inclusion or exclusion of securities from the Fund's portfolio that would have been excluded or included had the Models and Data been correct and complete.
Operational Risk. The Fund is subject to risks arising from various operational factors, including, but not limited to, human error, processing and communication errors of the Fund's service providers, counter parties or other third-parties, failed or inadequate processes and technology or systems failures. The Fund relies on third-parties for a range of services, including custody.
New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decisions.
Distributed by Foreside Fund Services, LLC. Foreside is not related to Tidal or Fundstrat.
For More Information, Contact:
Fundstrat Capital LLC
212-293-7140 (option 4)
SOURCE Fundstrat Capital
