NEW YORK–(BUSINESS WIRE)–The First 5G ETF (NYSE: FIVG), launched by Defiance ETFs on 03/04/2019, surpassed $135M in less than nine months, making it one of the most successful thematic ETF launches of 2019.
“The First 5G ETF (FIVG) has had significant organic growth and is one of the lowest cost thematic ETFs at only 0.30%. We have seen continued investor interest given the recent acceleration of the 5G buildout which we believe has the potential to accelerate in 2020,” says Chief Executive Officer of Defiance ETFs, Matthew Bielski.
FIVG tracks a rules-based index that gives you exposure to the next generation of communications set to benefit from the 5G rollout in 2020 and beyond. FIVG is part of an ETF family that also includes QTUM, The Quantum Computing ETF; and DIET, focused on the next generation of food and sustainability.
About Defiance ETFs
Defiance ETFs is a low-cost** thematic ETF provider focusing on the Next Generation of investors.
*FIVG AUM as of 12/02/2019.
The Funds’ investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. The prospectus can be obtained by calling 1-833-333-9383 Please read it carefully before investing.
Investing involves risk. Principal loss is possible. As an ETF, the fund may trade at a premium or discount to NAV. Shares of any ETF are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. The Fund is not actively managed and would not sell a security due to current or projected under performance unless that security is removed from the Index or is required upon a reconstitution of the Index. A portfolio concentrated in a single industry or country, may be subject to a higher degree of risk. The value of stocks of information technology companies are particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation and competition. The Fund is considered to be non-diversified, so it may invest more of its assets in the securities of a single issuer or a smaller number of issuers. Investments in foreign securities involve certain risks including risk of loss due to foreign currency fluctuations or to political or economic instability. This risk is magnified in emerging markets. Small and mid-cap companies are subject to greater and more unpredictable price changes than securities of large-cap companies. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
The possible applications of 5G technologies are only in the exploration stages, and the possibility of returns is uncertain and may not be realized in the near future.
**A commission may apply when buying or selling an ETF.
Total return represents changes to the NAV and accounts for distributions from the fund. Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET
The Defiance ETFs are distributed by Quasar Distributors, LLC.