Bob Dochterman Joins Reality Shares as Executive Vice President
Financial Veteran is Latest Senior Addition to Growing ETF Provider
Financial Veteran is Latest Senior Addition to Growing ETF Provider
SAN DIEGO, Oct. 20, 2015 /PRNewswire/ -- Reality Shares, Inc., which provides institutional strategies for exchange-traded fund (ETF) investors, today announced that financial industry veteran Bob Dochterman has joined the firm as an Executive Vice President. Dochterman, who has been involved with Reality Shares as an investor, brings more than 25 years of experience in marketing, sales, distribution and business development to the firm. In this new role, Dochterman will help lead the firm's commercial operations, reporting to Eric Ervin, CEO of Reality Shares, and working closely with Ryan Ballantyne, Executive Vice President of Sales and Trading.
"Bob brings us nearly three decades of experience and broad relationships throughout the investment industry, which will be invaluable as we continue to grow our business and launch new ETFs," said Eric Ervin, CEO of Reality Shares. "Bob has been an excellent resource for us, providing a deep understanding of the market and the unique needs of our customers, and we are thrilled to have him join our senior leadership team."
Dochterman joins Reality Shares from Wealthcare Consultants, a sales, marketing and strategy consulting firm focused on the financial industry, where he was President. Before that he spent more than 10 years at Hotchkis and Wiley Capital Management, where he was Chief Marketing Officer responsible for sales, marketing and relationship management for their retail and institutional businesses. He also has served as a Managing Director and Western Division Sales Manager for Merrill Lynch Investment Managers and in similar sales and distribution roles for Salomon Brothers and John Nuveen & Co. Dochterman earned a B.A. degree in economics from the University of Illinois and an M.B.A. from the University of California at Irvine.
Dochterman is the latest financial industry veteran to join Reality Shares as it grows and expands. Earlier this year, Ken Han joined the firm as a Portfolio Manager and Ted Meyer joined as Director of Communications.
Ken Han brings 12 years of experience to his new role at Reality Shares, where he is focused on portfolio management and fund strategy development. He joined the firm from UBS, where he managed a multi-billion dollar portfolio. Prior to that, he worked on UBS' structured finance desk, structuring and underwriting asset-backed fixed income deals. Before UBS, Han managed the development and production of fixed income analytic software at a boutique consulting firm. Han earned a B.S. degree from Carnegie Mellon University and an M.B.A. from Cornell University.
In his new role, Ted Meyer leads communications and marketing communications for Reality Shares. He has 20 years of communications and marketing experience, including 12 years in the financial industry, most recently as Head of Communications in the Americas for Deutsche Bank, where he worked for nearly 10 years. Before that, he worked in media relations at UBS. Meyer earned a dual B.S. degree with honors in Public Relations and Marketing Management from Syracuse University.
About Reality Shares
Reality Shares is an innovative asset management firm, exchange-traded fund issuer and index provider that offers institutional strategies for ETF investors. The firm's research-driven investment products and solutions are designed to minimize the effects of market noise and emotion on investment performance. Reality Shares' goal is to democratize the world's best investing ideas, using systematic quantitative methods to deliver products and solutions that support a wide range of investing objectives, such as diversification, lower correlation, risk mitigation, or unique market exposures.
Honored as "New ETF Issuer of the Year" by ETF.com, Reality Shares' innovative DIVY ETF (NYSE Arca: DIVY) is designed to isolate corporate dividend growth from stock price volatility. For more information, visit www.realityshares.com.
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This material is prepared by Reality Shares, Inc. ("Reality Shares") and is presented for information purposes only. This material does not constitute investment advice and should not be considered a solicitation to buy or an offer to sell securities. It does not take into account any investor's particular investment objectives, strategies, tax status or investment time horizon.
The investment return of the Reality Shares DIVS ETF (Fund) seeks to capture the change in expected dividend values of Large Cap Securities over time. The Fund will generally have a positive investment return when the future expected dividend value of the Fund's instruments exceeds the expected dividend value of the Fund's instruments as reflected in the market price at which the Fund buys and sells the Fund's instruments. The Fund will generally have a negative investment return when the future expected dividend value of the Fund's instruments does not exceed the expected dividend value of the Fund's instruments as reflected in the market price at which the Fund buys and sells the Fund's instruments. The Fund does not capture actual dividend payments, and Fund returns may go down even when actual dividend payments rise.
Unlike more traditional products, the Fund does not seek returns based on appreciation in the stock market price of equity securities. This means the returns on a Fund investment are not intended to correlate to the returns of the overall stock market (e.g., the value of the Fund investment may go down when overall equity markets go up or vice versa).
The Fund does not generate dividend income, and is not appropriate for investors seeking dividend income. Investment returns of the Fund are treated for tax purposes as capital gains or losses, as applicable. See the section "Taxes" in the prospectus for more information.
There are risks associated with investing, including possible loss of principal. Past performance is not indicative of future performance and is no guide to future returns. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. This material may contain forward-looking information and is not intended to be relied upon as a forecast. Investments in swaps, options, forward contracts and futures contracts are subject to a number of risks, including correlation risk, interest rate risk, market risk, leverage risk and liquidity risk. The prices of the Fund's instruments may change rapidly and without warning throughout the trading day.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This information is in the prospectus, and may be obtained by visiting www.realityshares.com/ prospectus or by calling 855-595-0240. Please read the prospectus carefully before you invest.
The Fund is not limited to US securities. The Fund may invest in European and Japanese securities per the most recent prospectus. The portfolio manager is limiting the Fund to US securities as of January, 2015 and could be subject to change without notification.
The ETF shares are bought and sold at market price, may trade at prices above or below the net asset value of the fund, and are not individually redeemed from the fund. Brokerage commissions and expenses will reduce investment returns.
The Reality Shares DIVS ETF is new with limited operating history. There is no guarantee the Fund will achieve its investment objective, and may not be suitable for all investors. The Advisor has not previously managed an ETF registered under the 1940 Act.
Eric Ervin is a Registered Representative of ALPS Distributors, Inc. Ryan Ballantyne is a Registered Principal of ALPS Distributors, Inc. Kenneth Han is a Registered Representative of ALPS Distributors, Inc. Reality Shares Advisors, LLC is the Investment Advisor. ALPS Distributors, Inc. is the Distributor for the Fund. Reality Shares Advisors, LLC and ALPS Distributors, Inc. are not affiliated.
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