ATLANTA, Sept. 15, 2020 /PRNewswire/ -- Liquid Strategies, the parent of Overlay Shares exchange-traded funds (ETFs), announced today the Overlay Shares Large Cap Equity ETF (OVL) has crossed $100 million in assets under management since it began trading on the NYSE Arca in October. OVL attaches an income overlay to a passively managed index ETF, aiming to generate income and boost yield.
The Overlay Shares ETF suite features five sought-after and highly liquid index ETFs with each ETF employing a disciplined risk-managed overlay strategy focused on generating tax-efficient income on top of underlying core ETF assets.
- Overlay Shares Large Cap Equity ETF (ticker: OVL)
- Overlay Shares Small Cap Equity ETF (ticker: OVS)
- Overlay Shares Foreign Equity ETF (ticker: OVF)
- Overlay Shares Core Bond ETF (ticker: OVB)
- Overlay Shares Municipal Bond ETF (ticker: OVM)
"The continued growth of the Overlay Shares ETF suite demonstrates the significant need that investors have for income given the historic low yield environment", said Shawn Gibson, Chief Investment Officer for Liquid Strategies and Overlay Shares, "We are excited to provide investors with a solution to this problem by seeking to generate supplemental income for five of the largest asset classes."
For more information, please visit www.overlayshares.com.
Media Contact: |
Megan Delaney |
Liquid Strategies & Overlay Shares |
|
(770) 350-8717 |
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Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information are in the prospectus, a copy of which may be obtained by visiting the Fund's website (overlayshares.com). Please read the prospectus carefully before you invest. Foreside Fund Services, LLC, distributor.
Investments involve risk including the possible loss of principal. The Funds were recently organized and as a result, it has a limited track record on which to base an investment decision upon. The Funds invest in short term put options that derive their performance from the performance of the S&P 500 Index. Selling (writing) and buying options are speculative activities and entail greater than ordinary investment risks. The Funds could experience a loss or increased volatility in highly volatile market conditions or if the Funds are unable to purchase or liquidate a position to offset their costs or the amount of premium.
SOURCE Liquid Strategies, LLC
Related Links
http://www.liquidstrategiesllc.com
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