GraniteShares Leveraged Long and Inverse Daily ETFs are not suitable for all investors. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The investment program of the Fund is speculative, entails substantial risks and include asset classes and investment techniques not employed by more traditional mutual funds. None of the Funds should be relied upon as a complete investment program. There can be no assurance that the investment objective of the Funds will be achieved. You could lose money by investing in the ETFs. PRINCIPAL FUND RISKS (see the Prospectus for more information) Read the prospectus or summary prospectus carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or click here. Investors should consider the investment objectives, risks, charges and expenses carefully before investing. The firm launched its first product in 2017 and is a fast growing ETF issuer with approx $1.5* Billion in assets under management spanning a full array of investment strategies.įor more information, please visit: *As of 1st December 2022 Graniteshares believes the future of investing lies at the nexus of alternative thinking, low fees, and disruptive product structures-the core of its high conviction investment philosophy. The firm is a European market leader in Leveraged Single Stock ETFs and provides innovative, cutting-edge investment solutions for the high conviction investor. Headquartered in New York City, GraniteShares provides products on U.S., U.K, German, French & Italian stock exchanges. GraniteShares is an award-winning global investment firm dedicated to creating and managing Exchange Traded Funds (ETFs). ”įor more information, images, video interview or to request interviews contact: Short and l everaged single-stock ETFs have been very popular in Europe and we’re excited to now bring ETFs on some of the most popular stocks to the U.S. “GraniteShares pioneered this market in Europe and we now have a leading franchise offering 106 products on major European exchanges. Since launch, we have seen some good uptake in these products, particularly the GraniteShares 1.5X Long COIN Daily ETF (CONL) that provides leveraged exposure to Coinbase stock.” “Today’s launch is an expansion of our existing ETF offering that provides exposure to Tesla (TSL, TSLI), Coinbase (CONL) and Apple (AAPB). “We are pleased to be able to expand our leveraged single - stock ETF platform to include M eta, Alibaba and N vidia, all first to market offerings”. Will Rhind, Founder and CEO at GraniteShares, commented : GraniteShares’ initial leveraged single-stock ETF launches are listed below: Fund Names GraniteShares’ range of products has proven very popular with investors in Europe and the company brings valuable operating experience to the U.S. GraniteShares launched +3X & -3X leveraged single stock ETPs on popular stocks such as Tesla, NIO, Rolls Royce and BP and has since expanded the range of products on offer to 106 listed across all major European markets - UK, France, Italy & Germany. GraniteShares first launched leveraged ETFs on single stocks in the UK in 2019. GraniteShares has removed a key access barrier by making such exposures available on exchange as ETFs, allowing sophisticated investors to express high-conviction views in a transparent, accessible way. Historically, access to leverage on single companies has been the domain of specialists such as Hedge Funds. GraniteShares’ new suite of leveraged single-stock ETFs expands on the current offering that provides exposure to Tesla (TSLA), Coinbase (COIN) & Apple (AAPL). This new category reflects the evolution of the ETF market from broad index solutions to the ability today to take targeted positions on individual stocks. GraniteShares 1.75X Long BABA Daily ETF ( BABX) offers 1.75 times (175%) long exposure to shares of Alibaba. The GraniteShares 1.5X Long META Daily ETF ( FBL) provides 1.5 times (150%) long exposure to shares of Meta, while the GraniteShares 1.5X Long NVDA Daily ETF ( NVDL) offers 1.5 times (150%) long exposure to shares of NVIDIA. The three new leveraged single-stock ETFs are as follows: Fund Names GraniteShares’ new suite of leveraged single-stock ETFs enables sophisticated investors to take high-conviction positions on some of the most popular stocks: Meta, Alibaba & Nvidia. ETF issuer, has listed three new leveraged single-stock Exchange Traded Funds (ETFs) on the NASDAQ Stock Exchange. 13, 2022 (GLOBE NEWSWIRE) - GraniteShares, the U.S.
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