Amplify ETFs Announces BLOK ETF Live for Trading on the NYSE
CHICAGO - January 17, 2018 (Investorideas.com Newswire) Amplify ETFs announced today that BLOK, the Amplify Transformational Data Sharing ETF is live and available for trading on the NYSE Arca.
BLOK is an actively-managed ETF investing in publicly-traded global companies leading the research, investment and revenue creation related to blockchain-based and other distributed ledger technologies. BLOK's actively-managed approach to investing in the fast developing world of blockchain-based technology allows the fund's portfolio managers to respond in real-time to valuations, company fundamentals and announcements that may impact the blockchain marketplace.
The ETF will be co-managed by the Fund's sub-advisers, Toroso Investments, LLC and CSAT Investment Advisory, L.P. (d/b/a Exponential ETFs). For more information on BLOK, go to: AmplifyETFs.com/BLOK
The launch of BLOK is consistent with Amplify's value proposition to bring first-to-market products across growth and income segments. Click here for a list of all Amplify ETFs: AmplifyETFs.com
About Amplify ETFs
Amplify ETFs, sponsored by Amplify Investments, has over $400 million in assets across ETFs for which it is Adviser or Sub-Adviser (as of 1/15/2018). Amplify believes the ETF structure empowers investors through efficiency, transparency and flexibility. Using those benefits as a foundation, Amplify seeks to build ETFs powered by investment strategies from leading index providers and asset managers within unique market segments. Amplify is also the sponsor of YieldShares, a brand of income-oriented ETFs.
Carefully consider the Fund's investment objectives, risk factors, charges and expenses before investing. This and additional information can be found in the Funds' statutory and summary prospectus, which may be obtained by calling 855-267-3837 or by visiting AmplifyETFs.com. Read the prospectus carefully before investing.
Investing involves risk, including the possible loss of principal. Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the Fund. The Fund is subject to management risk because it is an actively managed. Narrowly focused investments typically exhibit higher volatility. A portfolio concentrated in a single industry, such as blockchain companies, makes it vulnerable to factors affecting the companies. The Fund may face more risks than if it were diversified broadly over numerous industries or sectors. The Fund has become more susceptible to potential operational risks through breaches in cyber security. Digital Commodity Exchanges and other venues can be volatile and can adversely affect the value of a Blockchain Fund. Investments in blockchain companies are subject to: theft, loss, or destruction; competing platforms and technologies; developmental risk; intellectual property claims; lack of regulation or liquid markets, and possible manipulation of blockchain-based assets; and third party product defects or vulnerabilities. The Fund will invest in the securities of foreign companies. Securities issued by foreign companies present risks beyond those of securities of U.S. issuers.
Amplify Investments LLC is the Investment Adviser to the Fund, and Toroso Investments, LLC and CSAT Investment Advisory, L.P. (d/b/a Exponential ETFs) serve as the Investment Sub-Advisers.
Amplify ETFs are distributed by Quasar Distributors LLC.
Gregory FCA for Amplify ETFs
Kerry Davis, 610-228-2098
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