WEBs Investments Inc. and Westwood Holdings Group Launch Defined VolatilitySM ETF Series With Debut of DVSP and DVQQ
WEBs Investments Inc. and Westwood Holdings Group Launch Defined VolatilitySM ETF Series With Debut of DVSP and DVQQ
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WEBs and Westwood Holdings Group Launch Two New, Innovative ETFs Into the Market that Directly Align with Today's Market Environment and Investors' Needs
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Created by ETF Pioneer Ben Fulton and Directly Supported by Westwood's Distribution, Sales and Administrative Platform, ETF Suite Offers New Framework for Harnessing Volatility for Better Risk-Adjusted Returns
- WEBs和Westwood Holdings集团推出两款全新且创新的ETF,以直接契合当今市场环境和投资者需求
- 由ETF先锋Ben Fulton创建,并直接支持Westwood的分销、销售和行政平台,ETF套件提供利用波动性获取更好风险调整回报的新框架
PARK CITY, Utah and DALLAS, Texas, Dec. 17, 2024 (GLOBE NEWSWIRE) -- WEBs Investments Inc. (WEBs), an innovator in volatility-managed investment solutions, and Westwood Holdings Group, Inc. (NYSE: WHG) ("Westwood"), a boutique asset management firm, today announced the launch of the WEBs Defined VolatilitySM ETF series. The WEBs Defined VolatilitySM SPY ETF (Nasdaq: DVSP) and the WEBs Defined VolatilitySM QQQ ETF (Nasdaq: DVQQ) are designed to provide a more stable investment experience across market conditions, using a dynamic, rules-based strategy to adjust exposure to equity markets based on real-time volatility.
犹他州帕克城和德克萨斯州达拉斯,2024年12月17日(GLOBE NEWSWIRE) -- WEBs Investments Inc.(WEBs),一家在波动性管理投资解决方案方面的创新者,以及Westwood Holdings Group, Inc.(纽交所:WHG)("Westwood"),一家精品资产管理公司,今天宣布推出WEBs定义波动性Sm ETF系列。WEBs定义波动性Sm SPY ETF(纳斯达克:DVSP)和WEBs定义波动性Sm QQQ ETF(纳斯达克:DVQQ)旨在通过使用基于规则的动态策略,根据实时波动性调整对股票市场的暴露,提供更稳定的投资体验。
Tracking the Syntax Defined VolatilitySM U.S. Large Cap 500 Index and the Syntax Defined VolatilitySM Triple Qs Index, the Defined VolatilitySM series seeks to dynamically adjust exposure to match a target risk level. During low-volatility periods, the ETFs use total return swaps to amplify exposure, attempting to enhance potential returns, while in high-volatility periods they shift toward cash and U.S. Treasuries to potentially help cushion against losses. This adaptive approach seeks to smooth the investment journey, and may provide investors with a more stable, risk-adjusted return potential.
跟踪Syntax定义波动性Sm美国大盘500指数和Syntax定义波动性Sm三重QQ指数,定义波动性Sm系列寻求动态调整暴露以匹配目标风险水平。在低波动性期间,这些ETF使用总回报互换放大暴露,试图增强潜在回报,而在高波动性期间则转向现金和美国国债,以潜在地帮助缓冲损失。这种适应性方法旨在平滑投资过程,并可能为投资者提供更稳定的风险调整回报潜力。
"Defined VolatilitySM is a unique approach to help investors better navigate the inevitable swings in the market—one that hasn't been utilized within the ETF ecosystem before," said Ben Fulton, Chief Executive Officer of WEBs Investments Inc. "Think of Defined VolatilitySM ETFs as a thermostat for your portfolio–by automatically adjusting exposure based on real-time market conditions, we offer investors a sophisticated yet simple tool to navigate unpredictable markets, enhancing stability and creating new opportunities for growth."
Ben Fulton,WEBs Investments Inc.首席执行官说:"定义波动性Sm是一种独特的方法,帮助投资者更好地应对市场中不可避免的波动—这是ETF生态系统中之前未曾使用过的一种方法。"把定义波动性Sm ETF想象成您投资组合的温控器—通过根据实时市场条件自动调整暴露,我们为投资者提供了一种复杂却简单的工具,以应对不可预测的市场,增强稳定性并创造新的增长机会。
Brian Casey, Chief Executive Officer of Westwood, added, "Expanding our ETF platform has been a key strategic priority for Westwood. Partnering with Ben Fulton and the WEBs team accelerates this vision by combining our extensive investment expertise and distribution capabilities with WEBs' innovative approach to ETF design. Together, we are creating a powerful suite of products that addresses investor demand for more sophisticated, volatility-managed solutions."
Brian Casey,Westwood首席执行官,补充道:“扩展我们的可交易ETF平台一直是Westwood的关键战略重点。与Ben Fulton及WEBs团队的合作加速了这一愿景,通过结合我们广泛的投资专业知识和分销能力,以及WEBs在ETF设计方面的创新方法。我们正在共同创建一套强大的产品,以满足投资者对更复杂、可波动管理解决方案的需求。”
The Defined VolatilitySM ETFs offer uncapped upside potential to the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ), enabling significant participation in market gains, while providing portfolio stability by reducing exposure during turbulent periods. Additionally, unlike many option-based strategies, these ETFs seek to generate dividend income, adding another layer of potential value for investors. We believe the swap-based strategy employed by the ETFs also enhances tax efficiency, avoiding substantial tax consequences typically associated with volatility-managed funds.
Defined VolatilitySm ETF提供了对SPDR 标普500指数ETF Trust (SPY)和Invesco QQQ Trust (QQQ)没有上限的上涨潜力,使得市场收益获得显著参与,同时通过在动荡时期减少敞口提供投资组合稳定性。此外,与许多基于期权的策略不同,这些ETF寻求产生股息收入,为投资者提供了另一层潜在价值。我们相信,ETF所采用的基于掉期的策略也提高了税务效率,避免了通常与波动管理基金相关的重大税务后果。
Defined VolatilitySM is a strategy developed in 2023 by ETF industry veterans Ben Fulton, Keith Cunningham, Tony Trevisan and Kevin Rich, who collectively have over a century of Wall Street experience in ETF innovation, financial analytics and product structuring. This innovative approach represents the initial product suite for WEBs Investments Inc., which was founded in 2024.
Defined VolatilitySm是一种由ETF行业资深人士Ben Fulton、Keith Cunningham、Tony Trevisan和Kevin Rich于2023年开发的策略,他们在ETF创新、金融分析和产品结构方面共同拥有超过一个世纪的华尔街经验。这种创新方法代表了WEBs Investments Inc.为2024年成立的初始产品系列。
Fulton has been a pioneer and leader in the ETF industry since it first began. Fulton previously grew Invesco's PowerShares ETF platform from $200 million to $80 billion during his tenure at the firm from 2005 to 2013. Mr. Fulton and his team have launched over 200 ETFs and more than 1,000 other investment products, accounting for over $150 billion in AUM.
Fulton自ETF行业初创以来一直是该行业的先锋和领导者。Fulton在2005年至2013年期间将Invesco的PowerShares ETF平台从20000万增长到800亿。Fulton先生及其团队推出了超过200只ETF和1000多种其他投资产品,总计超过1500亿的资产管理规模。
WEBs has partnered with Westwood to bring these new ETF products to market and expand Westwood's existing ETF platform. This partnership combines WEBs' innovative approach to volatility management with Westwood's established sales, distribution, operational resources and administrative support cultivated over 40 years in the investment management industry, to offer a unique investment solution that is specifically tailored to today's market environment. Westwood's Head of ETF Distribution & National Accounts, Chris Doran, will also directly support the advancement and distribution of the WEBs Defined VolatilitySM ETFs and will leverage his long-term client relationships for the benefit of the platform.
WEBs已与Westwood达成合作,将这些新的ETF产品推向市场,并扩展Westwood现有的ETF平台。此合作将WEBs在波动性管理方面的创新方法与Westwood在投资管理行业40年所培育的销售、分销、运营资源和行政支持相结合,以提供一种特别针对当今市场环境的独特投资解决方案。Westwood的ETF分销与全国账户负责人Chris Doran也将直接支持WEBs定义波动性ETF的推进和分销,并利用他长期的客户关系为该平台带来益处。
For more information about the WEBs Defined VolatilitySM ETFs and how they could enhance your investment strategy, please visit websinv.com.
有关WEBs定义波动性ETF及其如何增强您的投资策略的更多信息,请访问 websinv.com.
ABOUT WEBs INVESTMENTS INC.
关于WEBs投资公司
WEBs Investments Inc., which stands for "Westwood Engineered Beta" ("WEBs"), is an investment adviser registered with the U.S. Securities and Exchange Commission led by ETF-industry veteran Ben Fulton. WEBs specializes in developing innovative, volatility-managed investment solutions.
WEBs Investments Inc.,代表着“Westwood Engineered Beta”(“WEBs”),是一家注册于美国证券交易委员会的投资顾问,由ETF行业老兵Ben Fulton领导。WEBs专注于开发创新的波动性管理投资解决方案。
For more information, please visit: websinv.com
欲了解更多信息,请访问: websinv.com
ABOUT WESTWOOD HOLDINGS GROUP, INC.
关于Westwood Holdings集团,Inc.
Westwood Holdings Group (NYSE: WHG) is a boutique asset management firm based in Texas that offers a diverse array of actively-managed and outcome-oriented investment strategies along with white-glove trust and wealth services to institutional, intermediary and private wealth clients. For more than 40 years, Westwood's client-first approach has facilitated strong, long-term client relationships and an unwavering commitment to delivering bespoke investment strategies with a vehicle-agnostic approach, exceptional counsel and an unparalleled level of attentive client service. Westwood's flexible and agile approach to investing allows the firm to respond and adapt to constantly changing markets, while continually seeking innovative investment strategies that meet investors' short and long-term needs. Westwood's team comes from varied backgrounds, reflecting the company's origins as a woman-founded firm that is committed to incorporating diverse insight and knowledge into all aspects of the services and solutions that they offer clients. Westwood's core values—integrity, reliability, responsiveness, adaptability, flexibility and collaboration—underpin the company's pursuit of excellence each and every day.
Westwood Holdings Group (NYSE: WHG) is a boutique asset management firm based in Texas that offers a diverse array of actively-managed and outcome-oriented investment strategies along with white-glove trust and wealth services to institutional, intermediary and private wealth clients. For more than 40 years, Westwood's client-first approach has facilitated strong, long-term client relationships and an unwavering commitment to delivering bespoke investment strategies with a vehicle-agnostic approach, exceptional counsel and an unparalleled level of attentive client service. Westwood's flexible and agile approach to investing allows the firm to respond and adapt to constantly changing markets, while continually seeking innovative investment strategies that meet investors' short and long-term needs. Westwood's team comes from varied backgrounds, reflecting the company's origins as a woman-founded firm that is committed to incorporating diverse insight and knowledge into all aspects of the services and solutions that they offer clients. Westwood's core values—integrity, reliability, responsiveness, adaptability, flexibility and collaboration—underpin the company's pursuit of excellence each and every day.
For more information, please visit: westwoodgroup.com
For more information, please visit: westwoodgroup.com
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 844-455-9327 or visit our website at websinv.com . Read the prospectus or summary prospectus carefully before investing.
Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Fund, please call 844-455-9327 or visit our website at websinv.com . Read the prospectus or summary prospectus carefully before investing.
The funds are new with a limited operating history. Investing in the fund involves a high degree of risk. Principal loss is possible.
The funds are new with a limited operating history. Investing in the fund involves a high degree of risk. Principal loss is possible.
Fund Objective:
基金目标:
The DVSP Fund seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined VolatilitySM US Large Cap 500 Index. The Syntax Defined VolatilitySM US Large Cap 500 Index tracks the net asset value (NAV) of a portfolio that seeks exposure to the large-cap US equity market while targeting annual volatility of 20%. The Index seeks to accomplish these objectives by primarily allocating to shares of the SPDR S&P 500 ETF Trust (Ticker: SPY) and alternately allocating to either a cash position as a way of reducing volatility, or a total return swap on SPY as a way of applying leverage to the equity position and thereby increasing volatility.
DVSP 基金旨在提供在扣除费用和支出之前与 Syntax 定义波动指数美国大盘500 指数的表现相对应的投资结果。Syntax 定义波动指数美国大盘500 指数跟踪一个组合的净资产值(NAV),该组合旨在获取美国大盘股市场的敞口,同时目标年波动率为20%。该指数通过主要配置于 SPDR 标普500指数ETF 信托(逐笔明细:SPY)的股票,并交替配置于现金头寸以降低波动性,或者通过对 SPY 的总回报掉期以施加杠杆于股权头寸,从而增加波动性来实现这些目标。
The DVQQ Fund seeks to provide investment results that, before fees and expenses, correspond to the performance of the Syntax Defined VolatilitySM Triple Qs Index. The Syntax Defined VolatilitySM Triple Qs Index tracks the net asset value (NAV) of a portfolio that seeks exposure to non-financial large-cap US equities while targeting annual volatility of 22%. The Index seeks to accomplish these objectives by primarily allocating to shares of the Invesco QQQ ETF (Ticker: QQQ) and alternately allocating to either a cash position as a way of reducing volatility, or a total return swap on QQQ as a way of applying leverage to the equity position and thereby increasing volatility.
DVQQ基金旨在提供在扣除费用和支出之前,业绩与Syntax定义波动性Sm Triple Qs指数相对应的投资结果。Syntax定义波动性Sm Triple Qs指数跟踪一个投资组合的净资产值(NAV),该投资组合旨在寻求非金融大盘美国股票的敞口,同时目标年波动率为22%。该指数旨在通过主要分配到景顺QQQ ETF(逐笔明细:QQQ)股票,并交替分配到现金头寸作为降低波动性的方式,或对QQQ的一项总回报掉期作为对股票头寸施加杠杆以增加波动性。
Important Information
重要信息
The Funds are passively managed ETFs listed for trading on the Exchange. The Fund implements its investment objective by investing, under normal market conditions, at least 80% of its net assets (including borrowings for investment purposes) in financial instruments that achieve the investment results of the Index. The Fund will, from time to time as determined by the Index, hold cash, cash-like instruments or high-quality fixed income securities to the extent the Underlying ETF concentrates (i.e., holds 25% or more of its total assets) in the securities of a particular industry or group of industries, the Fund will concentrate its investments to approximately the same extent as the Underlying ETF. Because the Fund seeks exposure to the Underlying ETF, the Fund's investment performance largely depends on the investment performance and associated risks of the Underlying ETF. A significant portion of the Underlying ETF is represented by securities of companies in the information technology sector. The Fund is classified as "non-diversified" which means that the Fund may invest a higher percentage of its assets in a fewer number of issuers than is permissible for a "diversified" fund. If for any reason the Fund is unable to rebalance all or a portion of its portfolio, or if all or a portion of the portfolio is rebalanced incorrectly, the Fund's investment exposure may not be consistent with the Fund's investment objective. In these instances, the Fund may have investment exposure to the Index that is significantly greater or less than what is intended in its strategy. As a result, the Fund may be more exposed to leverage risk than if it had been properly rebalanced and may not achieve its investment objective. There can be no assurance that the Fund will achieve its investment objective and could incur substantial losses. The Fund's returns will likely differ in amount, and possibly even direction, from the returns of the Underlying ETF. These differences can be significant, the Fund could lose money regardless of the performance of its Underlying ETF and as a result of portfolio rebalancing, fees, the Underlying ETF's volatility, compounding and other factors, the Fund is unlikely to match the performance of the Underlying ETF.
这些基金是被动管理的ETF,在交易所上市进行交易。该基金通过在正常市场条件下将至少80%的净资产(包括用于投资目的的借款)投资于金融工具,来实现其投资目标,这些金融工具能够实现指数的投资结果。根据指数的决定,基金将不时持有现金、现金类工具或高质量的固收证券。如果基本ETF在特定行业或行业组的证券中集中(即持有25%或以上的总资产),基金将大致相同程度集中投资。由于该基金寻求对基本ETF的敞口,基金的投资表现在很大程度上依赖于基本ETF的投资表现及其相关风险。基本ETF的一个重要部分是信息技术行业公司的证券。该基金被归类为“非分散型”,这意味着该基金可以将更高比例的资产投资于较少数量的发行者,而非分散型基金是允许的。如果由于任何原因,基金无法重新平衡其投资组合的全部或部分,或者如果投资组合的全部或部分被错误地重新平衡,基金的投资敞口可能与基金的投资目标不一致。在这些情况下,基金对指数的投资敞口可能明显大于或小于其策略所意图的敞口。因此,基金可能面临更大的杠杆风险,这可能导致无法实现其投资目标。不能保证基金将实现其投资目标,并可能会遭受重大损失。基金的回报额可能与基本ETF的回报有所不同,甚至方向上也可能不同。这些差异可能非常显著,基金可能会遭受损失,无论其基本ETF的表现如何,并且由于投资组合的重新平衡、费用、基本ETF的波动、复利和其他因素,基金不太可能与基本ETF的表现相匹配。
The Funds are distributed by Foreside Fund Services, LLC which is not affiliated with WEBs Investments Inc., Westwood Holdings Group, Inc., U.S. Bank, or any of their affiliates.
基金由Foreside Fund Services, LLC发行,该公司与WEBs Investments Inc.、Westwood Holdings Group, Inc.、美国银行及其任何关联公司没有关联。
Investor Inquiries:
Chris Doran
Head of ETF Distribution and National Accounts
Westwood Holdings Group, Inc.
cdoran@westwoodgroup.com
WEBs Media Inquiries:
For WEBs Investments Inc.
Gregory FCA
webs@gregoryfca.com
484-798-7730
投资者咨询:
克里斯·多兰
ETF分销与全国客户经理主管
Westwood Holdings Group, Inc.
cdoran@westwoodgroup.com
WEBs媒体咨询:
关于WEBs投资有限公司。
格雷戈里 FCA
webs@gregoryfca.com
484-798-7730
Westwood Media Inquiries:
Catherine Polisi Jones
Polisi Jones Communications
cjones@polisijones.com
Westwood媒体咨询:
凯瑟琳·波利西·琼斯
Jones通信-半导体警察
cjones@polisijones.com