CHICAGO and MILWAUKEE and NEW YORK, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Financial advisory firm Days Global Advisors has launched on the New York Stock Exchange (NYSE) under the ticker HF (NYSE: HF). The firm’s innovative Absolute Return Exchange-Traded Funds (ETF) pave the way for investors to discover progressive investment opportunities. Absolute Return ETFs target to generate positive returns regardless of market conditions. Day’s mission is to provide investment solutions promoting incomparable inclusion, diversity, equity, and access, what Days Global Advisors refers to as I.D.E.A. The firm is bringing I.D.E.A to the traditionally restricted field of generational wealth building.
Days Global Advisors’ ETF made its initial debut on the NYSE on August 3, 2023, with an aim to bridge traditional investment gaps. The move allows more investors to tap into diverse investment solutions that have long been the stronghold of hedge funds. The ETF offers a malleable and cost-effective pathway for investors to participate in hedge fund strategies. The strategy lays the groundwork for financial inclusivity. Still, the most advantageous aspect is its accessibility, as it was created in a way that allows even those unfamiliar with the intricacies of the financial world to consider integrating the strategy into their portfolios. The overall aim is to reduce the impact of market downturns by effectively stabilizing returns of their core portfolio.
Headquartered in Houston, Texas, Days Global Advisors fosters a pulsating financial community that stimulates uninterrupted innovation and diversity in a city frequently overlooked in various industries but with a substantial business impact. Aside from their local area of Houston, the firm also utilizes a mathematical approach that opens up the possibility for investors worldwide to mitigate losses. Days Global Advisors challenges the notion that only excessive risks can provide an avenue to market success. Conversely, the firm expresses that by preserving capital during market downturns, the investor’s portfolio doesn’t experience as steep a decline and requires less growth to compensate.
The launch is the first of its kind due to its innovative approach to wealth management that opens up straightforward accessibility, as it involves the utilization of methodical hedging techniques merged with the flexibility and fluidity of ETFs. Days Global Advisors’ ETF directly addresses the need for investment solutions that are productive in the face of irregular market conditions. The mission infers extending the possible benefits of advanced, macro-focused, and hedge-risk tactics to a broader range of investors.
As a global macro hedge strategy, Days Global Advisors’ ETF offers flexibility, minimal entry barriers, and total transparency with a scalable method to provide practical alternatives for investors and organizations seeking diversification, uncorrelated returns, and thorough risk management. The ever-evolving market demands constant adaption and the ability to balance risk and reward effectively.
The HF ETF provides an easily tradable, highly scalable, and deeply liquid alternative to traditional passive core investment exposure.
Tidal Financial Group (“Tidal”), a leading ETF investment and technology platform, announced the listing of the DGA Absolute Return ETF (NYSE: HF) an actively managed fund managed by Days Global Advisors (“DGA”). The fund seeks long-term capital appreciation as a primary objective, with capital preservation as a secondary objective.
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 visit our website at www.daysadvisors.com. Read the prospectus or summary prospectus carefully before investing.
Investments involve risk. Principal loss is possible. New Fund Risk. The Fund is a recently organized management investment company with no operating history. As a result, prospective investors do not have a track record or history on which to base their investment decision. Shares May Trade at Prices Other Than NAV. As with all ETFs, Shares may be bought and sold in the secondary market at market prices. Although it is expected that the market price of Shares will approximate the Fund’s NAV, there may be times when the market price of Shares is more than the NAV intra-day (premium) or less than the NAV intra-day (discount) due to supply and demand of Shares or during periods of market volatility. Cybersecurity Risk. With the increased use of technologies such as the Internet to conduct business, the Fund is susceptible to operational, information security, and related risks. Equity Market Risk. The equity securities in which the Fund invests may experience sudden, unpredictable drops in value or long periods of decline in value. Political Criteria Risk. Because the Sub-Adviser evaluates the political activity of the companies in the Fund’s investment universe as part of its portfolio management process, it may forego some market opportunities available to other funds that do not consider political factors.
The Fund is distributed by Foreside Fund Services, LLC.
